Legal questions on Business Law

My father is passing down my grand father Business to his sibling

My Grand father has a business which is related to farming and housing boar pipes/engines. My grandfather worked in that business for 15 years, After my father finished his studies he joined his dad worked together for 5 years. they got dealer ships when he was there. My grandfather written a,, 3 sons name on it, after my grand father died my dad took over he did business by himself and paid hi...

Unauthorized Futures trading, misappropriation of clients funds

Hi, 'M writing this on behalf of my father. I have been cash trading in DBFS Securities limited since July 2011 in Bhadravati and it was going well until recently. My account was transferred to Bangalore branch as the DBFS office in Bhadravathi was permanently closed. Harish Kumar M, a Branch Manager in DBFS took control of my account. After that, I also opened another account in my wife's na...

Two party aggrement

I have purchased some ayurvedic products from a local steet based ayurvedic shop ,since I much concisious about the issue,the ayurvedic supplier has took the advantage and started to loot me by asking some money in return some ayurvedic procts which immediately shown the effect after using it, after some days he again told we have to take this ayurvedic jadi booti then u will be normalised but ...

Can offer letter and appointment letter be treated as same?

Dear Sir, I had joined a company as senior developer 3 months back. On joining I had signed the offer letter that was previously send to me via email. While joining I found the company in ground floor of a residential building. There were no sign boards too. I didn't got any appointment or joining letter even after verbally requesting. After many verbal request we were provided the same copy o...

Car insurance

I purchased a car, Hyundai i20 on last December 2016. My car was flooded in in flood 21 August 2007 at Mohali. Car is insured by Bharti AXA. We have taken the car to the service center. Initially service station said that car cannot be repaired and it should be considered as total lost. But insurance company didn't agree on that and asked service center to repair the car. Now it's been around 2...

False cheque bounce

My brother has borrowed some money from a financier.it was about 1 lakh 60 thousand and 70 thousand from his wife.financer belongs to a political party.my brother gave a cheque as a security.my brother continues to pay interest from a long time.but failed to pay the interest for some time.financer son is a powerful and has criminal records.his son n they both keep us mental torcher by calling u...

Can Event Booking form be consider as a proper binding Contract

I order to attend a technical event, I had requested to book a seat for me. I also asked for payments details. But they were expecting GST number from me, who is an individual. Since time elapsed, and I was not able to provide payment, their early bird offer date also passed away. So I did not plan for the event. Now just before the event they are saying that the booking form that i filled...

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...