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Checking legal possibilities of an idea

Chalanachithram.com DB » New TF Industry Related » Archive through June 01, 2014 » Checking legal possibilities of an idea « Previous Next »

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Reddit
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Username: Reddit

Post Number: 5050
Registered: 05-2013
Posted From: 122.175.3.49

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Posted on Saturday, May 31, 2014 - 10:24 pm:   Insert Quote Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Oka pakka runa maafi kosam wait chestha inko pakka donations isthunnaru in my friends circle. Vallu poni agriculture chesthara ante adhi ledu they just give their lands for annual lease. Ento le desam lo janala mentality ardam kadu.

Nakunna lands meda kuda loans vunnay but mukkodu ichina nenu tesukonu my reason for taking a loan is different.
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Itrader
Junior Artist
Username: Itrader

Post Number: 18
Registered: 05-2014
Posted From: 74.88.207.249

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Posted on Saturday, May 31, 2014 - 10:14 pm:   Insert Quote Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Bangarappa:



Yea right annai - I am against donation for sure - but this is something like an opportunity annai with special tax benefits while we are doing something for state.
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Bangarappa
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Username: Bangarappa

Post Number: 2447
Registered: 01-2014
Posted From: 107.133.164.31

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Posted on Saturday, May 31, 2014 - 09:56 pm:   Insert Quote Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

govt vidakotindi kabatti it's government responsibility to furnish all the money.....

people who paid taxes or vat on bought goods have already done their part ani naa idhi
M.B.F.
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Itrader
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Username: Itrader

Post Number: 16
Registered: 05-2014
Posted From: 74.88.207.249

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Posted on Saturday, May 31, 2014 - 09:32 pm:   Insert Quote Edit PostDelete PostView Post/Check IPPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

I am trying to furnish my idea here on seema andhra development. I know some media organizations (media, TANA, etc) are collecting donations for new capital. End of the day donation is a donation - it wouldn't suffice to meet the needs. So I am trying to think lot on the active involvement of NRI's in the state development. I thought through things like State selling Infrastructure bonds or state govt. guaranteed bonds, etc for the investment but I am not sure about feasibility. Apart from bonds - I have the following idea - need to know the legal possibility of establishing something like below - throw your ideas | concerns - I am trying for robust presentation on few options and will work hard to present to the people in Govt who matters most!

Step 1: Form a Company in India
Step 2: NRIs or people who wanted to invest money can buy shares.
Step 3: Company has 10 Lakhs shares.
Step 4: Each person is entitled to buy only 10 shares. This is to ensure no dominance or foul play by the people who invest more and take control of everything.
Step 5: Each share price is fixed. This can be decided based on the investment amount - let's say target is 1000 crores - so each share Rs.1 Lakh. so maximum any person can invest is 10 Lakhs. which is feasible for most of the people who wanted to grow personally at the same time involve in development of our state.
Step 6: Investment Ideas presentation and eVoting from all shareholders on the options. This can be done at anytime or present with some default options so people who are interested will come forward. Things like Super specialty hospitals, solar power generation, etc. Investment range consists of multiple investments to maximize the performance of the funds - just like mutual funds spreading money across different things like equity, govt bonds. etc.
Step 7: Choosing the company operation board including CEO, Directors and corporate structure. We will hire best possible in the market - some amount of money will be assigned and most importantly everyone will vote based on their qualifications. No one really controls the company. Obviously there are some disadvantages like taking hard decisions, etc... which can be worked out after going through reviews of this idea.

This idea brings all small investors yet potential money under one umbrella and don't have to fear about controlling person of the company. Since all of us have same amount of shares we have right to control and exercise our vote and also since everyone is equal - all we strive is for success of the company.

Don't think as fantasy - we all can work out towards right strategy and if there are no legal restrictions - we can make sure to take this program into all NRI's through active campaigns.

I just gave high level information - I would like to invite you to come up with serious suggestions. My objective is simple - we grow and at the same time we help our state and our country. This will also help our state, economy and create some jobs and can utilize tax benefits of new state and we can grow with it.

Length ekkuva ithe sorry!

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