I had resigned from the company but has not served my notice period. And they had sent two warning letters after the date of joining. I didn't get it if I had resigned why they had sent the warning letters and has raised absconded against me. I need my relieving but they are not helping me. What should I do??
Dear Veterans,
Greetings.
My query is on a partnership firm working as an NGO.
Can Partnership firm, registered under Partnership Act 1932, work and operate as an NGO?
What can be legal hassles and complications in this case.
Also share if only 2 persons willing to operate as NGO, what can be the best form of organisation they can opt for?
Please enlighten with your valauale inputs.
Regards:
Punit
if deceased person has signed only one nominee, a son, even after having wife and other four children alive, should society transfer shares without indemnity bond of the nominee?
I joined a private company in kolhapur ok 1 june 2017 as a Trainee Engineer.I was also given appointment letter as a Trainee Engineer.The stipend was 10,000/- and also it had clause that the job will terminate as soon as 1year of trainee period is concluded and had no mention of notice period.Also it had clause that i wont have any right over permanent job in company.Now the compay has sent me letter stating that i will have to serve notice period for one month and approve the resignation letter.Also My trainee period ended in 1 july 2018 since then neither the company offereed me any other offer letter nor any post nor did my salary incresed so i left job on 14 august 2018 and went there till 19 august so as to give my responsibility.But am i to give one month legal notice period to company?
Dear Experts,
I am a minor shareholder of a private limited company and have received AGM Notice with Annual Accounts of the Company through EMail. My querry is :- a) Can I ask for Signed Hard Copies from the Company b) Can I ask the Company to provide me more details about Balance Sheet items such as List of Sundry Creditors/Debtors and P&L items such as list showing details of to whom how much salary is paid, to whom how much commission is paid. c) If I can I communicate my qurries on accounts, when & how I can raise such querries.
I am a Third Party Guarantor & Mortgagor towards the NPA of A Pvt Ltd Company which is at the verge of having a RP appointed in the Application under IBC by the lending Bank.My guarantee/Liability Is Limited to My Property allowed as Third Party Mortgage.The IBC Application if filed by Bank against the borrowing Pvt Ltd Company in which the Bank has given description & Value of the Company"s Stock, Receivables etc and also description of My Property.I am not a party in the Application.The Bank"s application is also pending against the borrowing Company and myself at DRT level.I have question, which even the practicing RP is not able to answer in clear terms...
01) Whether the RP so appointed, shall deal with the Due Amount and Assets of the borrowing company only Or RP will also have power to deal with my Assets.
02) the statutory moratorium of initial 180 days shall apply to me at DRT level ?
The Advocate attending DRT says that as per latest position, the RP shall only deal with Corporate Debtor,i.e. the borrowing company and the moratorium shall apply to the corporate debtor only and DRT shall continue to deal with me as a TP Guarantor., whereas the practicing RP opines that since they have to deal with the corporate borrower, and the guarantor also fall under defination of borrower, they shall deal with the Amount Due, Assets of the Corporate Debtors and of the Third Party Guarantor, both.
See DRT level is dealt in by Legal Professionals and NCLT proceeding under IBC is practically being dealt in by CAs and CS, and both have different opinions....
Opinion & Clarification is requested .
Thanks & Regards
in I&B code can a company file a case against an individual or proprietor for non payment of debts
1)A khas procession was rented in 2004 for one year.
2)The rent agreement was renewed 2005 for one year.
3)After 2005 , rent agreement was not issued.
Land lord never issue rent receipt.Original of all rent agreement
is lost , XROX copy of rent agreement is there with landlord.
Tenant have no agreement copy only XROX.
From 2005 end till date , land lord not accepting rend.
Asking to vacate the processing verbally .Tenant were asking time.
on 2017 , land lord file for eviction suit.Now tenant is saying that
he has paid up to date and not rent receipt was issued.As landlord
can not show ,the counter part of any rent receipt , he claim that,
the payment has been made over hand.
a)If landlord is not able to produce counter part of rent receipt.
Will court consider full payment by tenant ? Landlord can not
ask for default of payment ?
b)Tenant has made alteration of the property without consent and that have accepted by
tenant in the court.Is this a valid ground for eviction ?
c)XRAOX copy of agreement can prove Tenancy ?
d)Tenant has no paper , only XROX copy of the Agreement.
Will it be difficult to evict them?
d)Landlord daughter and her husband has no own house.Both govt employee.
Both are eligible for Govt Qauter.Landlord want to gift this property to his daughter
and daughter want to demolish exiting structure and build new by taking housing loan.
(Currently Tenant or his relative does not stay this house,it is too old and damaged)
Is this reason is sufficient for reasonable requirement ?
Served Demand notice - NCLT Form 3 & 4
Now need to to file NCLT Form 5 .....need leagal assistance to file in NCLTbangalore
Sebi listing obligations and disclosure requirements
Dear all,
The SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2018 amended Regulation 17 by inserting sub-regulation 1B and the same reads as follows:
“(1B) With effect from April 1, 2020, the top 500 listed entities shall ensure that the Chairperson of the board of such listed entity shall -
(a) be a non-executive director;
(b) not be related to the Managing Director or the Chief Executive Officer as per the definition of the term “relative” defined under the Companies Act, 2013:
Provided that this sub-regulation shall not be applicable to the listed entities which do not have any identifiable promoters as per the shareholding pattern filed with stock exchanges.
On the other hand the first proviso to Section 203 provides for same person to be appointed as Chairperson and Managing Director subject to certain conditions.
In view of the above, can it be said that the newly inserted Regulation is in contravention to Section 203 of the Companies Act, 2013.