Anonymous
27 March 2010 at 12:13
Dear Friends
I had taken a frnachisee of a reputed company in Aug Last year. The agreement clearly gives exclusive franchise right in my city to me and a right of first preference in case of opening any new center in the city to be given to me.
Now the company has violated the agreement by continuing the old franchisee which was declared as closed (gien by company in writing to me)and transfer of students at the old franchisee.
Now i filed a case u/s 9 of Arbitration and reconciliation act.The case is lingered on by the defendts by ajdoujnments. what other remedy is available to me? pls help
Sumon
26 March 2010 at 21:04
i have purchased an cd containing
Supreme Court judgment from 1950 to 2000.
I have had a conversation with the owner of the company who published the cd and he asked me to become his agent in east india.......now my query is wheather such publications of judgements on a commercial basis is an offence on the eye of law or not?if yes then under which act?...please reply to my qyery as soon as possible...........i need to know..........
Thank you in advance
Anonymous
26 March 2010 at 10:54
Dear Sir/ma'am
The Facts are as follows:
Company A (Indian Company) is subsidiary of B Company (Foreign Company).
A co. has many Companies as group Companies.
B Co has appointed a delegate in India to supervise A Company and A Company's group Companies ( Entire Indian operations). That delegate is appointed as the Chairman for A Company and its group Companies. All the Companies are Public companies.
Query:
1) A Company wants to lend money to its group companies. Will the Section 295(1)(e) of Companies Act 1956 be applicable in this situation?? please help me with case laws.
Thank You.
Regards
nishad
25 March 2010 at 20:39
Dear All
A company has availed a ccol- 50 lacs,PC-20 Lscs, and FSL-50 Lacs.The charge was created on the immovable property of the company in ROC for 120 Lacs[aggregate of all facilities]
Subsequently, under instructions from HO, the exposure of the company was reduced to 80 Lacs.Thats is done by reducing CCOL limits to 20 Lacs and a fresh OD account was granted for 10 lacs.Now the aggregate limit is Rs.100 Lacs.There is no change in the security.Now my question is should we make modifications in the ROC as regarding the new facility ie: OD of RS.20 Lacs,though the overall exposure is less than the amount which was originally refistered with ROC.
Please advise at the earliest
Heaven 2011
25 March 2010 at 13:13
Respected All,
Kindly tell me what is the Transfer date and what is the effective date for the amalgamation within the meaning of section 391-394 of the Companies Act. Further what would be the right exposure for a in house Corporate Lawyer in such work. I have been entrusted with the work to prepare the scheme, notice to the share holders for general meeting, get the same approved by our learned lawyer, and to represent one company in the general meeting to be held in next month. Is it sufficient exposure for me? And regarding the application for Court order, for exchange ratio of shares etc can i have an entrance into the same being a qualified (non registered with court) Lawyer? Kindly advise.
ramesh
25 March 2010 at 12:21
Dear Sir
as per the above subject my client was doing facility management business as proprietor he has appointed a person to do the business this person only looking 40% of profit out of 100% & he will not invest any capital or he will not bare any loss. for this i need particular format
please provide the same.
Ramesh
sudhir jain
25 March 2010 at 11:13
i have send legal notice of recovery to a pvt ltd company based in bombay and one branch office in delhi.
legal notice has been received by bombay office.
i came to know that delhi office has been closed.
as i was planning to file recovery suit against the company but under apprehension that it will cost a lot and in case suit is decreed it has to be executed in bombay.
and in case i think for winding up, company might be registered in bombay, so the same would lie in bombay high court.
kindly advice shall go for recovery suit in delhi , while keeping in view that delhit office is still existing .
Anonymous
24 March 2010 at 22:14
One of my client is going for conversion of partnership firm into a public company. The problem is the deed of partnership is not yet registered. pls give me the solution and also a checklist if any for the documents to be attached to Form 1A, form 1, form 18, form 32 and any other forms to be filed with ROC.....
Ritika ahuja
24 March 2010 at 18:09
What is a leave petition filed by a company. When and why does a company file it.
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Friends,
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