Decode Ballistic Reports Like a Pro. Register Now!
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Simi Salooja   16 July 2014 at 17:33

Pre and post procedures of arbitration

Dear Experts,
One of my client wishes to go for arbitration and so i wanted to know about the pre and post procedures of arbitration and also whats the next step if the arbitration fails ? or what if any of the party is not happy with the decision of the arbitrator.??

Ritambhara   16 July 2014 at 12:54

Insolvency of a company

A company was started with four directors, they ran the company for 2-3 years, thereafter, the company started to incur great loss so eventually the company was shut down. There was no legal formality done to wind up the company though the papers are there to show the losses incurred by the company.
Now, during the period company was existing, the same was engaged in a campaign with another company(campaign company) involving an amount of 60 lakhs. After the abrupt shut down of the company three of the directors fled from their rights and liabilities. The fourth director who works in the same area as that of the campaign company cannot jeopardize his business relationship and also he is being continuously contacted by the debt recovery people for recovery of money.
The issue is the fourth director wants to settle this once and for all with least of money( as in less that 10 % of 60 lakhs).what is the best legal stand point to negotiate the matter.

Rida Adams   15 July 2014 at 20:04

Company not issued pf yet

Hi Team,

I always find contentment in writing in this forum for the right and appropriate answers I get.

I left my organisation in March 2014 and duly filled my PF form on 4th June 2014. My colleague and me both filled the pf form the same day and he got the PF amount 15 days ago.I inquired at the PF office and they said they didn't receive my claim form from my company yet. When I called the company they don't seem to be in good mood to answer and I didn't get any response from the accounts team either.

I don't want to lose this money as its my hard earned money.

Please let me know as to what should I do to claim my money.

Regards,
Rida Adams

hetalsangoi   11 July 2014 at 18:32

Cc - and interest statement on daily basis

we have a cc account with bank .can we ask to bank to provide the daily basis cc interest charge statement ? can bank deny? why we borrower can not ask for this documents ? what r the renmdies ?

Vikash   11 July 2014 at 12:57

Private limited inc.

Error shown in Form INC-7 submitted to MCA "Heading of moa mentioned form INC-13 which is wrong. Definition clause of private company not mentioned".

Nikhil   10 July 2014 at 18:22

Manufacturers name

Dear Sirs,
I have just started my own brand of electrical brands. I have submitted my documents for Trademark registeration and have got the necessary approvals to use TM and it is under procedure. I am getting my products manufactured from various manufacturers from across india. My question is that is - is mentioning manufacturers name on the box packaging mandatory or shall i mention my firm name as marketed by and skip manufacturers name. MRP, Date of manufacture is mentioned. Please Guide

Amit Meena   10 July 2014 at 15:39

Important take cares of intitiating any business

Please share what all are the things we need to take care before starting any business. I always wanted to start my own business but due to lack of knowledge i could not start it.

Thank you so much

Mitesh   10 July 2014 at 14:49

Can new partner be added with retrospective effect.

Dear All,
In a partnership firm 2 partners are doing a business since past 15 years. A new family member is inserted as third partner is inserted on 01.01.2014. There is no family dispute, and partners do not have any objection in considering the third partner w.e.f. 01.04.2013.
Can a deed be executed in consent of all partners for inserting third partner with retrospective effect?

RUSHI   10 July 2014 at 10:30

Cheque discounting licence

HI

I WANT TO START CHEQUE DISCOUNT , BILLS DISCOUNT BUSINESS LEGALY IN SURAT GUJARAT
HOW SHOULD I GET LICENCE AND HOW MUCH OFFICIAL CAN I TAKE INTEREST

ayaz   08 July 2014 at 16:54

Invoice valid

Sir i have started a small manufacture and trading business ,now if i buy some machine from one company and sell to other company,
i don't have any VAT TIN no and also CST no ,
i just have a pan card no.so if i want to give invoice to other company
If i make my invoice in which i write only pan no and no vat and no cst then is that invoice valid (my turnover is less then 5 lac because it is new business)