Legal questions on Business Law

Business Partner not bringing money,delaying work,not giving time

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...

False commitment by Country Club hospitality

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...

Full & Final Settlement due after resignd from company

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...

Havent received my salary

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...

I am a trader,suspect & sure that our manufacturer is lying,cheet

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...

Review employment agreement and ESOP plan agreement

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...

End of business partnership

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...

Mis appropriation of power of Board of Directors

We established a company in 2003 where we were 5 shareholder Directors with the following share percentages. 1. Me 35% Chairman 2. Another 35% MD 3. Another 10% Dir (responsible for import & marketting of some Medical re-agents) 4. Another 10%Dir ( responsible for tender business and marketting of orthopaedics products) 5. Another 10%.Dir( Has her own business) The Last Director has her o...

Reconstitution of Partnership deed

Partnership Business with three partners, registered, difference of opinion between partners Arbitrator appointed only one partner present and the representatives of the other two partners present but this was not made legal. settled the dispute one partner who was present signed along with arbitrator and the third partners husband who was present at the time of arbitration send the deed of rel...

Bond letter breach

Hi, (i have used the word BOND as well as OFFER LETTER, bond is the legal notary sign paper and offer letter the agreement between me and company before joining the company) I have joined a company "x" and according to the bond that i signed, it states that if i breach the bond during or after training period(3 months from date of joining) i will have to pay some amount. But, according...

Snapdeal raised Panelty and unethically holding payment - seller

We selling on snapdeal branded laptop bags and other products our money hold by snapdeal in name of counterfeit products breach of agreement but we purchase all laptop bags with tax invoices we have only fake product complaints 38 out of 24124 delivered orders(0.16%) not even 1 % and in e-commerce market place these are so common issue to all seller because customer returned there products by m...

Conflict with Online Jobsite

Hi, I'm a freelancer and have some open contracts with US and Canada clients through jobsite 'Upwork'. Upwork is an online job portal where we can register as a freelancer and bid for the jobs posted by clients from different countries. One week back, upwork asked me to provide the scan copy of any identity card issued by Government of India as well as bank statement for address proof...

420 case

My brother was running a IT comapany in mohali from past 1 year and now he ran away. let me describe the case in breif:- he started the company in feb 2015 and closed (ran away) on 29 feb 2016. He had an 1 year contract with the building owner. he had paid 2 months security money to the owner. the contract was for 1 year i.e till Jan 2016. He paid his rent till dec 2015. He didn't pay the ren...

Share holding

Hi... I have started business in partnership with my friends, We are total number of directors as 3, I was doing job firstly with one of the reputed company, then this two friends approch me and asked if I am interested of doing business together and said you will be taken on board of director with there existing pvt ltd firm (pvt ltd was incorporated in 2011, with two director) The pvt ltd...

Actions against an Indifferent designated partner in an LLP.

A resolution duly adopted in accordance with the procedure set forth in the LLP agreement a little over a year ago, by both of the designated partners (A & B) of an LLP. Where, as per the LLP agreement, a decision taken in a meeting is binding on the LLP. Moreover, a few of the items successfully executed as resolved as per said resolution even after the actual time of execution scheduled, ...

Non Payment of Full & Final Dues

CASE HISTORY : Non Payment of Full & Final Dues pertaining to 1 month salary, Bonus & Leave Encashment. Location of Posting: Bhubaneswar STATE- Odisha Head Office: Kolkata Name of Company working for: Propello Innovations Pvt. Ltd Nature of Business:Marketing & Service of Consumer Durable Product Duration of Employment: 12th Sept.2013 to 26th Aug 2014 Date of Resignation: 26t...

Customer Asking for a Rework or Refund the advance payment

Dear Sir, I am a software developer firm based in Mumbai and one of our client in Ratlam.(MP) We had a contract to develop a software a 5 months ago. My client have paid me advance payment less then 30% of 100%. I have raise a Sales Order and was courier and need to be sign but my client refuse on that till time and pursue me to go ahead and assure for oral safety. I had complete all o...

HR Irregularities

HR Dept. Irregularities Hi, I am working at a web development company in Kolkata for the past 4 years and 7 months. But, we (the employees) do not get salary slips every month. I personally asked for salary slips two months ago (i.e. in Dec, 2015), but I have not received a single copy of a salary slip as of now (Feb, 2016). When I asked for the salary slip, I was told that they would giv...

Does the termination from employment as acontractorharmsourcareer

Hi This is banupriya. I would like to put a query infront of you experts to suggest and guide with your support. I have worked for an MNC company as IT support analyst hired through contract company as a contractor and getting paid by the same.When it was going bit fine unfortunately I have got terminated marking under disciplinary action saying that it is because of uninformed leaves wh...

Legal openion

BRIEF OF THE CASE I was working as the CEO for a company ~ a joint venture between an Indian partner and Canadaian company The Joint Venture was dissolved by the mutual concent of the JV partners and Canadian partner bought out the equity of other JV partner. I continued to operate as the CEO of the company, which was now a fully owned subsidiary of Canadian group All the Director...