Legal questions on Business Law

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...

I have incorporated an (OPC) Private Limited company on 30th of June 2016. What I intend to do through my company is - Crowdfunding. Crowdfunding has various models. Ours is Donation Based crowdfunding.You can refer to the pdf attached (SEBI Consultation paper on crowdfunding) to know more in detail. What happens in a typical crowdfunding platform is - People who are planning to do someth...

We have an agreement as a private hotel operations contractor and a government property - hotel that we have been running for 21 years. They had made typographical errors in the agreement showing contract till 2018 with payment schedule which we were following and making payments however they are saying contract is till 2016 and removed us from property without any notice - matter is pending in...

I have done a transaction where i had booked a movie ticket with BookMyShow of 366.00Rs on 19/06/2016. The amount was deducted from my CitiBank account but the ticket was cancelled due to internet issue the same day i called BookMyShow and asked for refund they said they will do it within 10 days. After these 10 days still the money was not credited to my account i called BookMyShow for the sam...

Hi, My Name is Ishant and i am running a small industry of Water treatment equipments. I have supplied few plants to Bhutan as they approached us for our technology. Myself visited twice there to extend our sales and service support to them. Since we are into manufacturing industry hence minor issues like looks and asthetics are there sometime irrespective of any technical problem. We used to ...

I ,Santanu Debnath, am working as seaman. I renewed my passport on February 2016. But Verification of police report is adverse as they told that within last 1 year I was not sataying in my current address. But at that 5 month period I was in Ship. They sent adverse report . Now pass port office sent me a letter telling that I was suppressed material fact . But at the time of prosseing I submitt...

Three of us started a business. I had invested some amount and i was the sole investor. Consequences led to disputes in three of us and two of decided to quit and third person verbally agreed that he will continue the business and he will return my money. Now he is not available in calls and in messages he says he is busy in family problems since more than two months. Also, he says he is not re...

I actually have more questions than only one. I visited India in January this year to participate in my best friend's wedding and fell in love with India and its people. So now I want to hear if it is possible to move to India and build houses for the Indian population. Not for tourists, or the rich, but for the common man and the poor. Those who really needs it. So how do I get residence and w...

We are 2 Directors in a Pvt Ltd Company. We opened up the company with a Paid up Capital of 100000 Rs and the share was split as 70:30 and the money was also pooled in accordingly from personal accounts in the company account. After that the Director which has 70% of the share started investing money and the Director with minority share started running the business. Today after almost 1 Year an...

I am an NRI and one of a director out of 3, to a pvt. ltd company registered with the ROC India. The company is a news media company and is associated with the printing and publishing a daily newspaper in Kerala. The newspaper license holder is also the director of the company but the license is not linked to the company. Since the last 3 years, I was funding the company as a loan for the worki...

Hello Guys, I'm staying in a municipality area. I have got a license from local municipality to run my XYZ (brand name/company name) business as Proprietorship. The license is based on separate adjusted building in my home compound. The building is used just for storage purpose and the products are sold through online website. I'm applying for VAT &CST (targeting all over India). Also gettin...

Hi, My company has 3 months notice period. I have sent termination notice agreeing to serve a notice period of 1 month for proper KT and paying the amount for the remaining two months of notice period. But they have refused the same. The clause in the contract is "Notice Period:Notwithstanding anything contained herein, the Company, in its sole discretion, may terminate your employment...

Last year in june-july2015 me and one of my friend (10 years older than me) started a business. Initially I bring on the money for rent, partnership deed, rent agreement, and other related thing. most of the payments are been done in cash so i dont have any proof of it. From june2015-feb 2016 most of our time gone in the government process as we wanted to work in newspaper publishing, during th...

Hi, On 16/04/2016, We(me and my wife) went to spice mall Noida U.P. for a movie, after the movie one person came to us and asked us to fill a lottery coupon which is a free of cost and there will not be any charges for it and if you got selected in a lucky draw then you will get a 6N/7D free holiday accommodation in any of our resort across india. Since he said it’s completely free of cost s...

Dear Sir, I worked for a company called Easun Reyrolle Ltd, Hosur. in a senior Engineer position. In July-2014 I resigned from the company due to the irregularities in the payments. I served my complete notice period and received a relieving letter from the company along with a full & final settlement report, which indicates about Rs. 6.5 Lakh ruppes payable to me by the company. As per the...

As per the requirement company had recruited me on feb 23rd as head of operations pay package of 15,000 to be paid per month, effective from 25th of February 2016. I was appointed solely for marketing, making creatives & Presentation for the Sponsors (Part time - wasn't time constraint). I had approched them quiet alot of time for my salary but never received a proper response, inspite of f...

We have done contract with manufacturer, after the done agreement we make payment for goods, marketing and orders things will done by them only , as per him you will receive goods within 25 days and we will sold out 10-15 days. but goods will not come after 2 months also and then he said we have no client in your region so we will sold this other region where another distributor and will give t...

I need help in reviewing Employment agreement and ESOP plan agreement. Specifically, is this standard as an indemnity agreement (I am an authorized signatory of the company) "Without prejudice to any other right or remedy available to the Company under applicable law and/ or under contract or in equity, the Employee shall be liable to compensate, indemnify, defend and hold harmless the Compa...

HI, I was in business partnership with one of my friend. WE had started a shop. Business was quite attractive. But after some month of starting business, my business partner started stealing some material to his another shop which he started after our shop. There was some conflicts in between us and with some understanding and negotiations, I decided to move out by taking some money and leavi...