Legal questions on Business Law

Objection under sec 12 (1b) of sebi act

I have taken up land on Lease for 20 years. Have built a farm with shelters for rearing pigs and also built a fish pond. as both the fishery and piggery business go hand in hand (supplement each other). Project cost having escalled up, I am not in a position to buy piglets nor provide for their food supplies and so have approached known people to invest in my project. With the present infrastr...

About karbonn company not doing properly warranty service

This is Azeem Sheikh residing in mumbai..i bought a mobile hand set(smart phone) karbonn titanium octane plus worth rs.9490 INR.through flipkart online purchasing from the shop "hitech communication 1891 hal 3rd stage 8th cross opp. Ramdev new thippasandra banglore -75"with 1 year warranty on 25 april2015. Problem is that my phone got a charging issue on 13 april2016.my phone battery was charg...

Commodity and Equity trading loss due to connectivity

Hello All, I am an investor in commodity and equity trading. Last week there was a connectivity issue at my broker. I made some transaction that day and wanted to place order to book profit., trading company's server malfunctioned and my trade went into loss. I made my full effort- check everything was fine at my end, called local branch office 3 times to place order but this was of no u...

Not getting salary of last two month

Hi All, I am working in the IT company, I have recently changed my job. But I have the issue of salary with my prior company. Let me brief of that, I have bond with one and half year. This bond was on the company latter pad only. I was not satisfied with that job so I have decided to leave job. In that case I have fulfill all the condition related to bond breaking. I have already paid my ...

Closure of Franchsie agreement

We had entered into a Franchise business with a company under proper franchise agreements but subsequent to all payments from our side, the company started to show its colour i.e it inordinately delayed the supply of material initially and going froward it did not adhere to not one sigle agreed term of the agreement, consequently we started to run into negative. Same was the case with all the o...

Name infringment dispute

I worked for a company DUTImes.com where i was takes as a core member. I made the company what it became like known to people. Then I myself started with the print edition of DUTimes. Then this guy who intially had the DUTimes.com started to play cunning and came up saying he is the "owner" we all were shocked. We made another website called dutimes.co.in after that we decided to change the nam...

Harassment by Manager

Hi, This is in regards to mt Job in ATS services...all was going good, suddenly I was asked to leave. When I ask for reason...first they says that cline/customer is not happy with my work and so they have asked me to terminate....when I asked them to show me a proof, where and when customer has asked to terminate me...they says that they(manager) cannot show me the e-mail...few days later I ...

E-commerce website

Hi, I would like to know legal mandatory regarding business requirement.. I'm going to start e-commerce website, online shopping website where sellers from across india can create there stores for multiple categories like Food, Fashion, Electronic, Home Need products. All these sellers will be local to their respective location buyers and most of them will be small/medium size business...

Appraisal credited without being agreed upon

Dear sir., I'm an orphan who is working in a Tech support company. The scenario: They credited my appraisal money along with my salary. I was under the impression that in any normal company they call for a one on one meeting, where performance is discussed after an appraisal amount of some sort is agreed upon and that off course is ok with both parties. In my case however is somethi...

Regarding insurance coverage

We are executing one turnkey project for ONGC , wherein we have to deliver material at their NHAVA base at Mumbai from there ONGC will take the material to the respective off shore RIG . Once the material reaches to their RIG our job is to install & commission these supplied systems . ONGC wants us to insure the material supplied to them till installation & commissioning activity is complet...

Experience & releiving lettet

I worked with Lucknow based company Encardio Rite as I&M Engineer in Delhi Branch office 3.5 years from 1 Nov. 2011 to 31 May 2015. For giving my Experience and Relieving letter company want Rs.8000/- from me against serving short notice. However I served my 3 month notice period from 1 March 2015 to 31 May 2015. But during these 3 month notice period i took 28 days leave. 5 days leave in ...

Regarding notice period.

Hello, I am employed with the company for past 2 yrs. I have only received offer letter from the company and not the appointment letter. We have asked company about the letter but haven't received one. Now the main prob starts here. In my offer letter there is a clause as under "Your employment will have a probation of 3 months from the date of joining. If your employment was terminated af...

Advice on partnership contract

Hello, I Person 'A" is planning to do partnership for the period of 5 years with Person B with following terms and conditions: (1) Person "A" will give 5 lakh to Person "B" to invest in XYZ business for the period of 5 years. (2) Person A will give fixed profit of 15000 PM for 1st year for the 1st year. This 15000 will be incresed to 17000 in 2nd year, 19000 in 3rd year , 21000 in 4th ...

What is the position of the owner in a Hire Purchase Agreement ?

1. If the Hirer has altered the condition of the vehicle, say removed a portion of the vehicle that alters its original use and purpose and thereby making it less valuable, if the owner then repossess the vehicle and sells it in the open market, how does the owner recover the loss (loss in the value of the goods, caused ? 2. If the hirer has not paid the dues although its towards the end (25/3...

Seling electronic cigarette and accessories in maharashtra

I am running a online store wbsite and selling electronic cigarette and it's refillable liquid Liquids contain pg vg and food flavours like coffee, Apple, strawberry, graps chocolate etc.. Note - there is no tar & tobacco and In some liquids made for smokers has nicotine level up-to from 3mg to 1.8mg I get orders from pan india but some news says this items is illegal to sale in mahar...

How to establish company in India

Dears, Sirs, I’m Inese Mikelsone, Attorney at Law in Riga, Latvia (Europe). My clients plat to start business in India, so I'm looking for legal support in India. MY client is interested to make financial investment in India, he needs to open some companies in Delhi (or Mumbai) and he needs some legal support. For start we have few question: - Is it possible form the citizen of Latv...

Is it necessary to serve notice period as stated by the employer?

I am working as a Content Writer in Calicut and the head office of my company is in London, UK. My employer has made the following terms and conditions of employment: "Permanent Staff who wish to terminate their employment with the Company are expected to give 4 month notice period; or in times of conflict in accordance with Section 4 of the Minimum Notice and Terms of Employment Act, 1973. No...

So what shall we do to Exit this Company?

Me and some of Colleagues,we came from a very Distance State as we got a job here and we have been working on this B.P.O company for the past 4 months and still continuing it but the Major issue arising within us and other employee's is that the Organisation are not paying us the due Salary on time according to their resolution,sometimes they are even pending for two months and more,at the same...

Frude done by bm

Sir i am having distributoership of one company .due to some reason we had stoped business with them .for settlement of my account we had agreed to transfer the goods to new distributor appointed in place of us in june 2013,after it we closed our business with them. in june same branch manager came and requested to resume business.we also agreed to resume the same.then branch manger requested ...

Due Settlement on Absconding from work

Hello, My query is regarding a situation of a Private Ltd. Company asking an absconding employee for settlement of Dues. In my case I Joined this company .. went to office for four - five days.. went on a pre-planned leave for about 12 days.. then resigned on account of my mothers medical condition... Shared my mothers Medical Certificates too with the employer. I was asked to join back a...