oracle24
12 November 2017 at 08:27
Hi,
I had formed a pvt ltd co. with another person and we were 50-50% shareholders and we were the only 2 directors. Now he has taken full time employment with another company and is not cooperating to run the company. He has asked me to stop operations of the company. However, I want to continue with the firm. Do i have any recourse by which I can continue the company.
Anonymous
11 November 2017 at 23:43
hello all,
A private company having 5 directors. say "A" and his son "B" and "D" and his sons "E" and "F". A and D are bothers and both of them holding 50%-50% shares of the company. now the dispute arises between the two families say A and B (father and son) on one side and other family D, E and F( father and 2 sons) are on other side. My queries are as follows :-
1. Mr. A wants to add his wife say "G" as director of the company which will result in 3-3 directors of both the families in the company, but D,E and F are opposing for the same. now what should be done in this situation and whether sign of all the directors needed in resolution for adding a director????
2. Presently either of A, D or E is the authorised signatory in the bank. now D and his family wants to change the authorised signatories as :- A and either of D and E.........my question is that whether sign of all the directors needed in resolution for change in authorised signatories???
Please remember that A and D are only shareholders of the company with 50-50% share holding.
Waiting for reply
thanks in advance
Saikuwmar
11 November 2017 at 17:48
what is the procedure to start a public limited company with limited members of 2500 and collecting investments of small amount 200-1000 as recurring deposits from the group members and investing the the collected amount in different sectors. and and giving the profits after the time completed or as of the investor need.
I am startup and i don't have any securities with me and how to move forward to start this type of company.
Thanks in Advance
Saikuwmar-Andhrapradesh
8125535255
purav
11 November 2017 at 14:54
HI I HAVE A INSURANCE AGENCY IN GENERAL INSURANCE "PSU" COMPANY. SINCE AUGUST 2017 THE COMPANY HAVE NOT RELEASE MY COMMISSION. AFTER FOLLOW UP SO MANY TIMES THE NASER IS THERE IS A IT PROBLEM. BUT TILL NOW NO RESULT FOUND. I HAD COMPLAINT FOR THAT IN REGIONAL OFFICE BUT THEY ARE LINGERING MY PROBLEM. BEFORE A WEEK I COMPLAINT I HEAD OFFICE BUT NO ANSWER FROM THEIR SIDE ALSO. PLEASE SUGGEST WHERE TO COMPLAINT FOR THE SAME AND WHAT TO DO?
Read more at: http://www.lawyersclubindia.com/experts/experts_display_list_by_category.asp?cat_id=9
Sunil
09 November 2017 at 21:44
During apply for govt job if there is no need for experience certificate ..
Should i mention my post experience if i am removed from service...
brabourne
06 November 2017 at 23:16
So, I have been working at a small technology company since two years now.
For the 1st year i received training(Cost from my Salary 1.5lacs) and worked at the same company..
For the 2nd year i was outsourced to a bigger company.
The SLA is of 3 years and consequences are an amount of 1.5 lacs.
The non compete states that i cannot join their client.
Will it be against the companies agreement if i leave to join the bigger company (although i am paying the service agreement amount and i have no trade secrets of the company).
Ravi Jindal
02 November 2017 at 17:16
We are running a company and this company owns a successful brand.
Recently, some development happened with another company working in same domain. We mutually discussed on our future perspectives if we go ahead with partnership.They offered us following things
1. They will work as technology partner of our company (tilll now we are outsourcing technology) and invest Rs. 1 Crore in next 1 year as strategic investment. In return they don't want equity in the company they want to co own the successful brand.
2. They want 51% ownership of the brand, its IPR and right to decide.
3. They will deduct their investment on monthly basis, means they will get the profit(if any) and investment also from the revenue.
4. They have the right to terminate the agreement but we don't.
5. If in any case any party want to leave the brand, second party will automatically become the owner of that brand.
There are many more such clauses which are inclined toward that company and its like that they want to own everything in return they will provide technological assistance with investment.
I want your guidance regarding this
Anonymous
01 November 2017 at 17:22
We are running a company and this company owns a successful brand.
Recently, some development happened with another company working in same domain. We mutually discussed on our future perspectives if we go ahead with partnership.They offered us following things
1. They will work as technology partner of our company and invest Rs. 1 Crore in next 1 year as strategic investment. In return they don't want equity in the company they want to co own the successful brand.
2. They want 51% ownership of the brand, its IPR and right to decide.
3. They will deduct their investment on monthly basis, means they will get the profit(if any) and investment also from the revenue.
4. They have the right to terminate the agreement but we don't.
5. If in any case any party want to leave the brand, second party will automatically become the owner of that brand.
There are many more such clauses which are inclined toward that company.
I want your guidance regarding this.
Ramesh
17 October 2017 at 00:18
Hi Sir,
I joined in a MNC company on 10 Aug 2017, after 15 day I came out with out working my notice period. No one asked me about notice period at that time, I handed over ID card ,informed manager properly and took network admin approvals all done legally. But now the financial HR send me a notice (Hard copy), In that notice they asked me to do the final settlement ( 3 months salary) before 20 Oct 2017 other wise the company shall initiate legal proceedings/action against me. I did not taken even one month salary and at that time of revealing no one asked me to serve the notice period. Can I serve notice period now instead of paying the money.
Could you please send me any suggestions for this issue.
Thanks,
Ramesh
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Introduction of land by partner in partnership firm as capit
A partner introduce a land (which is registered in his own name)in an unregistered partnership firm as his capital contribution in the notarized partnership deeds(unregistered). By doing this is the land consider as a Firm property or still it would be remaining in his property (as firm and deeds is Unregistered ).