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welcomeoncloud9   15 June 2011 at 01:51

private limited company

Sir,
what are the liabilities of director of Pvt ltd Company after resigning from the company and when no tax yet filed by the company and new director is already on the board. is the Movement of the Money from the companies account will be answerable by old Director, when old director has sold the shares and resigned from the company totally. Notarized agreement is signed between the director who remained on the Board and Director who resigned from the Company by saying all the liabilities and responsibilities is taken by Director who remained on the Board. Does it relives the old Director of any liabilities towards the Company? also share have been sold to the Directors Nominee and the Money is Transferred from the Company's account on to Personal account and given to the Director who resigned. is this legally safe ? and all the transfer has been done without the Knowledge and acknowledgement of the Director who resigned.
kindly help as the case more complicated!

Thyagarajan   14 June 2011 at 20:01

Tution

Dear Members,
For sometimes, 5 years in period, one of the owners of a complex with 177 others, was helping school students in the complex and outside to fare best in +2 stages. The parents of the students more out of appreciation of the coaching than on demand by the one, who offered the help, gave monitory benefit.
One of the other owners of the complex aggrieved by the coach getting wealth took it up with the association of owners that the flat of the coach has been used for commercial benefits, the common facilities like lifts are being misused by visiting students and more seriously causing security problems. He managed to get 50 odd other owners to partly agree with him. During General body meeting a resolution was passed seeking the coach to stop his work. The coach bowing to the pressure ensured no students tern up to his flat for academic year 2011-12.
However much to the annoyance of the coach to test whether the coach has put his commitment in action , the Association put a security guard to get entry in a book all those who wanted to go to his flat. The coach protested this is interfering in his privacy and those who came to the flats are his guests only. The Secretary refused to withdraw the book and the coach has approached the police. The police called both the coach and the Secretary for enquiry. The out come is still awaited.
In what capacity police can interfere in this matter? Was the aggrieved person’s action, to stop coaching that went smoothly for 5 years , motivated by jealousy?

Karuna GS   14 June 2011 at 19:11

Regarding Starting a restaurant business

Grettings,

My self Karuna GS,Salem - TamilNadu. Here i have a query that what are the Do's and Don'ts for opening a New restaurant because i'm going to in-source and out-source my products. The Category are as follows [ Vegetarian, Non-Vegetarian, Beverages, Liquor ]. Kindly Guide Me. Thankful to You..

Anuraag Radhakrishna   14 June 2011 at 16:40

NBFCS

Can NBFC's and CIC's collect income through management consultancy services?

ganesh   14 June 2011 at 10:29

payment of old bills

sir,
i am a building material supplier my client has not paid me since 1996 how do i proceed to get my payment

Anonymous   14 June 2011 at 01:25

business fraud









Hi to my expert lawyers friends..
i am owner of a small business.i am being fraud by one of my employee.he was working in my company from last 7 years now he left my business and start his own new same business and he have contacts of all my customers now he's doing direct dealing with them.could you please suggest me some solution for that.how can i stop him to dealing with my customers and if i cant then please advice me some steps which i should take to avoid it in futur....

appreciated















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Madhukar Anand   13 June 2011 at 20:45

Reply of legal Notice


Dear all,

My question is about replying legal notice.

Is it compulsory to reply a legal notice via lawyer / advocate only. Is it acceptable that if i reply the notice by my self. with all denies and acceptable.

A legal notice have been served to my door step ( with 403, 404 , 405 , 420 ) via lawyer .

I am well educated and mature business person. And as a fact i am confidence enough to puncture most the claimed mentioned in notice point by point. In fact i wanna present my self even in court , as the lawyers seems to be very expansive these days.

awaiting for the reply.



Regards

Anonymous   13 June 2011 at 19:44

Fraud an scammers i

Hi All, Unfortunately i have been victim of fraud cases even with one of my regular supplier. It concerns international buzz transaction. Now i have a dispute and want take legal action toward this company.

Im looking for a lawyer/advocate at reasonable prices who would like to take and defend this case.

Please mail me,
thank
Zerien

Anonymous   13 June 2011 at 19:36

Partnership

Where in Maharashtra can we find complete list of Partnership firms?
Whish websites maintain the database.

Anonymous   13 June 2011 at 15:55

Disinvestment in foreign subsidiary

Company A is an Indian Listed Public Limited Company. Company B is a wholly owned foreign subsidiary of Company A. Now Company A is willing to disinvest in Company B and wants to remove it from the list of subsidiary companies of A. What are the compliances to be done under Companies Act, RBI Act, FEMA etc.? Please advise. It is urgent.