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Seshagiri Viswanatha Rao   30 April 2010 at 07:39

Demand Drafts Time expired

Sir
Two Andhra Bank Demands Drafts for an amount of Rs.90/- and Rs 200/- in the month of July and August 2009have already sent to the Sub Registrar concerned for supply of certain information under RTI Act The bankers have confirmed that he demand drafts earlier sent by me have not been prersented till day The time limit of six months have already expired and the amount have not been credted into Govt account kindly advice in the light of RTI
S VAIWANATHA RAO

Abhimanyu Pathania   29 April 2010 at 20:24

Wrongful Termination of Employment

Hi. I believe my issue is a case of wrongful termination of employment. The background of the case is provided below.

I worked in the Pune office of a pvt IT company, headquartered in Philadelphia U.S. I had joined this organization in May 2008. The way the hierarchy is structured in this company is that your growth within the company (your performance, appraisal, promotion, etc) is monitored by a 'mentor'. I was assigned a mentor from the US office about 6 months back. This person was not fair when it came to assessing the performance of his mentees from the global offices (offices other than in the US). 2 of his previous mentees had quit in the last 6 months as they were not treated fairly by him and deprived of opportunities to grow within the company.

My experience with this person (my mentor) wasn't any different. In spite of being the best performer within the whole group my work wasn't given the recognition it deserved and hence I decided to leave the organization. I had submitted my resignation during this month and my last day was decided to be 11th May 2010.

As part of a quarterly process, I had filled an anonymous (as claimed by the company) feedback form on my mentors performance. There was one point in that feedback that clearly mentioned that he wasn't doing too well as a mentor and needed to improve his performance as one. I think this, coupled with other facts like I was one of his 3rd mentee to quit in a relatively short period of time, disturbed him a lot. He then used a 'situation' to have my employment terminated today.

We had an online meeting with people from all offices logging into a common application using a 'guest login'. This person, my mentor, was the organizer of the meeting. I tried logging in twice using 'Osama Bin Laden' as my guest login-id but he denied those 2 requests. The 3rd time I used my own name and was granted access to the meeting. He used this instance very cleverly and reported this up till the global HR head, who then took a decision to terminate my employment today without giving me any warning/opportunity to express my views. The message conveyed to other members of the team is that I was fired due to 'unprofessional behavior'.

I feel this is a case of wrongful termination. I had been continuously the top performer in my project and never received a bad evaluation from any of my co-workers during my 23 months with the company. I believe the incident mentioned above was just a frivolous excuse to terminate my employment.

Can someone provide me some guidance on this case? I am considering taking my ex-employer to court on this.

Thanks,
Abhimanyu

Paola Laghetti   29 April 2010 at 11:24

SHAREHOLDER'S ANNUAL MEETING

Dear Sirs, first of all I want to thank you for your prompt and precise replies you gave me.
I have another question: according to the Tamil Nadu law, where the company is established, all the shares holders must informed and invited to the annual meeting for the approval of the balance ?
Thank you once more for your cooperation, I remain.
Peter

shyam   28 April 2010 at 16:03

propritorship registration

hello sir
I want to open a propritorship. i know their no req for registration but how to open bank account and another is my turnover come under VAT eligable so i want to know how i process this formalities. i want to know where i can register my firm and what document req
I hope sir last time u give me a answer i satisfied thx for this .
Now also i expect u answer my query and help me to start my firm (my business to Lunch and food suppli)
Thx

Anonymous   28 April 2010 at 08:28

drt/securitisation acts

1.If rehabilitation proposal is pending with bank,can the bank move for recovery proceedings as per the above acts?
2.The decree awarded by DRT to bank has been set-aside by DRAT and trial has begun again.Bank has proceeded under securitisation act.In such a situation what remedy is available to the borrower in view of the fact that debt is yet to be
adjudicated/crystallised by court of law ?
3.A damage suit is pending at the civil court against the bank but yet to be heard by the court.Can this be filed in DRT at this stage when initially it was not filed alogwith the WS.Since the DRT is again hearing cross examination and that DRAT has set-aside earlier decree is it possible now to transfer the damage suit to DRT ?

S Padmanabhan   27 April 2010 at 17:21

MRTP Act - Reg.,

When we are selling to the retailer can we give them Cash as a gift which is packed inside the article which he is intend to purchase. Is it allowed as per the MRTP Act?

amol   27 April 2010 at 15:40

FEMA

Can a Legal Practicner appears on behalf of its client before the Assistant Director in response to the notice issued under section 37?

Anonymous   27 April 2010 at 15:30

transfer of Trade creditors by company to individual

Sirs,

Can a Private Limited Company transfer it's Trade Creditors to an Individual? [company being a going concern]

is transfer valid under the law???

if yes under what section / Act Governing...

is there any judgment?

how the transfer to be effected...

if the creditors do not object the transfer, what are their rights against Company and against Individual.

Thanks &
Regards

Alok Arora   27 April 2010 at 13:18

Mortgage of Property to Foreign Investor

Our company is seeking an investment of $1.9 Million from a Korean investor. As a collateral security we wish to mortgage office at MIDC Andheri East Mumbai (market value $1.4 Million). After 3-4 years the mortgage rights will be taken back as the company reaches its performance goals tne investor no more considers the investment as risky. Can this be done legally? What if the Korean investor sets-up a wholly owned Indian subsidiary and this subsidiary makes the investment and/or takes the mortgage rights?

Sincerely appreciate the help.

Anonymous   26 April 2010 at 14:53

SELL OF MY SHARES

DEAR SIRS, I'M ITALIAN AND I'M A 20% SHARE HOLDER OF AN INDIAN COMPANY.
RIGHT NOW I WOULD LIKE TO SELL MY SHARES TO MY PARTNERS, AND THEY AGREED TO BUY THEM.
HOW WE SHOULD CALCULATE THE REAL VALUE OF MY SHARES ?
THANK YOU FOR YOUR PROMPT REPLY
PETER