I'm the director of Hankavalshier Food Products Private Limited. We were looking for a machinery for our business and we contacted Sakthi Automated Food Machine Company, Coimbatore for it. They sent us a video and a photo of the machine and a quotation - a performa invoice. There were no terms mentioned other than the price - even which I had asked them to revise and send. That didn't happen. I...
I am a Chartered Civil Engineer with 18 years in the Construction Industry.
I wish to start a Private REIT in India.
I have gone through the rules for forming an REIT as laid down by SEBI for the same.
Out of all the eligibility requirements in the list, I can comply with almost all of them except the following two.
1. Minimum Asset size of 500 Crores &
2. Raising Funds through an IPO.
...
I am female entrepreneur from kashmir who took a loan for starting an adventure tourism activity in kashmir in late 2013 under the seed capital scheme of Entrepreneurhip development institute.Total amount of loans was around 14 lacs including the subsidy of 5 lacs provided by Govt. There was no guarantor required as it was covered under CGTMSE. We started the adventure activity in summers of 20...
What is the legal compensation entitled to a retiring partner, who wants voluntarily to exit a partnership? The Partnership Law 1932 does not specifically address the compensation aspect and appears to addresses only the liability considerations for the exiting partner. So, I am assuming that it is based on some court rulings since the law came into effect in 1932, as there has not been any ame...
Loan is sanctioned from SBI.
we ran the company for 2 years and sold it to Current Owners.
ROC changed, Payments for loan done by current owners past 2 years. And company went to NPA.
collaterals are still not replaced by Bank as past 2 years bank made sure it did not change their papers to new ownership and kept on keeping conditions.
Now bank proceeded with SARFASI. Infact many times they...
I actually do not know my problem belong to which law...my name is sandhya and i took skin peeling session from Rejové clinic which is located in green park,Delhi. It was very bad experience for me and I shared this experience on their Facebook page than Dr. Priyanka (rejove clinic) called me and offered me dental services on behalf of that which I don’t wanted so I told her to return my money ...
Hello,
I am actually working on a product for a startup that decides the future of the company. We are three man team, one among which is CEO of the startup, myself as the core developer and other one takes care of outsourcing - documentations.
The CEO promised both of us will be granted ownership of the company, now when the relationship reached the agreements. He has given agreement th...
Sir,
My name is Anamitra. Mai saltlake, Kolkata m ek job consultancy organization m gya tha bank related job k liye. News paper m advertising dekha tha waha likha tha private bank m interview k through job provide krte hai.300/- registration fees. Mai office m gya interview diya fr WO log mujhse kaha ki mera bank job k liye Jada knowledge nehi hai,mujhe ek training Lena hoga aur fifteen days k...
Hi Sir/ Mam, I was in bad financial conditions and so too money from friends and they lended me totally 1,05,000 and they charged me 10% interest per month which is very high. I paid interest for 7 months. And then I paid them 60,000 and said I won't be able to pay them any money either as interest or principal at I am feeling have already paid them totally 1,30,000 Anna does not want to pay an...
15 days ago, a corel reseller came to our shop and see the licence of corel. Although we are using pirated version he started threatening from the same day. He give verbal warning to my father that within 7 days you have to purchase their product @70,000. For my father it was really shocking. Next day a lady called my father and start shouting at him. She treat my father as a criminal. Just bec...
My name is Raj Sharma and I joined one organisation on December 2012 and left them on June 2017 stating them few health issues. Also, they had very less business and I was working on same platform where my novice teammates were working. I had job insecurity. In the meantime, I got new opportunity with an immediate effect and I joined them.
Now I went back to my old employer for documentation...
Hello,
I am Aditya and have had been working in an organization as Business Analyst from past 5 years. During my tenure there, I used to work on enhancement and functionality testing of a Project Management tool which was used In-house for all internal employees.
From last 2 years I started working on creating a Project Management tool of my own. Since I'm not a developer so hired a devel...
Hello,
Me from Chennai along with my friend from Delhi (not met directly) are planning to host a website service for which ideally there is no revenue generation through any source. I will be responsible for all the contents and my partner will be responsible for the technical aspects such as website deigning, digital marketing, etc. The website is basically about sharing knowledge for the p...
I have got an offer from a private company. In the agreement they have written that during the firsth 3 months of training if I leave the job then I need to pay my training expenses + (number of months * salary per month). After that if I leave during probation period i.e next 6 months then I need to pay 12*probation period salary. After that if I resign without giving 6 months' notice then I n...
Dear all,
Due to some reasons i'm not using my company name. I'll mention XYZ on behalf of my company name. We are based in Chennai, Tamil Nadu.
We run a business in Chennai for almost 6 years. Its a IT training services. Me and my friend runs the business. Initially we got advised to go with "Partnership Firm" registration as we are not fully understand /prepared for "Pvt Ltd" registrati...
My friend has availed a cash credit from a nationalised bank , under start up india scheme.
She availed loan to start manufactoring of garments.
It has been six month now and availed funds for the purpose of business but not for the same purpose mentioned at time of availing loan.
But due to market trends she transacted in cash.
She has not been sble to pay emi since 4 months but recently...
Hello all,
Good Evening!
Before a month our company has shutdown our process and out sourced it due to the cost efficiency reasons and we were forced to relive from the organisation immediately but they haven't provide us with the Two month salary as a compensation.
When I enquired regarding this to our organisation, I didn't get any proper response from them and later they have provid...
I have joined an IT organization but due to some personal issues I am not looking forward to work with this company any more and instead of getting abscond, I want to go through proper resignation. My query is can they ask me to serve full notice period or I can leave by paying the required amount in full and leave in couple of days.Below is their policy.
"Your employment with the Company can ...
I am an Indian student in France (I have spent less than 180 days in India since January 2016). I will continue to be a student in Europe till 2018 September.
My objective is to register a fully digital and online functioning company which will have individual students from different countries as clients. The company would earn revenue by performing online consulting for these individual clien...
We may hardly get 5-10 lakh/annum from our recruitment services to client. but the below paragraph says, if there is breach then we have to pay 5 crore. Should i sign this legal agreement?
We know this is not possible, but can we have this in our agreement? As this clause may take all our hard earnings of 10-15 years in 1 short.
limitations on liability.
except for damages or losses ar...