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md ismail   23 March 2015 at 23:47

Misrepresentation and fraud

Iam from hyderabad. After the expiration of hosting service for renewal i opted a new service provider as earlier company was asking higher amount for renewal. On last week of feb 2015 i contacted "manas hosting" a bangalore based company for website hosting and website migration service. Once the sales team got my number they called me day and night repeatedly for one week giving offers. I accepted their offer of 5000 for 15 years hosting service + 3000 for websites migration from earlier hosting co. To manas hosting. I paid them through net banking on 3rd march. Once i done the payment they started avoiding me. Daily im calling them again and again but no one is completing my work or assisting me. When i call they ask tickect no. Then ask to give 2 mins or 30 mins and they promise everytime that they will call back but never call. Sometime tell me that their technical person is went for lunch, sometime tell they are in meeting, sometime tell it will be completed in 30 mins and also tell that their internet is not working. When I ask to give phone to manager or talk strictly they just drop my calls. They are now just not lifting my calls. I paid them total 9000+. When i read their reviews over internet i came to know that there are hundreds of similar cases. I want to file a police complaint. But i want case to be solved in hyderabad not in bangalore. Its now 23days of my payment. My websites are down, not getting any emails because of that domain expiry. Because of sites we are unable to market also. We want to claim our money back and damages for fraud and damages for loss of business and for mental torture...please assist me...thanks in advance

mahesh kadam   18 March 2015 at 20:36

Regarding directors remunerations

plz suggest me that how much % of company's prafit directors can use as remunerations for directors from company

michaelrao   18 March 2015 at 12:11

Disqualification of director

Respected Experts,

Require your guidance in the below quandary:

Can a director who has been disqualified because the company fails to file the financial statements or annual returns, or fails to repay any deposit, interest, dividend, or fails to redeem its debentures, as specified in sub-section (2) of section 164 of the companies act.

my question is if he makes the required remedial measures corrections can he be reinstated as a director during the 5 year ban period applied on him.

your assistance will most graciously be appreciated.

Tushar Shashikant More   17 March 2015 at 11:33

Partnership deed for medical stores

Dear Respected Sir,
I am requesting you to please let me know a draft of a Partnership Deed for Medical Stores. I shall be very heartly thankful to you if you please provide me a draft Partnership Deed for Medical Stores.

advbhosale   16 March 2015 at 20:08

New directors / shareholder agreement.

A is 33.33% shareholder in a company of two directors (indirectly 1/3 owner).
A wants to grow up directors business by crores of rupees and wants to increase capital every year Rs. One lakh till five years. Condition is that if such target of crores of rupees achieves than remaining directors shall pay appropriate profit (1/3 share equally) and if target does not achieve then A shall retain shares with him till five years and return it after five years. (i.e. agreement period is five years.)
My question is
1. what agreement we need to prepare? i.e. Shareholding agreement or MOU? Or only Simple agreement.
2. Whether such agreement required to notary or register before Company registrar?
3. What is the legal enforceability of it?
Experts are requested to guide on this.

Nishant Chaudhary   15 March 2015 at 12:35

Company seal

Hi Guys,

I have to create the company seal for appointment of first auditor but I am a bit confused. Do I have to create a company Seal (One that gets embossed on paper) Or can I just create a Simple RUbber stamp?

Also what information needs to be on company seal?

hdshardik   14 March 2015 at 18:52

Notice of winding can be used as media to collect fund

can a registered firm sue private co for outstanding dues which is good in amount by giving winding or liquidation notice? my fathre has tried by many follow up an dmeeting with person . but no resposible person is coming to talk . my father is fed up . so we got a advice from Friend that inquire whether you can give winding up notice to your party to whom sell the goods ?

is my friend advice can help me ?

Vidhi Dipak Patel   14 March 2015 at 17:57

Query on date of partnership deed

Date: 14/03/2015

Dear Sir/Madam

Please let me know that Is it possible to have the date of commencement is before then the date of partnership agreement and if the answer of the above question is YES then is it possible to have different date of stamp on which partnership deed is printed?

Anonymous   14 March 2015 at 07:59

fraud case

I have firm in punjab .my firm is partnership firm .I have deed for same .I have one office in haryana also so I always busy in haryana office.my partner took my all money and material of 4 lac and disappear .his Phone is switch off.now what kind of action I can take against him.

yatharhpan   14 March 2015 at 06:52

Pvt. ltd. co share holding

Dear Sir,

My mother expired in 2005.she was one of the directors of pvt.ltd.co. Her shares were in joint names of dad and two sons .same case with my dad's share. Both expired without WILL with shareholding in joint names of 2 sons.

How to effect share transfer. And legalities to be taken care of?

Regards