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Zahir Ahmad   15 March 2021 at 19:00

Resignation from the post of president including all members

Respected Experts,

The AOA was registered without election in my society. After 5 months, all residents are putting pressure for election to electe new team. Now what is happened, first AOA team including President has put their resignation.

Is their resignation valid ? they are not taking responsibility to conduct election. who has authority to conduct the election for new team ? Please suggest.. what should we do ?

PRASHANT ACHARYA   15 March 2021 at 16:22

Gift of immovable property

Can a immovable property owned by partnership firm gifted to Private limited Company????

Anonymous   11 March 2021 at 11:11

Oral agreement - violation by buyer - solution

Sir, our MD had a oral agreement with buyer to sell machinery for 1.50 lacs. We raised invoice with GST for 1.50 lacs. The buyer paid 1.00 lacs later he said that the machine is not running so he will not pay balance amount. But he has utilized input taxes. Even after repeated communication he is not ready to pay balance. How to overcome this issue. How to file case against him. Is there any legal support by msme for this type of issues. Thank you.

Anonymous   21 February 2021 at 22:38

Sarfaesi act - regularisation after possession


I have a mortgage Home loan with NBFC for 1 Crore. I have been issued notice to serve interest, however, I could not do the same. Now, on the day of physical possession ( before they came to take possession ) i paid the full interest outstanding of 18 lacs plus extra 2 lacs. However, they confiscated the property claiming they have the court order to take possession unless i pay the entire outstanding so, I need to repay the balance 80 lacs to avoid possession which i could not. And they got a written letter from me stating I must repay the balance 80 lacs within 30 days to avoid sale of property.
I have a question - Now that I have served interest, my account should be regular now. Can I file a case to take over my property?

Divya Saini   12 February 2021 at 17:31

Can we use a national flag in our logo or anywhere.

Just wanted to check can i use the Indian national flag in my company logo or somewhere in office space.
Please confirm.
for any further inquiry you can contact me for the same.

Thanks & Regards
Divya Saini

Manoj Behera   07 February 2021 at 11:40

Words not to be used in sole proprietorship

Hope you all are having a nice day.

My question is I want to start a sole proprietorship business, so wanted to know if I can give another trade name through which I run my business? Also would like to know what all words I cannot use for my trade name?
I know that I cannot use Limited or Private Limited company as it is sole proprietorship.
Hoping to get a quick affirmative response.

Thanks and Regards,
Manoj Behera

Anonymous   05 February 2021 at 20:22

Resigned voluntarily hr saying no for relieving letter

Hi ,

I am in canada and I have resigned the company from here .I was on intra company transfer .My contract has been terminated here and from here i got verification of employment letter .
But in india , they are threating that they will put claims on me if i will not come and join back . Due to pandemic i don't want to travel back to india so i have resigned already via email and also submitted in resignation tool .

How to get the relieving and experience letter from previous company .and should i worry if i join new employer without this letter .Will it impact during background check and how should i inform this situation to current employer . Please help here as this is giving me sleepless nights and worrying me so much ,

Anonymous   29 January 2021 at 16:32

Served a legal notice for switch to competitor company

I had been a part of a company in Bengaluru. All my life all I know is teaching on online platform keeping the point in mind to positively contribute on youtube to help provide free education to all.

My original agreement was to serve one month notice or surrender salary for it. They just kept making false promises by holding my raise and not working on it. My financial requirements and medical bills eventually mounted up higher than what they were paying me so I quit.

I put it on mail that I am willingly resigning and due to circumstances I could only serve one week of notice. I resigned on 15th but worked till the last week of that month and didn't take my salary for it.

Now they serve me a notice telling that I absconded even though I resigned and they replied saying my services with that company is terminated.

Non compete is something that cannot be enforced is what I heard. Section 27 or so. See, unless I move to a competitor and teach and stay in education, I will not be able to earn bread and butter. Its like slave labour saying I am not supposed to use MY SKILL later on.

The monitory impact from me teaching on YouTube for the companies does not lose them or make them money. Yet they want 10L in damages.

I find it absolutely meaningless with their goal to get me fired from the new organization just because I am really good at my job of teaching people for FREE.

Lawyers are the first guard of justice. Please help me with some advice here. In a tight spot financially and of course good chance I will be asked to resign from the current company due to legal headache.

abhijit majumder   28 January 2021 at 15:58

Resignation from the post of company secretary

The respected experts
One of my friend joined in a company as a Company Secretary . As per companies act,2013, for appointment as a CS the incumbent have to file DIR-12 to Ministry of Corporate Affairs(MCA). So she filed DIR-12.
She resigned from that Company on 11th November,2020. Board accept her resignation. But still today the company has not filed DIR-12(for resignation of CS).
In spite of repeated reminder the company take no heed on that issue. They are just saying that only after finding a suitable candidate they will file DIR-12 to MC for resignation..
My query is what legal steps she will take against the Company?
Abhijit Majumder

Anonymous   23 January 2021 at 20:08

Fdi-fema act

We  Established a software  company with two resident indian shareholders ( 99%  and 1% each one respectively). This software company has a 100% wholly owned subsidiary engaged in fdi not allowed agricultural and  construction of  farm house business. Now One of my Shareholders who had 1% willing to sell shares to Foreign Residents through FDI.In these circumstances, Is  FDI allowed in a software company which has an FDI prohibited subsidiary company?


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