Here's where all the 149 tickets that won €36,687 in Saturday's Lotto were sold-lotto kiosk-bqewd-doyurf

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[Here's where all the 149 tickets that won €36,687 in Saturday's Lotto were sold-lotto kiosk-bqewd-doyurf]1. As per the provisions of of the FEMA, Act 1999 the Company needs to do the Allotment with in 180days from the Receipt of application Money and para 9 of schedule I of Notification No.FEMA 20/2000-RB dated 03.05.2000 the Company needs to File Form FC-GPR within 30 days from the date of Allotment.2. However as per the Provisions of Section2 (31) of the Companies Act, 2013 if the Company has if the Company has not made the allotment within 60 days then it will treated as “Deposits”. The Company needs to Comply with the Provisions of chapter 5 of the Companies Act,2013and any Contravention made in complying chapter V of the Companies Act, 2013 then Company shall be punishable with a penalty of minimum Rs 1crore which may extend to 10 Crore. AND every officer of the Company shall be punishable with imprisonment of upto 7 years and/or fine of not less than 25 lakhs or both. If fraud has been proved on the part of Officer then he shall be booked under section 447 of the Companies Act, 2013.3. You have also made a non-compliance of Section 42 when you haven’t used subscription amount for adjusting it against issuing shares or refund money to the person from whom money received but utilised the money for land purchase. Penalty equivalent to amount involved or Rs. 2 crores whichever is higher shall be imposed to promoters and directors.But please appreciate, the issues involved in your case is not the non-compliances but it is much more. Both the partners need to sit together and reconcile. Please do revisit the terms of understanding Please do go through the Shareholders Agreement, Articles of Association and take help of a good Practising Company Secretary or a Corporate Lawyer to guide you on this.My best friend lives with his wife in an apartment close to mine in the same society. We are almost like family - the four of us plan holidays, dinners and weekends together. He has been my childhood friend. Our wives are also very friendly and love spending time together. My wife friend and I were in college together and we also lived-in with one more friend. But recently I have realized that my friend is growing fond of my wife. I can also say that on a few occasions, my friend has also dropped hints for wife swapping. I could be overthinking or joining too many dots but what if he brings this up? How do I react?(Pic: Shutterstock)

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