Anonymous
15 January 2010 at 11:32
Dear Experts
My query pertains to a clause in the Distributorship Agreement which reads as follows:
The Company shall not enter into agreement with Sub - Distributor/s on an independant basis during or after termination/ expiration of this Agreement with Distributor.
Please note :
1. Sub- distributors are independant dealers to whom the Distributor sells products purchased from Company.
2. The relation between Company and Distributor is on Principal to Principal basis.
I request answer to my following query:
1. Legallity of such clause in the distributorship Agreement vis a vis Contract Act.
Regards
Prashant Kothari
15 January 2010 at 09:07
Dear Sir,
working as Job Consultant having good banking track record but unfortunately when i started business in 2004 taken one loan from SBBJ bank or due to financial crisis was not able to repay 50,000/- Rs but as my business grows recently before 1 Yr cleared all amount in my loan,But this bank manager is not giving me no dues certificate or NOC.
Please give me suggestion that how i can take action against this bank manager or how i can get my NOC letter.
RGDS
Prshant Kothari
MEHTA KETAN P
14 January 2010 at 14:27
SIR,
I IMPORTS INDUSTRIAL SEWING MACHINES AND SPARES FOR CHINA.
CATEGORY UNDER IMPORT IS 84.52.30.90
CUSTOMS SAYS THERE IS NO NEED FOR M.R.P
UNDER YOUR SECTION .
BUT VIGILANCE DEPT FROM M.R.P SECTION
IS NOT SURE FOR THE SAME .
PLEASE HELP
THERY HAVE COLLECT MY SAMPLE AND ASK FOR EXPLANATION
ABU FATEH
13 January 2010 at 07:14
Hi
I have some shares pledged against as security in my bank.The bank had earlier cancelled the lien mark.What the bank has is old share certificates.Those share certificates are no more valid. And I have the new share certificates.In this context is it legally correct/possible to sell my shares without the banks consent?
Raja Rajeswari S
12 January 2010 at 17:38
Dear members,
LLP is to be started in India for exporting engineering products . A foreigner and a NRI wants invest in LLP by making 45% of the capital contribution each in LLP.The remaining capital 10% is to be contributed by Indian investor.
1) Is the investment allowed under Atuomatic route of FDI ? If so, kindly let me know the RBI notification/circular which allows Foreign investment in LLP.
2) If the investment is not possible, how can they bring in the foeign funds. they do not want to form a a pvt company? ( The Indian investor being the working partner with only 10% of capital contribution wants a share in the profit , hence he wants LLP form . If it is a company, he will be eligible only for dividend and fixed remuneration and so he doesnt prefer company form of organisation)
2) Can they repatriate the amount invested?
Kindly do clarify.
regards
RAJA RAJESWARI S
Anonymous
12 January 2010 at 17:36
i want to get a money lending licence. In mumbai who is the authority(registrer)? Where is office and what are the procedures if u can guide?
Raja Sundarraman
12 January 2010 at 15:56
Respected Learned Friends, My Client , a property management Company ,is going to indroduce a Scheme under which the rent received towards the monthly rent received by them from the prospective tenant of the Flat will in turn be given to the owners/ their clients by way of Gold Coins once a year instead of cash payments. Whether this Scheme will be construed to be a kind of Gambling ?
Anonymous
12 January 2010 at 07:06
what are the provisions affecting the issue of sending notice on behalf of internation clients .
Anonymous
11 January 2010 at 22:40
what is the necessary features required to prepare a credit note?under which law? whether any particular format given in any law book?
thanks in advance.
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