Legal questions on Business Law

Need to know if there is any help i can get as an employee

Hello, I was an employee of an IT company. When they hired me they had given many fake promises such as I will be 10% partner of the company. I will be earning certain amount per month, etc. However, I trusted the words and all these were never taken in writing by my side. They also made me sign a contract (not stamped, it was on company's letterhead) which says i can't do any freelancing w...

Previous employer sent a letter asking for my action

I have been working in a company since last 2 years. Recently I have left the company. I have all the proper documents from the company like offer/appointment letter, release letter etc. The company works on the web development field on the freelancing websites. After leaving from the company, I have created my own freelancing profile to work for myself in the web development domain. I have con...

Suggest to get documents from comapny

I sent my resignation to my boss and HR head and CMD were also in the loop by official email on 25 Feb, He forwarded the resignation to HR for further action without taking me in the loop. The CMD & HR conveyed that you will get relieving on 4 Mar 2017. It was verbal communication. They did not confirm the notice period and date of relieving on official mail id. HR head emailed the date of reli...

Dispute with Partner

Hi, My question is related to the partnership firm. We had a partnership with my relative(cousin) in the year 2015-16. The partnership was closed in less than a year as my cousin did not manage it well and the entire amount invested in the business turned into the loss appx 25 Lacs. He then informed the partnership his willingness to resign and walked out. While going he asked for the settle...

Overseas Bank Accounts

Good day, I am an emergent entrepreneur. I wish to do a little business overseas; I decided recently that the best way to speed up financial developments overseas is to open a bank account overseas, as the rules and regulations of the Reserve Bank of India does not permit any outflow of cash from within Indian territory, under FEMA Act 1999. This also applies for all overseas-based e-wa...

Employee threaten and drag between two business partner conflict

Sir/mam, i used to work for a private Public Relation (PR) firm and an NGO run by two partner who were also in a love relationship recently they started having difference because of financial matter and during that time both of them were out of station and both of them kept ordering me to block the other person number and not to have any communication but that was something which i didn't compl...

Cheating in the name of business partnership. How to proceed?

I am a currently working as a software employee in Hyderabad. I was looking to go into business field and was looking for a company to invest join as a partner. In that process I met Ravi Varma who runs a proprietorship firm named "Team3 Solutions" which is mainly a Graphic designing firm. He convinced me that he is forming a private limited company and offered me a share of 20% in it for an in...

Illegal Termination

Hi, I joined the pvt. ltd. organization on 02.03.2016 and promised was salary and equity with a vesting period of four years and cliff of one year. I was asked verbally on 15.11.2016 to resign which I refused. When I asked for reason they told me they have problem with my attitude. They told its not because of performance as they were happy with my performance. I asked about my equity(E...

Mental harassment at workplace with my wife

Respected Sir / Ma’am, After tried all possible scopes, I am here to discuss my problem with you all. My wife who works in a MNC Company from the last 7 years in Chandigarh. So far everything was going good moreover she joined as a validator then team lead then Senior Technical Consultant (under different mangers) Since she was pregnant and was on leaves and her management got changed. After...

Threat from employer reg. terminal benefits and experience letter

Dear Sirs I work for an Indian IT company who have sent me on a deputation to UAE and I have been working at client location for more than 4 years. Due to some reasons, client management is forcibly persuading employees from the same Indian IT company to change employment to a UAE based man power consultancy. Due to various let downs in the organization where I am being forced to join, I have ...

Cannot serve notice period due to marriage plans

I am working for a IT company. I have resigned currently. the notice period is 3 months. but due to marriage plans i wont be able to serve the notice period. currently i am not into any project. am on bench. theres no work dependency. but HR is not ready to release me. she is not approving me for pay back option as well. I have pasted the policy below. Can you guide me with this. Is the policy ...

Lost original fixed deposit receipt (FDR)

Hi,\I have invested in sriram transport Fixed deposit. Now my deposit is matured but i lost the original certificate (FDR) issued by Sriram transport. To get the refund/withdrwal of my invested money they suggested me to make Indemnity bond of Rs 20 on following format. Is it really necessary? and where can i get the same online? INDEMNITY BOND FROM; DATE: To: SHRIRAM TRANSPORT FINANCE...

Not Paying My Earning

Sir/Madam Im from Bangalore, India, I was working in a non-registered private Interior Designing Company called Vivid. I worked for a month.But my boss didn't pay me my salary. After 1 month and 10 days when I asked him about salary, he said "I will give your this month & next months salary together.(in total I worked for 1 month and 15 days in his company). Then one day i take leave from o...

Website Contract

Hi, I am a software engineer and work alone. I am planning to open up and website which will be used to collect payments from accommodation hotels for their bookings. Key: X is the Customer who wants to book a room in Hotel Y. Y is the Hotel Y who gives rooms on rent for Customer X. Z is myself/my website which would be used to make payment. I would be the online aggregator who take...

Complaint about threatening & not accepting resignation by HOD

Respected Sir / Madam, I, Ashutosh Sharma have been working as Assistant Engineer since 16 August 2015 in PRSS department in company "Wind World (India) Ltd, Wind World Towers, Plot No. A 9, Industrial Estate, Veera Near to Bhagwati House, D67, Veera Desai Road, Andheri West, Mumbai.” On date 29 December 2016, I had resigned from my services due to some family problems, requesting early r...

A Ex Employee being continuously threatening

Respected Sir, I am from Mumbai and working for a Pharmaceutical Company based at Hyderabad as a Sales & Marketing Head. I have to control a Team of 100+ Medical Representatives for meeting Doctors across India In September one of my Area Manager based at Bangalore tried to cheat the Company by asking for Sponsorship to a Doctor at Bangalore for Leisure Picnic which was against the permissi...

Threatening

Three persons XYZ plan to do a business ,so the business registered as a Sole proprietorship in the Name of X , Each invested Rs.2lakhs to run a business there is no legal documents for the Y & Z investments, later on Z plan to leave a company and Ask the investment amount immediately but X & Y refused to give and ask to take maintanence,office expenses mutually for Z's business period.... Afte...

Shareholding & Acquisition of share of one pvt. co by another co.

Company A having 3 shareholders in head of J (50% shares), SS (1% Shares) & ZZ (49%). Now ZZ want to sell her shares then first preference will go to J & SS respectively. In case both shareholders (J & SS) refused to buy her 49% shares then she will go for its sale to external party. In this case, another Company B having 3 shareholders in head of J (20% shares), SS (60% shares) and SD (...

Dues not being cleared

I was terminated from the company on November 17th 2016 via an email dated December 7th, 2016. Here the reason cited was "because of your deliberate deliver of poor quality jobs directly to the client." The quality mentioned, however, was not checked by the US client who are solely responsible for checking the files. Furthermore, those files were done by me on November 19th and the mail suggest...

Conversion of partnership firm into sole proprietorship firm

I with my three friends have started a partnership firm in 2014 we sign up a deed with equal profits share 25% and have gumasta, current bank account and pan card in name of the firm now we want to dissolve it and everyone want to register a sole proprietorship business while I want to use the same name, and bank account in the name of the old firm and they all are agree on this. We also agreed...