Legal questions on Business Law

Company registration process for accepting international payments

Hi, I'm a freelancer. I sell software services and do software consulting. I'm trying to use Stripe (a Payment gateway) in one of my website. My website provides a software service to which now I'm adding payments and subscriptions. My expected annual turnover is less than 20 lacs. Stripe says I need an IEC code (Import / Export Code) to be able to accept international payments on my webs...

Directors Liability

I won a money decree against a PLC and they have gone on appeal and so I can not execute the decree. Meanwhile the directors (who have absolute control over the unlisted company promoted by family members) are siphoning off wealth of the company and investing in new companies in their personal names through cooking the account books .They are enacing a classical 'Phoenix Fraud' here as they are...

Change in Partnership Firm & Partnership Deed

I and my father were partners in a partnership firm. We change the constitution and retired as partners from that firm starting 01.04.2018 and the remaining partners continued the business later on. As per terms of retirement in the partnership deed, an amount of Rs.45 lakh was to be given as a premium to both retiring partners in the ratio of 32:15 as me and my father held 32% & 15% in tha...

Termination/Resignation during pandemic

Hi...I work with this mnc who has asked the employees to resign during covid-19 pandemic and sign a contract with a subsidiary kind of company on 10% commission basis. They paid us salary till march but did not provide the salary slip. For April, we would get half salary and half will be released by Sep,is what they said. This is all verbal discussion. I have not resigned till now. I heard from...

Iam unnecessarily being harrassed.....

Sir, I applied to some work-from-home job advertisements in quikr.com. From there a person called me a number of times. I picked up the phone and told me that for some data entry work I can register with their firm, without any joining fee and assured me that after successful completion of the work with >90% accuracy they are going to pay me. The work was, 600 resumes - some 1 page, some 2 p...

How to stop the functioning & take out my capital from Private Limited Company.

We have 2 Private Limited Company both with same 2 share holders with 50:50 split and also both are Directors in both the company as well, My partner / other director is not doing any other work for past 2 years... I’m the only one that's bringing business & looking after entire operations, he only comes 1 hour in a week to sign cheques / he is doing a parallel business where he is involved ......

Dispute

Four of us got into a partnership 2 years back. Ever since it’s we started it’s been a bumpy ride. The other working partner stopped working a year ago and stopped showing up at work. We tried to sell the restaurant to someone, but the partners just don’t co-operate. I finally convinced them to sell the brand to someone, but they took their own sweet time to sign the affidavit required to trans...

Can I get experience?

Sir I am a teacher by proffession ,last yr after my completion of studies and pg and 2 yr diploma in teacher training ,I had joined a private school affliated to cbse in Delhi as assistant Teacher from 1 April,there I signed contract of 1yr in July and it's time period was from 23 may 2019 to 31 March 2020 but on 29 Feb 2020 without any strong reason they had given me a one month prior notice t...

Payment due

I run a small business ( advertising agency )in Bangalore ,most the my clients are real estate firm .I have multiple cases where my payment is due from. Very long time Case no 1 - an agency for whom we have worked and payment due is Rs 1 lakh when we said we will take legal action he repeatedly provokes us hey take legal action because he thinks with legal action i will be spending more than ...

Set up Ayurvedic cosmetics handmade business

Planning to start a business that sells handmade Ayurvedic oils and powders for skin care and hair care. This will be based out of Kerala and one of the founders is an Ayurvedic doctor BAMS, MD. We don’t have the financial backing to set up a manufacturing unit. We don’t plan to scale it either. The idea is to cater to small volumes and sell online. We will make the oils and powders at home thr...