24 - Apr - 2019, 07:28 AM, Wed

FAQs !

Q:What is Liability?
Ans. Liability is responsibility; the state of one who is bound in law and justice to do something or to refrain from doing something.

Q:What is partnership?
Ans. A business enterprises entered into for profit, which is owned by more than one person, each of who is a ?partner?. A partnership ma be created by a formal written agreement, but may be based on an oral agreement or just a handshake. Each partner invests

Q:What is proprietorship?
A business owned by one person, as distinguished from a partnership or Partnership or corporation.

Q: What is company?
Ans. company means a company formed and registered under the Companies Act 1956.

Q:What is private company?
Ans. A company which (I) by its articles (a) restricts the rights to transfer its shares; and (b) limits the number of its member (exclusive of persons who are in the employ of the company) to fifty; and (c) prohibits any invitation to the public to subscribe

Q:What is public Limited Company?
Ans. Public company means a company which--( i) is not a private company (ii) has a minimum paid up capital of Rs. 5.00 Lacs or such higher paid up capital, as may be prescribed and (iii) is a private company which is subsdiary of a company which is not a priv

Q:What is Agreement to sell?
Ans. An Agreement for transfer of immovable property.

Q:What is Succession?
Ans. The statutory rules of inheritance of a dead person?s estate when the property is not given by the terms of a Will, as governed by the Indian succession Act 1956

Q:What is share certificate?
Ans. In all cooperative societies, the member are issue share certificate, which is not of the basic title document of the said member.

Q:What is previous sale deed/ conveyance deed?
Ans. When a property change hand says from A to B need to obtain the document of title pertaining to the property, which ought to be in the custody of ?

Q:What is permission to mortgage?
Ans. Permission to mortgage the property in the favour of bank / financial institution is required in the case of all leasehold property by the lesser i.e. the concerned government authority i.e. NOIDA, Greater Noida, Delhi development authority, L & DO, Ghazi

Q:How does a person become a ICL Business Owner?
Ans. person must be referred to the ICL business by an active ICL Business Owner. The referred Business Owner is responsible for enlightening the new Business Owner about the ICL business.

Q:Is it expensive to start a ICL business?
Ans. No. In fact, one needs to purchase only a package to become a ICL business owner.

Q:Are ICL Business Owners employees of the company?
Ans. No. ICL Business Owners are Independent Business Distributor and not employees of the company.

Q:How many packages, do ICL offer?
Ans. ICL offers many packages. Visit our web site (start business with us) for more information on these and other products.

Q:Do Business Owners have to make minimum purchases?
Ans. No. ICL Business Owners are not required to make any minimum or ongoing purchases.

Q:: Does ICL really give people more free time, or does it require a lot of time to succeed?
Ans. Like any small business, it takes hard work to succeed in the ICL business, and that requires time and commitment, especially in the beginning. Our research shows that most people understand this very well But the ICL business does offer flexibility to you

Q:Is product pricing competitive?
Ans. Our products are price-competitive and offer good value for money. The consumer is the ultimate judge of price and value, and our sales success over the years speaks volumes about our product value and customer satisfaction.

Q:Is it true that you don't have to sell?
Ans. Just buy the ICL products for yourself and refer others to do the same.

Q:What does ICL see as the role of women in the ICL business?
Ans. The ICL business opportunity is open to everyone, regardless of gender, race, age, religion, or political or other personal beliefs. The ICL a business appeals to women, men, couples, and families from all backgrounds. ICL has helped to empower many women

Q:Is ICL 's business continuing to grow?
Ans. Yes. There remain many opportunities for ICL's business to grow. ICL has opened its business opportunity across India. Continued development in India will fuel long-term growth. Right now, ICL is investing in enhancing and expanding our manufacturing and

Q:Is the business plan today as valid as it was years ago?
Ans. Absolutely, the ICL Sales and Marketing Plan, with its roots in the basic elements of free enterprise, is a proven business concept. Originating years ago, this business plan has been continually refined and enhanced to meet the needs of entrepreneurs.

Q:What is exchange deed?
Ans. This deed is executed when a property is exchanging in lieu o another property having approximately the same area and market value.

Q:What is mortgage deed/registered mortgage?
Ans. This deed is executed in case of mortgage of agricultural property on payment of stamp duty @ 2% of the loan amount sanctioned. Mortgage deed is also executed in those cases where equitable mortgage is not possible as original title document in respect of

Q:What is Development agreement/collaboration agreement?
Ans. Under this agreement, the owner of the property and the builder record their terms and condition connected with the development of the property. Generally, this agreement records the respective share of the builder and the owner in the property.

Q:Re-conveyance deed?
Ans. This deed is executed by the bank financial institution in favour of the borrower on repayment of the entire loan amount by the borrower. By this deed the ownership of property previously mortgaged with the bank/financial institution is re-conveyance back

Q:What is approved building plan?
Ans. The plan sanctioned by the concerned corporation ? for example, in Delhi, it is municipal corporation of Delhi, which approved the building plan is respect of the properties falling under its jurisdiction.

Q:What is stamp Duty?
Ans. Duty i.e. revenue payable to the government under the India stamp Act, in the form of stamp papers.

Q:What is Cancellation Deed?
Ans. A document / deed whereby a previously executed document is cancelled. By virtue of the cancellation Deed the previous documents ceases to have any effect in law.