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Shrikant Parulekar   21 February 2014 at 14:37

Partnership law

Me and my son are partners in a partnership firm. The terms of agreement say equal allocation of profit/loss and equal remuneration to both the partners. Capital is in 90:10 ratio. My question is, in legal terms are we considered as 50:50 partners or 90:10 partners? What is the shareholding of each of us? In case we sell/dissolve our firm then at what ratio the proceeds shall be distributed?
Are there any Court rulings?

muhammed rasik   20 February 2014 at 21:25

Education loan moratorium period

Sir/madam
I have taken education loan at 2004,loan principal amount 2.1 lakh. I have paid the total interest 1.1lakh. Now the outstanding balance showing 3.3lakh. In 2014 interim budget mr.chidambaram announced moratorium period for all education loan upto march 31. What does it mean? And please clarify howmuch I have to repay.
Thank you

muhammed rasik   20 February 2014 at 21:19

Education loan moratorium period

Sir/madam
I have taken education loan at 2004,loan principal amount 2.1 lakh. I have paid the total interest 1.1lakh. Now the outstanding balance showing 3.3lakh. In 2014 interim budget mr.chidambaram announced moratorium period for all education loan upto march 31. What does it mean? And please clarify howmuch I have to repay.
Thank you

satyadev   20 February 2014 at 17:29

Partnership firm business

dear experts i have query please reply to me
sir
our registered partnership firm business taken over by one of the partner but not paying my credit balance in firm account on date of dissolution ,i have sent him a lawyer notice also but he had not replied .
what remedy available legally against him to recover my capital amount in firm.

deed also has arbitration clause in it .
now our relation are also not good we dont talk.
please give solution

sudhakar s. yeradkar   20 February 2014 at 16:49

Procedure for filing complaint in the consumer court

Dear sir,

I have been purchased new bike last year which is still under warranty and time to time informed problems to the company and their dealers while conducting services. The manufacturing company has replaced few accessories as it was their fault. I have been sent several emails to them and in last two emails i have demanded for the replacement of bike or refund of the money with interest.

I would like to know...

1.Exact procedure for filing complaint in the consumer court.

2.Is there time limit for filing complaint from the date of sending emails/letters or notice.

3.Please advise name of the expert advocate from Kalyan,dist.Thane Maharashtra State.

Thanks in advance.



sandeep   20 February 2014 at 13:06

Acceptance of loans from relatives

Can a public LTD company accept loans from the relatives of directors.
If YES then what is the sections and Procedure related to that.

kanak jain   19 February 2014 at 12:49

Commencement of business

Please provide me resolution and explanatory statement format (commencement of new business as per clause 149(2)(a) of listed public company as per companies act.

Ragavendra   18 February 2014 at 00:12

Investment agreement

I am having a proprietorship business, one of my friend wants to invest capital of Rs.3lac in my business for period of time he wants agreement on stamp paper stating that i will be paying him interest monthly. My question to the experts is that, is this legal? and if yes than what amount of stamp paper is required and do same required to notaries and for what reason?

Sunita Jangam   17 February 2014 at 18:23

Lectureship

After completion LLB which subject should be apply for lectureship?

shailaja Shetty   17 February 2014 at 17:29

Recovery

How can I recover outstanding from debtor. I have Invoice copy, job completion report, Order copy etc