Decode Ballistic Reports Like a Pro. Register Now!
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Anonymous   02 February 2014 at 10:23

removal of director

Hi Sir,
we have private limited company, we are 4 directors.me and my brother holding 60% of the company and other 2 directors had 20 & 20 %. So now one of director has getting projects frombehalf our company and he didn't give any money to a company.instead he is getting own profits, he was not supporting the company.
Now I would like remove one director.. Another director was supporting him. What are options does I have to remove him. And what are the options oppose the board. Can we remove him with my 60% holding share(2 directors)..

ABC   31 January 2014 at 22:39

Notional profit claim allow in arbitration

Dear
sir
I want to put my claim with notion profit
in arbitration department of stock exchange
so my query is my claim is allow or not
as per arbitration act

Damodar   31 January 2014 at 00:57

Winding up petition

Notice for winding up giving time for 21 days i.e. 3 weeks was given 1 year back still the debt is not paid by the company. so can i file a Windning up petition now without giving any notice? If yes provide citations too.

Ashraf Ali khan   30 January 2014 at 09:36

Recovery of loan after demise of guarantor

Respected sir/sirs, my father started a factory & procured loan from ksfc .He was given loan on personal guarantee & he did not have anything to pledge. We have not inherited anything from him. Now the case is gone against us in lower & high court stating to be recovered from his children. We are neither guarantor nor inherited anything whatsoever.. how do we defend this action & what is the solution. Please help & give your most valuable advise. Thanx

Rohit Arora   30 January 2014 at 00:02

Consumer court

Sir , I hv bought a LED . I given the model no of ONIDA LED tv to my known from where I m buying the electronics goods all the times. The cost of Onida asked from other shop was 25000. My known shopkeeper was not a dealer of Onida but he asked me that he will arrange for the same @ less price. He took the money of 9000 and for rest he swipe my bajaj card and filled the form and taken my sign on that along with a blank cancelled cheque for ECS of EMI to bajaj finance. On delivery I found that it was a 3 D of Videocon and I approached to shop for wrong item delivery . He asked me to watch for some days I am arranging the said ONIDA LED. 2 day after I got a confirmation call of buying Philips LED finance. I again appriched to shop and he told me that this is our internal with bajaj so no worry abt that. Now after 20 days I am unable to get my selected LED. Now I come to know that the 3D whixh is sent to me is costing me 38000. By which my budget is disturbed. Now dealer is asking that he will not change as he has sent all formalities to Bajaj finance and on good faith I hv signed all papers. Kindly advise me how I can come out from this trap . If I will stop the bajaj EMI then I will become defaulter for all banks . Can i apprpach to Bajaj that wrong information is given to him. Kindly advise me how I can get my selected LED legaly.

supriya sharma   27 January 2014 at 22:35

Regarding registration of trust deed

Sir/Ma'am,

I want to know that whether for registration of public charitable trust the property is necessary or not? and if it is necessary what would be the minimum amount of property required? I mean to say is it necessary have a land/building type property?

And please tell me the whole procedure?

jeevan deshpande   26 January 2014 at 15:22

Sexual harshment at work place

hon sir, with due respect i want to ask my question. recently sexual harshament law is enforced in india but relating to womens we find that womens still not ready to come out for complaints, somewhere there is pressure on mind and unable to spoke against harshment. as a citizen can i prepare quentionery campain in society specialy in industrial zone for working womens and ask them about any harshment. my intention is to provide womens information and there rights. which precaution i have to take, pl guide me.

VINAY KUMAR RUNIJHA   25 January 2014 at 08:24

Fidic clause 12.3 and 13 ; clarification needed.

This is regarding one of the ADB funded project wherein the General Conditions of Contract as per FIDIC apply.The bids are to be invited on item rate tender basis.
Clause 12.3 (a)(iv) states that:
"However, a new rate or price shall be appropriate for an item of work if:
(a) (i) the measured quantity of the item is changed by more than 25% from
the quantity of this item in the Bill of Quantities or other Schedule,
(ii) this change in quantity multiplied by such specified rate for this item
exceeds 0.25% of the Accepted Contract Amount,
(iii) this change in quantity directly changes the Cost per unit quantity of this
item by more than 1%, and
(iv) this item is not specified in the Contract as a “fixed rate item�;
The employer with the intention of avoiding any payments towards variation in quantities and price adjustment as per clause 13, has stated in the Contract Document: Bid Data Sheet and Contract Data Sheet that the prices quoted by the bidders shall be 'fixed' as stated in (a)(iv) above.
Please clarify if the interpretation of employer in respect to clause 12[ particularly part (a)(iv)] is correct or not.

deepak   24 January 2014 at 12:22

Mwallet license

How to apply for semi-closed prepaid wallet license ? and eligibility criteria for the same..?

Rajiv Kaicker   23 January 2014 at 16:50

Section 185 of the companies act,2013

Is there an overlap of Section 185 0f the Companies Act,2013 and Section 372A of the Companies Act,1956? What is present status?