Legal questions on Business Law

Insurance commission

I was working with my employer who needed monthly income on investment. There was an old acquaintance who use to advise my employer about the latest mutual fund investments etc. namely (Mr.Gajender Singh ) So one day Gajender Singh told me that there is an insurance compnay by the name of ING Vysaya / Exide Life Insurance which provides monthly return of 13% on investment. So I told to my emp...

Re-appealing to consumer forum

We had gone through an agreement with a promoter, for making a G+2 building in our property area with the 40% of sanctioned building as our share and 60% being his share. We gave him the power of attorney to build the construction with his own expense and make several flats and sell to the people. Further he made another floor on top of it with no sanction plan and sold it . So currently the b...

can i submit case in consumer court

Hello Sir I am Anil kumar residing in Amb, Distt. Una HP.after reading one advertisement in news paper i contacted Mr. Maninder Singh Sodhi the Manager Of Sodhi Trading Company Ambala Cantt. Pb.They assured to set up a Plastic Molding small scale industry at my residence Amb, Distt. Una,in lieu they charged 1,10,000(One Lac ten Thousand Rupees) for two hand molding machine. They sent me Two ha...

Legality of Crowd Funding?

Dear Sir, Crowdfunding is solicitation of funds (small amount) from multiple investors through a web-based platform or social networking site for a specific project, business venture or social cause. Crowd-funding can be divided into four categories: donation crowdfunding, reward crowdfunding, peer-to-peer lending and equity crowdfunding. Reward crowdfunding refers to solicitation of funds,...

Mental Harrasment in Training Institute and un ethical behaviour

Hi, Can you please give me some legal advice on following issue. Issue: My wife and 4 of my relatives joined a fashion designing training institute in Bangalore. Course duration is 3 months with list of topics mentioned in it. After 2 months of our course now a new employee joined as HOD in this institute, she started putting mental torture on all the students. She doesn't allow students ask...

Snapdeal nor supplying product neither refunding my money

I had ordered Lenovo tab to snapdeal why their website. I received a product thru courier. I paid its COD amount 10999/- . Tab worked ok initially but it stopped working on second day itself. when contacted snapdeal they arranged for return of tab thru same courier and returned product. I also got mail from snapdeal saying that they are arranging to send a new replacement of same tab. Bu...

Non Disclosure agreement, Non Compete Agreement

Dear Sir/s, I am in the process to start a new venture which will be an online media network, for the same I will need some technical support from a software/website development company who would develop our website/software and our mobile apps. The said software development company has its H.O. in India and branch offices in UK and USA. i wanted to enter into an NDA and Non compete agreement ...

Dispute among directors in a private limited company

Hi Sir/Madam, There are total 4 directors in my private limited company doing business through Govt. Tenders - Myself, My Wife, My friend and his wife having equal share capital. Me and my friend were the only active partners since beginning to running the business. Now for the last 2 years, my friend was actively involve in politics and therefor neglected work. Now he has joined a company as ...

Fradulent behaviour from the section of the authority

I am an assistant teacher in profession in a high school. There are only 2 life science teachers in day section., me and other one.In the session 2014-15, the authority make a routine for the teaches where classes are distributed unequally. First,they give me 21 classes/week and to other teacher only 4/week.After my protest they give me 22 classes/ week and to the other teacher 14/week out of w...

About Snapdeal

Hi, I was looking to buy a DSLR Camera, Nikon D5300 to be particular, and I used to check the prices on-line regularly. On Nov-29th 2014, I saw a deal on Snapdeal, Nikon D5300 DSLR for INR-11800/- only. This model usually costs around 44000 and above(with different combinations of lenses.). I ordered for it immediately in one of my friends Bangalore address(Cash on Delivery). First they said i...

Non Renewal of Monster recruiter id

Hi. I have taken a monster recruiter login id with an intent to start recruitment service. We agreed upon an annual package in which the payment had to be made every quarter. We continued for 2 quarters renewing our services, in time, hoping to get some clients & being able to sustain. However we were not able to find any clients to start our recruitment consultancy and hence cannot go further....

Address change issue with a insurance policy company

Hi Sir, Although I have a very simple problem but I have been stuck in it for a month. I have an insurance policy with a insurance company.In the year 2013 when I moved to a new place(from New delhi to Noida)I made a change in address online through website by logging into my account and filling the online form for address change and attaching the address proof and I was given a ticket number...

Need help in fixing consulting fees?

I am setting up a gym. A close relative who is from gym industry who has a good reputation in his field is helping me out to set the gym. He has done all the process like finding a good property to rent out, now working on getting up the equipment, interior, flooring, advertising etc and all. He has kept his team for my project. After the gym is set he will give his management to me and his bra...

Is Binary Options trading illegal in India?

Hello. My question is : Forex trading of currency pairs not involving INR is illegal in India, but is Binary Options trading illegal in India? Difference between Forex trading and Binary options Forex : When trading Forex you are speculating that the value of one currency will increase or decrease compared to another, in an attempt to make a profit. For example: The current price of E...

About The customer did not return defective goods and demand paym

I am waiting for your email. I hope that you will give me advice. First question: As per Civil law defective Insert by the customer must be returned to the supplier, how many times? ( Material Name : Carbide Insert) __________________________________________________________________ Second question : The customer does not return the defective Insert as per law remind by the supplier s...

Blackmailing

Dear Sir, I am amarnath, working as a freelance developer, Couple of months back (May -2014) I hosted a web site for my own, one of my cousin brother, introduced his collogue and requested me to provide my source code to him for his survival - because of his termination from a company, I agreed to develop a new template design with my source code and he committed to give me a 50% share in ...

Packers and Movers, Damaged and missing items.

I had hired Agarwal Express Logistics Pvt. Ltd. for my luggage transfer from Noida to Bangalore, for this their Marketing person assured me of best service and utmost care in transferring my luggage. I paid them Rs 51,973/- additional tips of Rs 600/- in Noida and 500/- in Bangalore which their labors demanded. In-spite of their assurance many of my equipment were damaged and 4 of the items are...

Legal rights of Partner of Unregistered Partnership Company

Hi, I request you to kindly help in the situation explained below - A (Me) and B started an unregistered partnership firm(Firm) wayback in 1994 and are equal partners in the firm. Firm owns a building which is rented to a limited Company(Company). Company exists since 1998. Both A and B were promoter directors of the Company till 2011, after which A has resigned from board and there ...

Domestic Consumer Market

I would like to start a very small scale business by sale of packaged powdered spice mix under a sole propreitorship. What are the legal pre-requisites involved in the states of Maharashtra{Mumbai} and Tamil Nadu{Chennai}? I would also like to ensure the name of the brand cannot be copied and want exclusive rights to the product name. I want to register the trademark name of my brand. What is...

Shopping Website Mistransaction

Sir, An Item had been purchased online from a shopping website which was returned after it was found dirty. The money which the shopping site was supposed to return has to be sent in some bank account. This had been a mistake on the buyer's part that the account number where money transaction was processed was typed wrong but the name of the owner of the account was correct. The money to be ...