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

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Geet   07 January 2013 at 10:11

Conversion of proprietorship to patnership

On of My client want to convert their business proprietorship to partnership in this case new partnership deed prepared but is necessary to add a clause "of conversion from proprietorship to partnership" if it something to add kindly help me out regarding that clause to add on the deed

Toni S. Sachdevani   05 January 2013 at 19:51

Partnership

Sirs,
Can there be a Partner in profits only?
Example:- A & B are partners. A is entitled to 75% Profits & B to 25%. However A only is liable for all the losses i.e. 100% losses & B is liable for nothing. Can B be partner in profits?

Thanks&Regards,

Praveen   03 January 2013 at 09:09

Mrtp complaint

what is the procedure to file a complaint in MRTP Commission.

Member (Account Deleted)   02 January 2013 at 23:34

Legal compliance to start the new business

Dear Sir,

My friend wants to start a business to sell the jewellary through out India with the help of e-commerce from Rajkot and this will be his first venture. At present he has PAN card. He will run his business from his father's shop.

Please let me know that what kind of legal requirement he has to fulfill before starting his business in RAJKOT (GUJARAT). (like whether he has to obtain license under Shop Act, Obtain CST Tin no., any other registration/license etc.)

AAK   02 January 2013 at 16:47

Ticket laws

Dear experts,

Can anyone pls advice me which laws/enactment governs the online Ticket Booking ?

If some one selling cricket match tickets in Black, which laws prohibits him?

Mohinder Singh   28 December 2012 at 12:00

Registration of multistate society

Dear all,
we want to establish a multistate non-agricuture thrift and credit society registered under the multistate society registration act 2002.
please Advise the adress of the registartion society at new delhi.
can this society be rgeistred at the state HQ.
Is there any agency or advocate who can help us in registraion of the society.
please inform me here or at my email at mskamboj@thekimt.com or mskamboj55@yahoo.co.in
mskamboj 09354920313
Kurukshetra (Haryana)

hetalsangoi   28 December 2012 at 12:00

Shop establishment 's importances

What is the meaning of shop establishment Act? Why businessman has to apply for it? Who has to mandatory to apply? please provide the detail which solve my queries?

jastej singh   27 December 2012 at 21:23

Indian companies act 1956

I have not able to conduct Annual General Meeting because of dispute and lack of co-operation from other directors. as per section 167 of the company act i can make an application to the CLT to allow me i.e. single director to form quorum and conduct AGM. Whereas section 174 (5) allows me to adjourn meeting for one week and in case other directors do not attend, then the present directors will constitute quorum. Now I am in dilemma as to which provision to follow. Should I approach CLT (as per section 167) or should i adjourn AGM for one week and if other directors are not present then I alone will make a quorum for the meeting (as per section 174 (5). Please remember that section 167 specifically uses the term AGM whereas section 174 (5) only uses the term quorum for a meeting. An early reply will be appreciated.

jatin arora   25 December 2012 at 23:44

Personal loan from friend to my private limited company

dear Sir,

My friend had given me Rs. 20,00,000/- loan in 2 installements for investing in my business, which is a private limited company and my wife and myself are directors.

He had given by cheques and there was no agreement or writing.

The loan was taken in April and may 2010.

We have been paying him by cheque in small installements of rs. 32,500/- per month and then from january 2012 by cheque and also daily cash collection he started taking from us . The cash collection was of our business, for which he has signed the register.

Now he has sent us a legal notice claiming Rs. 20,000,00/- and says the money was given for other purpose.

He has infact taken 28 lakhs extra by way of cash collection.

Can we prove in court, or what shall we do?

He used to sign the cash register while taking cash from the office and sometimes we used to send him mail