Legal questions on Business Law

My father owns a shop. He along with his friend was interested for business of Retail store for Selling women's ethnic wear. So his friend and I, his son started a Partnership firm with Registered partnership deed. Both partners had 50% share and the deed included all the standard Partnership deed clauses. My father also put the property on mortgage so that our partnership firm can have a loan...

My father was transferred from parent company to a group company in the logistics sector. He only received the transfer letter and was assured of all benefits including stock options as mentioned by the parent company. Although the transfer letter mentioned enclosure of new Employment Letter to be issued by Logistics company but was never issued. After few years the Logistics company terminated...

Hello, i am working in it sector bangalore. I was working in ia mnc but after 5 months of my joining I got better offer and I resigned from my current company but my newer company was not ready to wait for 3 months notice period even after I had put a note to them that I don't want to take a 5 months gap of my carrier by absconding. Still they were not ready to wait they told further they wi...

We are service providers and have done MOU with an Institute regarding organizing some events during their annual fest. Few events were free from our side and few were paid according to MOU done. The MOU says that it can only be cancelled if company fails to conduct event or get bad reviews from participants. The events were fabulous and we got 100% positive feedback from students. But during o...

Hi, i have a small company in Hyderabad. One person met me saying that he can connect a good IT projects if I can invest small amount of money rest can be payable based in monthly billing once i receive the payments from US clients, by trusting him i have transferred 7+1Lacs(7 lacs to Calcutta based company and 1Lac for this personnel account, after 1 month we came to know that they just use...

Good evening sir,.. My name is pramila from Bangalore. Me and my husband cheated by country vacations Company.. they told us they ll provide​ membership card valid for 30 years , we can stay in their property all over India and worldwide for 1 week per year. and many more promises like we can play games over there without any extra charges. We can resale the membership card for the same or hi...

Hello, I was working at Call it Spring store under major brands at mall of India, Noida. I had resigned on 04/05/2017 and serve my one month notice period till 05/06/2017. As per company policy my FNF have to release after 45 days but due to my attendance regulations I was not get it on time. So,I contacted to HR he said that you need to prepare a excel sheet and mention your all days availabil...

Hi, I had my ecs signing done on the document for my icici bank although while providing cheques i provided three cheques of icici and two cheques for kotak. I had got three transactions processed from my icici account and two were processed from my kotak account for which i thought my next transaction will be from kotak so i kept the funds in kotak instead of icici. Later They tried to take ...

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...