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naimesh   03 March 2014 at 18:32

Jurisdiction

In business, Buyer issued Performa Invoice to seller. In Terms and Conditions, Buyer Specified the Clause as SUBJECT TO H.O OF BUYER’S( City name of Buyer H.O) JURISDICTION ONLY. After that claim is arise between parties. How to decide the jurisdiction in this case.

Navin Pandya   02 March 2014 at 06:59

Director's disqualification

Dear Legal Experts

Namaste!

Kindly advise:

Anand Mahindra, CMD, M&M Ltd. guilty of following:

1) He was fined Rs. 50,000 (fifty thousand)by Bombay High Court for importing Yacht without valid import licence.

2) He violated 'Stay' granted by Industrial Court by terminating two officers of the company. M&M Officers Association filed criminal complaint in Labour Court & he was produced in the Court. Subsequently, the matter was settled out-of-court.

In view of the above, is Anand Mahindra disqualified as CMD of the Company?

Best regards,

Navin Pandya

KIRAN   01 March 2014 at 13:27

Resolutions

Please guide me on this.I have a client where his company is a electrical company and also it want to get engage with share trading.Whereas its main object clause of memorandum only talks about electrical business.I want to insert another object clause as SHARE TRADING.The said company is a PRIVATE LTD.I want to draft a resolution. Can anybody suggest me for same..Thanks in Advance

RAVI K GOUD   28 February 2014 at 00:29

Trade license u/ shops & establishment act

I'm grateful if any one clarifies my following quarry:

Is it compulsory taking a Trade License U/Shops & Establishment Act by an Educational Institution (college / school / university)which has hostel facility (charging for food+shelter) i.e Residential school/college.

Lalit Kumar   27 February 2014 at 15:53

To register the farm under companies act 1956

Greetings All,

I want to register organization under companies 1956 act so will you confirm me the procedure how I can register with mentioned below particulars.

What the expanses will be come
What are the capital is required (current money and land)**
What are the document & affidavit needed
How much time will take to register in Delhi.
From where it will be register Domestic/High Court

Regards
Lalit Kumar

Lalit Kumar   27 February 2014 at 15:44

Want to register the company under companies 1956 act

Greetings All,

I want to register organization under companies 1956 act so will you confirm me the procedure how I can register with mentioned below particulars.

What the expanses will be come
What are the capital is required (current money and land)**
What are the document & affidavit needed
How much time will take to register in Delhi.
From where it will be register Domestic/High Court

Regards
Lalit Kumar

venkatesh   27 February 2014 at 08:19

Director identification number

Is it possible to register and get a DIN while working in another company as an employee? If no, is there any other way to register my company ?

Anoopkumar   26 February 2014 at 20:55

Processing charge,more than that notified in the website,was charged from a customer

Dear Sir,

I have availed a home loan(Rs.1 lakhs) from Federal bank.The processing charge of this loan,as notified in the bank website,is 0.5% of the loan amount(subject to minimum Rs.1000/-) plus service tax thereon.

The branch manager also has not brought any charge,contradictory to the above,to me.

But,after the loan was sanctioned,they deducted from the first disbursal of the loan Rs.3371/-,justifying that the rate,0.5% of the loan amount,is subject to a minimum of Rs.3000/-,although the website was not timely updated.

Experts,kindly advise me whether any legal sanctity is there in this decision of bank.

Thanks and regards,

Dr.V V Anoopkumar

Naveen Alle   26 February 2014 at 15:50

Loan facilitator requirements

We are in a process of starting a business of crowdfunding i.e. facilitating lending and borrowing. We have built a platform where lenders and borrowers will come together for mutual financial benefit.
Can someone please advice me whether any licence is required apart from registering the company. Also, are the any legal issues to start such venture in India?

Sunny   26 February 2014 at 13:45

Want to open a plc & scada (automation) institute

Sir I have completed my b.tech and i want to open a PLC & SCADA (automation) training institute in partnership, in Palwal,Haryana. Is it necessary to get this institute registered,if yes then please tell me how to get it registered? or what all legal formalities that i have to perform?