advbhosale
16 March 2015 at 20:08
A is 33.33% shareholder in a company of two directors (indirectly 1/3 owner).
A wants to grow up directors business by crores of rupees and wants to increase capital every year Rs. One lakh till five years. Condition is that if such target of crores of rupees achieves than remaining directors shall pay appropriate profit (1/3 share equally) and if target does not achieve then A shall retain shares with him till five years and return it after five years. (i.e. agreement period is five years.)
My question is
1. what agreement we need to prepare? i.e. Shareholding agreement or MOU? Or only Simple agreement.
2. Whether such agreement required to notary or register before Company registrar?
3. What is the legal enforceability of it?
Experts are requested to guide on this.
Nishant Chaudhary
15 March 2015 at 12:35
Hi Guys,
I have to create the company seal for appointment of first auditor but I am a bit confused. Do I have to create a company Seal (One that gets embossed on paper) Or can I just create a Simple RUbber stamp?
Also what information needs to be on company seal?
hdshardik
14 March 2015 at 18:52
can a registered firm sue private co for outstanding dues which is good in amount by giving winding or liquidation notice? my fathre has tried by many follow up an dmeeting with person . but no resposible person is coming to talk . my father is fed up . so we got a advice from Friend that inquire whether you can give winding up notice to your party to whom sell the goods ?
is my friend advice can help me ?
Vidhi Dipak Patel
14 March 2015 at 17:57
Date: 14/03/2015
Dear Sir/Madam
Please let me know that Is it possible to have the date of commencement is before then the date of partnership agreement and if the answer of the above question is YES then is it possible to have different date of stamp on which partnership deed is printed?
Anonymous
14 March 2015 at 07:59
I have firm in punjab .my firm is partnership firm .I have deed for same .I have one office in haryana also so I always busy in haryana office.my partner took my all money and material of 4 lac and disappear .his Phone is switch off.now what kind of action I can take against him.
yatharhpan
14 March 2015 at 06:52
Dear Sir,
My mother expired in 2005.she was one of the directors of pvt.ltd.co. Her shares were in joint names of dad and two sons .same case with my dad's share. Both expired without WILL with shareholding in joint names of 2 sons.
How to effect share transfer. And legalities to be taken care of?
Regards
yatharhpan
14 March 2015 at 06:07
Can private ltd.co. shares be issued in joint names? If yes, then surviving second holder becomes the sole holder of the shares after death of first holder? What legal procedure may need to be followed?
Kanwar Jeet Singh
13 March 2015 at 16:36
Respected Experts,
A pvt ltd company was incorporated in the year 2013 under companies act 1956.
Due to some issues among the promoters, the business never commenced. The company was inactive since incorporation, even the bank account was not opened.
Now what will the compliance, if the promoters:
1. Commence the business
2. Make it a Dormant company
3. Windup the business
Your assistance will be highly appreciated.
DK
13 March 2015 at 15:42
Can the property of an LLP be distributed among the partners?
Say, 2 people are joint owners of a land and they want to transfer it to an LLP so as to not give away their rights in the land.
How can the land be distributed among them on dissolution of the LLP.
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Partnership deed for medical stores
Dear Respected Sir,
I am requesting you to please let me know a draft of a Partnership Deed for Medical Stores. I shall be very heartly thankful to you if you please provide me a draft Partnership Deed for Medical Stores.