Legal questions on Business Law

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...

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 ...

420 case

My brother was running a IT comapany in mohali from past 1 year and now he ran away. let me describe the case in breif:- he started the company in feb 2015 and closed (ran away) on 29 feb 2016. He had an 1 year contract with the building owner. he had paid 2 months security money to the owner. the contract was for 1 year i.e till Jan 2016. He paid his rent till dec 2015. He didn't pay the ren...

Share holding

Hi... I have started business in partnership with my friends, We are total number of directors as 3, I was doing job firstly with one of the reputed company, then this two friends approch me and asked if I am interested of doing business together and said you will be taken on board of director with there existing pvt ltd firm (pvt ltd was incorporated in 2011, with two director) The pvt ltd...

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...

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...

Actions against an Indifferent designated partner in an LLP.

A resolution duly adopted in accordance with the procedure set forth in the LLP agreement a little over a year ago, by both of the designated partners (A & B) of an LLP. Where, as per the LLP agreement, a decision taken in a meeting is binding on the LLP. Moreover, a few of the items successfully executed as resolved as per said resolution even after the actual time of execution scheduled, ...

Non Payment of Full & Final Dues

CASE HISTORY : Non Payment of Full & Final Dues pertaining to 1 month salary, Bonus & Leave Encashment. Location of Posting: Bhubaneswar STATE- Odisha Head Office: Kolkata Name of Company working for: Propello Innovations Pvt. Ltd Nature of Business:Marketing & Service of Consumer Durable Product Duration of Employment: 12th Sept.2013 to 26th Aug 2014 Date of Resignation: 26t...

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...

Customer Asking for a Rework or Refund the advance payment

Dear Sir, I am a software developer firm based in Mumbai and one of our client in Ratlam.(MP) We had a contract to develop a software a 5 months ago. My client have paid me advance payment less then 30% of 100%. I have raise a Sales Order and was courier and need to be sign but my client refuse on that till time and pursue me to go ahead and assure for oral safety. I had complete all o...

HR Irregularities

HR Dept. Irregularities Hi, I am working at a web development company in Kolkata for the past 4 years and 7 months. But, we (the employees) do not get salary slips every month. I personally asked for salary slips two months ago (i.e. in Dec, 2015), but I have not received a single copy of a salary slip as of now (Feb, 2016). When I asked for the salary slip, I was told that they would giv...

Does the termination from employment as acontractorharmsourcareer

Hi This is banupriya. I would like to put a query infront of you experts to suggest and guide with your support. I have worked for an MNC company as IT support analyst hired through contract company as a contractor and getting paid by the same.When it was going bit fine unfortunately I have got terminated marking under disciplinary action saying that it is because of uninformed leaves wh...

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...

Legal openion

BRIEF OF THE CASE I was working as the CEO for a company ~ a joint venture between an Indian partner and Canadaian company The Joint Venture was dissolved by the mutual concent of the JV partners and Canadian partner bought out the equity of other JV partner. I continued to operate as the CEO of the company, which was now a fully owned subsidiary of Canadian group All the Director...

Fraud Case

Dear Sir, This is Mohan Goenka from Kolkata, I was working in a corporate industry (Engaged in the manufacture & import of Online UPS & Ups Batteries) as an Business Development Manager, Currently I have opened my new Firm in a partnership (Engaged in the same as above), I left with my job on November 2015 and asked for a salary & clearance of my A/C but didn't get any response & even they u...

Dishonour of Terms of employment by the employer

Hello, I used to work with a software company. I was on the verge of quitting my job, therefore I wrote various competitive exams and got through in one. It was a very crucial decision, I got the opportunity for higher studies in one of the prestigious institutions in India. Thus, I quit my job over it. As per the terms of employment, I have to either serve a 90 day notice period or pay up 3...

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...