Legal questions on Business Law

Denial of tc

Hi, I'm Deepa. My daughter studied in Vibgyorhigh, balewadi, pune. I had to change the school as I shifted my house. During the summer vacation I was in Chennai and went to few more places to visit my family and relatives. At some places I had network issues and was unable to receive the mail sent by the school. It stated that I need to pay the annual and first term fees or I need to inform the...

Against the Employer

Dear sir, I would like to have your legal advice in the matter that I am facing now. Sir, I have worked for an organization for three years, and it was a harrasing period for me. I have even attempted to resign but the MD has convinced me with the promise of hike in salary. However, nothing was done in this regard. Even, I have inquired a lot times, for the same, even I was recievin...

How much time department can take to implement sc order.

Dear Sir, I filled a civil appeal in supreme court and got judgement in favour but there is no time limit is set by honourable court on department to implement the below said order. Any legal advice so that order can be implemented as earliest. The order is as follows:- ''We have heard learned counsel for the appellants/petitioners and we have also heard learned Additional Solicitor Gene...

Payment & Deliveries

Sir/Madam I am a prop of small software company which engage is a website development contract with one Businessman. The Firm Owner did not issued any work order and randomly started increasing the scope of work without freezing cost of the development . The relation started becoming worse with time and this month he even went on abusing me verbally and loudly in my office and asked me to cl...

Closure of Proprietor Business

Dear Sir/Madam I opened a startup company in 2015 as sole proprietor in Kolkata and for that I applied and got trade license/Shop & enlistment certificate for 2015-16 where the address given is home address, In the year 2016-17 for renewal they asked for professional tax certificate,without that they are not willing to issue trade license for that year. I got P.Tax certificate but in the mean ...

Consumer law for refund for faulty brand new bike

I bought a UM RENEGADE SPORTS bike worth around 2lac from SILICON CITY UM Bangalore and it was delivered to me with torn back seat paddle and torn/damaged brand name logo stickers on the fuel tank and showroom and service team promised to change during first service because they did not have a stock of it, it was unpleasant for me to get bike delivered. After 3 or 4 days i noticed oil leakage ...

Succession Certificate (SC) and bank procedure

Our mother died last sept. she had FD's in SBI which after adding interest have now gone abv Rs. 10 lacs in value. she had not kept any nominee in any of them. . . . i approached the bank few days back for starting the claim procedure. the bank official gave me the formats to make notarised copies to settle the claim. in these docs was 1 indemnity bond where we assure, guarantee the bank agains...

Unauthorized activity by Stock Broker in my account

I was contacted by stock broker employee in end of 2015 saying he is Business Relation manager(BRM) for my account and said he will create value if I deposit 2lakh rupees with 3 year locking period with their stock broking firm in return they provide expert guidance to make money with a dedicated BRM and an executive who will work with their strategist team and will trade on Demat account with ...

Online Fraud in Share Market investment.

I have been lured by a person, who claimed himself to be 'Share Market Expert', to invest an amount of 1.5 lakh INR in Share Bazaar. I shared credential of my Demat account so that he could trade on my behalf. Trading went for a month and he made the money ZERO! He apologised and gave some reasons and asked me to invest further 15k to mitigate the loss and promised to convert this amount to 6...

Definition of amount and full liability

In Section 13(2) of Sarfaesi Act The word has written" Discharge in full his liabilities" I think it means to pay all the principal and Interest which is payable up to last EMI.Am I i it correct ? In Section 31 ( J ) writes " amount due" I have gone through Business Dictionary and other dictionary to find the meaning of " Amount Due" the answers were as under 1. Owed at present. It is o...

Wrong Recharge and Denying Responsibility .

I did a Internet recharge of rs. 333 on my BSNl No. 3 months ago in May through Freecharge. I confirmed the recharge value and benefits with the Operator of the BSNL. I then recharged through the Freecharge and chose the Plan from their provided Plan List. In their Plan List the 333 rs. Internet recharge was available, So I did the recharge. But What I received was Top Up. Which I did not know ...

Dispute in partnership

My friend was about to run a business with his own firm and he invited me to be the part of business by giving me 50% stake in firm as well as profit and liabilities in lieu of some amount as investment and i invested in his and new firm came to known as LMN firm.My partner was 1st part partner and i was second. He intended to buy running franchisee based restaurant from the owner of that franc...

Retirement deed safeguards

Partner A and Partner B started a partnership with equal working capital in January 2014. Then Partner B could not bring more funds and Partner A had to step in and contributed 95% of the capital by 2017. Partner A was sleeping partner (not mentioned in deed, just understood). However, Partner A found that the firm was making profits which were not being disclosed by Partner B. So Partner A dec...

Directors dispute.

Me and my father are directors of a pvt ltd company holding 51.5% of shares. There are other two directors holding 48.5 % shares divided into their family members and friends of 8 no of shareholders. Due to crisis in business and dispute our became npa and thereafter we made an legal agreement of settlement as 2/3 outstanding payment ro bank will be done by me and my father and the remaining wi...

Is the dealership transferable?

I come from a state of matrilineal society. Sons do not have a claim over family property, even the self acquired property during his bachelorship. Property always belongs to the mother of the house. In this instant case my late father was an agent of a retail dealer in petroleum products and my father set up the retail outlet in his land. My father before he expired made a deed of partnership ...

Unfair Educational/Service Practices by US Agency

Dear Sir, As a PG Student based out of Noida Can i get your valuable advice on the following case. 1. There is a US based non profit Organization offering several Certificate course worldwide across several countries since for last several years. 2. Therefore large number of Indian also goes through these certification Programme every year. 3. As per rough estimate/ data available for last...

Full and final salary

Dear sir I have been working in retail and it's a since 9month. Before a month whether happy with performance or some internal politics I was taken out by my senior sudden death by doing audit. I have a shortage of 12k so which I was responsible. But I told them to deduct my shortage percentage and please enjoy your do my full and final because I'm only source of income of my family and I have ...

Advance payment

Dear All, I am working in a small scale industry as a purchase dept head. Last month we have been paid Rs. 3.3 laks ( 40 %) by cheque against proforma invoice to our vendor for supplying wire mesh pallets. 5 days after they raised query about surity of their remain 60% payment after supply,since they already agreed for 30 days. But suddenly he demand us to pay entire amount to him ,as he sai...

Legal advice for solicting my Employees by my ex- employee

I have entered below non Solicitation clause with my employee when my employee joined the company. Now after resignation from my company, the employee has opened a business similar to my Company, but not with my customers. The business is registered as corporate and the Directors are my employees family members and not himself. My employee is a employee in such company. The employee is soli...

ICICI Bank Personal Loan - Pre-Closing!!!

Hi, I have taken a Personal Loan from ICICI Bank Hyderabad - Details are as below - Date of Loan Execution: 1st April 2016. Principal Amount of the Facility: Rs. 11,00,000.00 Tenure: 60 Months Rate of Interest: 12.99% Product Type: Personal Loan 1st Installment Date: 5th May 2016 Installment Amount: Rs. 25,023.00 Principal Outstanding as of 6th June 2017: Rs. 9,02,893.50 When...