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Abdul Razique   09 September 2017 at 04:03

Health Insurance Startup

Hi friends, I want to enter to insurance sector. I already have a 5 years old registered company.

Can anyone please let me know, do I need any specific registration or document to add a Health Insurance Section to my company as one of our product.

I tuned Google and found IRDA monitors the Insurance sector in our country, I studied a lot on its portal but couldn't find the requirements to start the business.

Waiting for your positive response...
Regards

Shivani Kapur   08 September 2017 at 20:23

Conversion of partnership firm into subsidiary of pvt ltd co

Dear Friends
Please guide me
I want to know if a partnership firm can be converted into a subsidiary of a Indian private limited company.
What is the procedure please guide me.
Plz help i will be very thankful to u.


Shivani

RBN   07 September 2017 at 11:27

Company is troubling me after resignation

Dear Sir/Madam,

I have resigned from a Travel BPO on 22 Aug 17 as a Team Leader .

The company asked me to go on paid leave from 24th Aug 17 .I requested them to allow me to come to the office or relieve me so that I can join the other company as soon as possible.But they denied and asked me to wait till one month.
It was very humiliation for me as I was a loyal employee for more than 13 years and the way they behaved towards me was very pathetic.
I managed to record all the conversion with HR department as there was no written proof of granting paid leave from HR dept.

Apart from this ,There are various basis issues not provided by the company.
a) Though the toilets and water cooler are there on all the floors but for toilets and drinking water,The employee(females or males) has to take break ,its comes under their break timings which is one hour of total productivity hour(9 hours)of an employee .
If an employee exceeds the break timings half day salary is deducted from his salary.
Because of this urinary infections/stomach infections are common among all employees.

b) 4 days deductions of per day salary is there if an employee takes leave on any National holidays or Gazetted holidays or election days.The deduction mail sent to every employee one day before of the holiday.

c) 2 to 3 days salary will be deducted If an employee takes unapproved leaves on normal days.

d) Due to cost cutting ,Proper lights are not provided during the working hours between 0600 pm to 0600 am.
Only half of the lights are provided to the employees during night shifts due to cost cutting.Most of the employees has health issues related to eyes.

e) Gym is provided but they charge Rs.500 if anybody uses it.

f) During Night they charge Rs.4500 for dropping any employees(female or male) who avails companies cab facilities.
All the things are there on my official email but they are not allowing me to get inside the premises.

Due to fear of losing the job I never complaint about this to the HR dept.as I am the only earning member in family.

Sir/Madam, Please advise what should I do as they are not picking up my calls and not replying to my mails also


Sincerely Yours,
Ramesh Nair
9818899204

minsal   05 September 2017 at 17:49

Company petition

Sir/s,
I have filed a company petition before the Hon'ble Mumbai High Court. The Said Petition was transferred to NCLT but as I am not aware that in transferred matter, the High Court has fixed a time limit up to July 2017 for service of Notice through tribunal. unfortunately that period is lapsed and on adjourn date due to unavoidable circumstances I was unable to attend the matter and my matter is dismissed for want of prosecution. I then make an application for restoration and Hon'ble Tribunal directed me to serve the notice vide form No -5 and my restoration application kept pending but in order nothing is mentioned about the same and the matter is simply adjourn to 15th September 2017. When I attended the office of NCLT for submitting the form No. % the registrar refused to accept the same stating that without court's order hi will not issue the notice vied form No. -5.

Sir/s, Please help and guide me what should I do? I am new to NCLT and this is my first matter and it's damaged like this. please help me to sort out this problem.

thanks in advance.

Suraj Vishwakarma   03 September 2017 at 13:01

Companies neither giving sale commission nor giving response

Dear Member, One of my friend have took sales agency from Company which is listed into stock exchange, the income is generated through sales commission. All the Invoicing part is directly through companies server and the earned commission is directly deposited by the company into e-valuet open by the company on it's server. The account was open with the company as partnership account and My friend has deposited huge amount of money says 10 lakh directly to companies account from his personal account and the other partner has invested only 50 thousand against which company has issued goods worth Rs.20 lakhs (10.5 lakhs against payment and 9.5 lakhs against promotional credit) but from starting of it's companies has sold less goods against delivery challan for which my friend has sent mail. Know the problem is the partnership is in dispute and other partner took all the goods at his place and he has changed all the id password and contact details with the company. My friend has written letter to the company to stop all transaction and to recover the goods from them but companies person helping the partner and still the business is going on. Company is not giving any reply for letter nor they are responding on mail and phone calls the companies has deducted TDS also but not filed any of the return. Please advise how i can complaint against companies misbehavior and fraud and how i can recover the money from the company. it would be appreciated if got to know how i can recover goods from the partner (the partnership firm is unregistered). Please also advise how i can appoint arbitrator to resolve dispute between partner. Partner is not ready for any arbitration.

Your valuable advise will appreciated

Punit Gupta   02 September 2017 at 21:45

Partnership of ngos

Can 2 different NGOs registered as society, form a Partnership togather to run a school, whereby the management will be handled by the jointly by the partnership.
Case is:-
There is a school named*********** and 2 different NGOs are AWEWS and Aurora, which are registered as society with the concerned authority, have jointly founded the school and are willing to form a single entity which will be jointly owned by these 2 NGOs and a team of academic and administrative has been put in place and the management is to be controlled by any single entity, which in turn is be jointly owned by these 2 NGOs. Hope I made my point clear. Looking forward for your response.
Kindly enlighten with your wit.
Thank you.
Regards

Dhanashri   28 August 2017 at 10:45

My epf account name is wrong

My EFP account's first name is wrong it has got changed with the other former employee in my office.Her account is not in activation now.Account shows my account number, my surname but it shows the other lady's name.
When I given application to EPF office they are saying it is not your account.
Please advice what I should do in this case.

NAYANMONI   24 August 2017 at 22:54

Priority sector lending under rbi

Dear Sir/Madam, I want to know whether commercial banks operating in India are bound to abide by each and every rule prescribed by the top bank (RBI)? i have seen many banks don't provide any loans under priority sector lending policy like MUDRA and CGTMSE even though there is a clear mandate from RBI that they should.what action can be taken if a bank don't want to talk to a customer from priority sector lending policy who wants to stand on his own feet by setting up a business? my next question is if my CIBIL score 800+ and all my documents are in order and bank don't want to give me any loan under priority sector lending policy, what action can be taken against in this respect?

Devaraj   24 August 2017 at 18:46

Is it crime to sell spy camera items , even if I give bill

I want to start selling spy camera items , how would it is a crime if I give proper bill to the consumer and take his Id proof for our reference ,

Krishna   24 August 2017 at 13:15

Bank mortage vs personal property

Hi I am a Managing Director of A pvt ltd company Which has taken a loan from a Nationalized bank.Due to Heavy loses in the Industry ,the industry was not able to pay back the loans.The account was declared as NPA by the bank one ago.Industry property and Lot of Other Urban properties were mortgaged for the loan in the bank. Bank eAuction Process is going on. Bank valuation on properties much lower to market value which created recovery gap. Bank filed a case to acquire personal properties of directors. Could you guide me how do I safeguard my personal property.

My personal property which I was referring not mortgaged to the bank but title documents are lying with Home loan department of same bank in other state which they have hold documents due to internal communication about the bank dues.

Could you guide me how do safegaurd my property and get the documents from the bank?