I have been working with a startup for sometime. Now I have an offer from a competing company which I'm inclined to accept.
I've had a chat with the founder of my current startup, and he is saying I won't be able to join the company as I had signed a non-compete, and if I do, legal action will be taken against me. According to this non-compete, I won't be able to be employed with or be engaged...
Back in 2010 I've started a private limited company after resigning from my job. I've invested almost all the start up expenses out of my pocket and by means of loans and by pledging gold etc. At that point of time my family wanted my younger brother to join me in this venture as they were worried about his unstable jobs and make him a mature are responsible person and in some other matters. As...
I am already working in a psu and want to join an other psu ( for which I have been selected for the post of executive ) but I have not told about the work experience of previous psu in the interview of second psu also I didn't take permission for interview from first psu now I have to join the new company as soon as possible but I do not want to resign from first company for some days ( I want...
I came across a manufacturer via indimart.com he is based at Delhi and I'm from Bareilly, uttar pradesh. We made a deal for 500 ltr BMC costing 140000rs and I paid him 15000rs as token to start his work. In the whole conversation he keeps telling me that that he has a workshop at samay pur badli and asked me that he will take me there before starting work as he isn't well and can't travel to hi...
Dear Sir,
In one of my contract case independent Arbitrator was appointed by High Court. Award was passed by the Arbitrator in 2004 in my favour. The opposite party union of India accepted the award and also paid the awarded amount with interest within one month without any objection at the the time of payment. However as an after thought opposite party filed objection/petition under section ...
Dear Sir, I am running a business in Spain using an internet site and a back office that I outsource to a company in New Dehly the scope of work was clear and to be deliver according to a paid amount and calendar. The company did not respect the calendar which was to be deliver in October 2015 arguing they underestimated the work . I accepted in April 2016 to put more money according to some co...
I have seen varied responses in this forum. My question arises due to the following observations and facts:
1. Durex sells vibrating penis rings through pharmacies and health and glow units in retail in India which are sex toys. They even classify them as vibrators on their website:
http://www.durexindia.com/products/vibrators/
All these are manufactured in china and imported by Reckitt ...
Hi, I am Rituraj from Mumbai. I am in need of some legal advice. I want to do Binary Option Trading in a foreign market legally from India. Now i have gone through the FEMA 1999 Act and found out it is not legal for INDIVIDUALS as currency exchange is prohibited for forex trading purposes. But recently i came across an article where it mentioned that to do forex or Binary trading legally from I...
Dear Sir, Good afternoon.
we are looking your guidance in below promotional plan, please consider all legal issues and advice us best, is it legal? or anything?
We are a Pvt Ltd firm registered in Madhya Pradesh, India have a plan to sell our product LED TV in a Draw scheme. in this scheme total customer or member will be 3000 and prizes for that member also 3000.
and scheme will run on dr...
This is to highlight malpractices that were recently observed from your account. The nature of these is as follows:-
a. Creation of multiple customer accounts by the merchant and merchant posing as a customer by ordering products from their own account leading to cash back fraud
b. Merchant ordering products for customers leading to cash back fraud
c. Sales to a Fake/Suspicious customer for ...
Dear sir,
I took an agriculture gold loan rs.130000/_from sbt adimali idukki,in 2012,for doing agriculture and I paid all amount before due date. I renewed the loan for rs.121000 for one more year, as my crops harvest was bad. In 2014 I closed the loan and now I have no loan with them.
Now the bank has called my wife and threatened to pay Rs.5849 else they will go for revenue recovery for c...
I work in a IT firm in Bangalore. I am in deputation with a reputated firm in bangalore. I am working in a project where I am working independently. I am a technical writer. I was asked to do R&D on a Freeware tool. I analyzed it and put all my efforts. But later, after few weeks my senior colleague, who was guiding me started torturing me. Every now and then he use to ping me in commutator and...
I got a call stating that I have been selected through lucky draw so I’m entitle to a free kitchen set, gift voucher of Rs 25,000/- etc. Next day (05 July 2016) me and wife visited their office (address mentioned above), we had been taken through a season explaining their membership plan and we were promised few benefits which seems to be very interesting, So we made a down payment of 100,000/-...
Dear Sir, I would like to inform you that my 6 lacs payment is struck with pvt Ltd firm at Bangalore, which I have earned during my 20 years of service including PF amount. I am looking for your help in this regard.
I am Channel Partner at Lucknow location, company business is mobile apps downloading at different location through channel partner like me, we have to create invoice with 45 days...
Dear Learned Members,
As a trade creditor, our company wants to file a Winding Up Petition against our client company(debtor) who owes us Rs. 47 Lacs for the supply of goods to them. We have tried to contact them (directors) but they are not responding and so far we have not yet send any written demand notice to them.
Further the factories have been seized by their financial creditor(ban...
Hi,
I was working in a reputed s/w company and I resigned of my duties an year ago. During my employment I was under an employment bond which stated that I have to work with the company for a period of 2 years, breaching of which I will be liable to pay 1lakh INR as loss recovery. I worked in company for 1 year and 3 months before resigning. I was told by my peers that the HR team might or m...
Query: Recently, I contacted a recruitment company to hire candidates in my office. They sent a few candidates for interview. After conducting the interview with one candidate, I gave her feedback to consultancy that candidate is good but we want to negotiate in salary. The consultancy later informed that candidate will not negotiate. So, the matter was closed. No further discussion with anyone...
I had taken personal loan of amount Rs.280000/- from HDFC bank in 2010. EMI amount was Rs.10000/-. I paid 18 EMI, after that it got NPA for more than 3yrs. I took this when I was working with kotak mahindra bank to start my own business. During the business my truck was theft and some odd happens in partnership and we had to close the business. I went bankrupt. At that time I had withdrew PF fo...
Dear Sirs,
My name is Karim, I'm the owner of Russian company.
I want to:
- export fly ash from Indian supplier to customers in Asia;
- resell fly ash from Indian supplier to Indian customers.
Please give me an advice on how to establish this business.
RE: Exporting of fly ash from Indian supplier to customers in Asia
1. Legal jurisdiction.
Do I have to setup a subsidiary in India, jo...
Dear Sirs,
I've been reading the latest FDI Circular & Press Note 5
(dated 07 June & 24 June respectively)
However, I have some queries regarding the section below:
5.2.5 Manufacturing: Subject to the provisions of the FDI policy, foreign investment in ‘manufacturing’ sector is under automatic route. Further, a manufacturer is permitted to sell its products manufactured in India thro...