LCI Learning
Master NDPS 2.0: Latest Legal Developments, Best Practices & Landmark Case Studies

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Hitesh Patel   26 September 2014 at 15:41

Regarding to get releiving letter

Please suggest

I want to relieve from my current post. As i can not complete the notice period i am ready to pay the amount for remaining notice period.

I do not have sign any type of bond at the time of joining to till date.

Now my boss is asking to sign a letter in which i have to bond that i can not join the Competitors and can not join the clients.


Please suggest the solution

nitin gatagat   26 September 2014 at 14:12

Arbitration clause

DEAR SIR
I AM FROM PUNE.CAME IN TO AGREEMENT WITH A COMPANY IN MAY 2012 HAVING ARBITRATION CLAUSE .AGREEMENT WAS NOT REGISTRERD NOR STAMP DUTY
PAIDFOR THAT AGREEMENR,OUR WORK CLOSED ON SEPTEMBER 2012.COMPANY USED BLANK CHQ AND FILED CASE AGAINST ME.I WON THAT CASE .
NOW COMPANY FILED CASE UNDER ARBITRATION .. I WANT TO KNOW IT IS VALID IN ARBITRATION WITHOUT REGISTRED AGREEMENT AND STAMP DUTY PAID THEY CAN CALL ME FOR ARBITRATION..IT IS BIND ON ME

RayChawdhuri   26 September 2014 at 09:48

Women legal cell

Dear Expert,
Kindly let us know the guidelines of the Supreme Court of India concerning formation of Women Legal Cell on matters pertaining to Sexual Harassment in the work place.

Please let us know the Core members who will constitute the Women Legal Cell.

How often this Women Legal Cell can meet?


RayChawdhuri   26 September 2014 at 09:37

Cash transaction

Dear Expert,
Is there any rules regarding the Maximum Permissible limits of cash transactions between an Institution and a Building Contractor/ Suppliers of various items.
If there is please help with relevant Income Tax Act /Rules etc.
What are the penalties if any,if the rule is violated by the Institution.

Dr. reena   26 September 2014 at 09:22

Registration of a institute

i have running a computer institute name Akkar under sarvodya foundation regitered under trust act 1882. i want to know my institute is valid & i can issue certificates or not in case its not valid where i registered my institute.
There is a institute Indira Gandhi training centre. It is organized by National Education Devlopment Centre (India). That explains his firm's governmental institution and register under the Rastriya Vikas Samajik Sanstha . What is the Rastriya Vikas Samajik Sanstha . I have received no information to date about the institution.

A.Riyaz   25 September 2014 at 20:47

Recovery of money lended and family issue.

Hi All,

My Parents have lend Money to my Sisters would be Husband in June 2014 for business purpose. My parents are too old and don't understand any legalities. They sold their property and handed over 27L to him via Cheque on the grounds of Relationship and bonding. He mentioned that he will give it back In August. But he married my Sister and then asked for Divorce within 5 days. When My Sister asked to give the Money back and I will sign the divorce papers, he started Threatening that everything is going to be worse for you people from now onwards because my parents are unhappy.

Whomever we approached to help us to recover the Lended Money, they have taken money for their own good from that Person and are not ready to help. That guy is spoiling my sisters name in front of everyone stating that she Drinks and also said that he didn’t knew about her previous marriage (MY sister was married earlier and the first guy demanded for Dowry so we filed a complaint against him with the help of one of my Friend who is a political person as no Police officials were helping us. The case is still going on and we also tried to withdraw the case by filing a consentum. But the same political guy my s called friend is not letting that happen and says that he will demand money from my sisters ex husband. That is the reason we denied again stating that this is unfair and he cannot pay the amount that you need and we don’t want to fight this case anymore as there is a rishta for my sister. And all these things were not hidden from the guy who married my sister in August 2014. We have WatsApp messages supporting that the guy knew everything before getting married. But he is spoiling her name in from of every known person to us that he didn’t knew that the case is going on. Infact he forced my sister to marry without our consent and she agreed. The marriage was suppose to be delayed until the case is over. But he was threatening my sister stating that all of us will be arrested and jailed as one of the political person is handling the case and he has forged the documents and the police officials are also with him. She said yes to marry him in a week and she fought with us stating that she want to marry. Being a girl she sacrificed herself for our good. I know that shouldn’t have happened, but from her perspective, she was scared, threatened and demoralized to get married for her families safety . The case is still going on and now the second problem has started as this guy after taking money from us and marrying my sister, is demanding for Divorce). He also gave money to my old Friends and even they are converted now.

But somehow I got 4 cheques signed from him with accumulative amount of 27L in August 22nd and he asked to deposit the cheques after a month of teh issue of cheques. To which we agreed. On 23rd September we told him that we are going to deposit the cheques, he said fine you can deposit it.

All the Cheques are bounced. My sister is at my home. No contact with that person. He has a Transport business with 70-80 cars including Luxury cars. Even my so called friends are working with him and one of them is a Political person with lots of people around to help him. Also the Guy who borrowed Money from us has top most political contacts. We are really scared of these people and don't know how to recover the money.
When we told him that the cheques are bounced, he says that the company is running in losses and we have to wait. When asked what date shall we come to get the money. He just mentions that we have to wait otherwise do what you want.
I really don't know what to do. I just have a proof that the cheques are bounced, no other written documents.
Is there any way that we can recover the amount, 27Lacs won't be anything for few people, but its a fortune for us.

PLEASE HELP.

pooja   25 September 2014 at 15:52

Foreing company query as per companies act 1956

Dear All
I have one query regarding foreign company. There is one foreign airline company originally incorporated outside India. It has a branch office in India. Who does not maintain annual accounts in India. It files Form -52 every year alongwith the copy of balance sheet converted in INR and certified by CA, list of business places and balance sheet of parent company which is a global balance sheet. Now as per new companies act 2013 as per new amended form it has to file form -FC-3 for the same. FC-3 form is containing the part of balance sheet and P&L part. so which amounts to be consider in that fields?? The figures of Balance sheet of global accounts which is converted in INR? can we fill these amounts in the same.
Please reply
Its urgent
Thanking in advance Best Regards

Bhavik   24 September 2014 at 19:05

Power of attorney

in my housing society, few members having bank loan for home. So as of now they are legally not a owner of their house.

So my question is

1. can this type of house hold person(owner) can issue a power of Attorney to somebody for attending society meetings and participate for voting?

2. can this type house hold person (owner) can issue a power of Attorney to somebody for to make him member of society working committee along with some post (chairman , secretary etc.)

Can you pls guide what kind of power of attorney get issue limited to / for housing society.

devendra   24 September 2014 at 16:55

Co operative housing society managing commitee

I and my wife have purchased one flat in mumbai as joint owners. The share certificate contain names of both me and my wife. The purchase agreement is in the joint name.
Our Managing comittee elections are due. Can I contest the election and hold the office either as Chairman/Secretary/Treasurer.

Parthiv Pathak   23 September 2014 at 18:20

Query pertaining to aviation sectors

Dear Sir,
I work with a leading aviation airline. Recently, we have got an opportunity to purchase/get back the aircraft which we bought on hire purchase in 2001 from one foreign lessor. Could you please advise and let me know the documentation that will be required to change the ownership of the aircraft from foreign lessor to us or if we have to pay any duty, govt taxes in india for that purchase. Though it is not a routine query, yet, it holds a substantial weightage and very crucial. Please assist. Thanks. Parthiv Pathak