Legal questions on Business Law

Mental harassment

I'm working in a private sector called think7 business systems private limited joined on April 2nd 2018, during the interview they told they pay as per the previous company salary only. At that time I wanted job so I didn't speak with the CEO regarding the salary. After 2 months of working I privately sent a message by pleasing the CEO to, if possible please atleast increase the salary to 2k to...

Forced to get into another rent agreement by family member

I am a shopkeeper.Last November 2017 I gave advance by cheque for a shop to Mr.x . Without any legal documentation,and he gave me the key of the room and I took possession.He told me to open my shop.After some days we both agreed to do an agreement later.I have also paid him 1 month rent by cash.After opening of my shop within 4 weeks all on a sudden he passed away due to heart attack.Later I c...

Share certificate lost from karvycomputershare

Issue: We have sent a physical share certificate of Kotak Mahindra Bank for split to Karvy head-office but never received the split shares back. As per karvy they have sent it to us using registered AD however we never received it, on following up with post office, they are saying they lost the post sent from karvy. and karvy acknowledged it. We as a customer don't know what karvy se...

Firing the Managing Director by Shareholders of a Private Ltd Co

Our company is owned by two families. Family A holding 75% of shares distributed equally between 3 brothers and Family B holding 25% shares by a single person. Family A has only one Director (A1)in the board and also the person running the company and Family B has two directors including the Managing Director (80 Years old) (B1 and B2). Directors B1 and B2 entered into an MOU to pay a huge a...

Removing watchman from our apartment

We appointed a watchman a year back.He had been inflenced by two tesidents of our apatment n that to ladies. He started working everything for those two ladies. He always abuse n quarell with the flat owners. Everytime the above mentioned ladies support him in such cases. We conduct meeting n take the decisions, butthose two ladies go to presidents house n discuss the same issue n take decision...

Demat account and Dematerialisation of Physical shares

My father is 82 years old and is having few shares of RIL and other companies in Physical form with my mother as joint holder for shares. We came to know that all the shares are to be dematerialised by December 2018. Following are my queries: (i) Is it necessary to open Demat account in joint name of my father & mother? (ii) If demat account is not opened and shares are not dematerialised by ...

Bankruptcy

I bought goods on credit from various Traders for my retail shop since I had no capital to invest. After some years I find that I haven't been able to make full payments and my debts accumulated to about Rs.15 lakhs and my shop is also out of business. I have no stock of goods or money to make these payments. My indirect expenses were so high that my profit margin could not cover them and thus ...

Service Issue

We purchase an 40 KB online UPS from Hitachi with 2 years warranty. But from 4th July 2018 our UPS UPS not working. We mail and call to Hitachi Service team several time to repair our UPS. But till date our UPS not working. We need to repair our UPS immediately and give penalty for that. Our Issue: 1) No Preventive Maintenance done for last 8 to 9 months. As a result our UPS was down. 2...

No serivce under replacment

I was dealing with a Reputed pump company from coimbatore. i was making with them both the purchase and payment as per specified terms till 30th of december 2017. i have sent them replacement pumps for 1.42lakh on 5th september 2017 and have not received my replacement till 30th december and hence forth i had to pay them 2.66lakh(before replacment). After repeated intimation for service they di...

Fradualent activities around form filing jobs

15 days back I got call from one online form filling company from Gujarat. They told me that they have vacancy for Virtual assistant contract worker. Lady on the call told me that they will give 15 days online lesson & training & after that I have to give online exam in their website & I have to score 70% passing marks, if failed to do so then I have to pay penalty of 3100 rupees. They were in ...