Legal questions on Business Law

Not given maturity amount even sebi order

Respected Sir/Madam, I am working as an agent in M/s HBN DAIRIES AND ALLIED LTD in Tanjore Branch. There are 102 customers are invested as an investor in my team various schemes under the plans monthly, yearly and so on. They are already paid for their installments properly and after the maturity date none of them not get their repayment amount to company till now. Many times to contact th...

terms an conditions

A friend of mine, from Punjab runs an authorised franchise of apparel store in Amritsar. On my visit to his store, he requested me if I can help him locate any places to buy original/duplicate fashion apparel in my city i.e. Delhi. As his authorised distributor purchase products from Delhi and use to charge heavy amount on the same from him. I found a couple of vendors who sell the products ...

Institute in Bangalore cheated me by giving fake promises

A Computer Education Institute in bangalore cheated me very badly by giving fake promises like 100% job guarantee and we will teach entire lessons related to Graphic and web related stuffs and provide me with a part time job during the course period, but now they have left out many things in web development things and now they are telling that all that will not come to your course for that you ...

About absconding

My name b ashwin i reside here in bangalore and i work in shopping malls like in stores(lifestyle,shoppers stop)etc.Im just a brand staff which is not under the management of either stores. I was working in polaroid sunglasses from past 6 months switching to shoppers stop to lifestyle in between as per advice of my manager.The company or brand which is so called polaroid issues appointment le...

Not following MOU to share Profit after setting up the business

Respected Sirs/Madam, I helped one of my relative finacially and getting all documentnation and legal work done in getting approvals to start a petrol bunk on her name. Initally, before the application was filed to Bharat petrol bunk, we made an MOU and got the franking done in sub-registrar office on 20Rs stamp papers with terms and conditions that she shoudl pay me 51% of profit quartley. ...

appropriation of payments as per clayton's rule.

Question: A obtains 5 different loans from B in the following manner Month Amount Interest November 2014 20,000 20% December 2014 40,000 5% February 2015 10,000 10% March 2015 10,000 15% Total 80,000 A decides to make repay only a sum Rs. 50,000/- in April, 2015. Please explain taking the above example as how the debts shall be appropriated as per Clayton’s Rule of Appropriation of Pa...

Performance Appraisal during Maternity Leave

Sir, I am a PSU employee (working in officer level). During the financial year 2014-15 I have worked till Oct 2014 and afterwards I took maternity leave till end of Mar 2015. Subsequently my boss also retired in the month of Nov 2014. Though he has submitted my performance appraisal report till Nov 2014. A new person has joined as my new boss in the month of Dec 2014, who has never ...

policy violation

Hello, I was working with one job provider consultancy and on the payroll of this consultancy I was working at client location. Now I have left that firm due to very bad treatment and lots of politics. I have left the firm on 10th Jan, 2015. Before two days, I got a call from them saying that there are some bad reviews posted on glassdoor. Glassdoor is platform where everybody can provid...

Taxes applicable on a One Person Company and Incentives in an SEZ

Hi, I have a few queries pertaining to Corporate Tax laws. I want to start a research based technology startup and I am going with the option of One Person Company that designs electronics software and electric/mechanical instruments and licenses their design to other firms who can take up mass production.. Below are my queries.. 1) Can a OPC have an office in an SEZ and avail the b...

Scamed by website.

Dear Sir, My father is sixty years old and retired. Unfortunately he has lost all his savings in real estate scams. He was conserned about his future even with three of his sons working successfully. For some unknown reason he did not want to depend on us and wanted to work again hence he was seriously seaching for job for the past 6 months. Recently he was contacted via email and phone ...