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Anonymous   12 August 2020 at 07:51

Continuing education while in govt service

Namaste Sir,

1. Iam working for one Bangalore based reputed PSU undertaken by Govt of India.

2. I Completed 19 years of service.

3. The PF pension what i get is meager after my retirement making me to work even after retirement

4. Presently iam working on 3 rotational shift basis

4.1) 1 st shift > 6:30AM to 2:30 PM
4.2) 2nd shift > 2:15PM to 10:00PM
4.3) night shift > 10:00PM to 6:00AM

4. I completed 12 standard in science stream ( Correspondence) by securing 1st class and received marks sheet on 5th August 2020 and now my age is 44 years.

5. Now i wish to enroll for Diploma in Pharmacy course where only day colleges exists.

6. Since iam in 3 rotational shifts and often shift change adjustment with colleagues i can attend day time classes.

7. If my company HR denies permission for day college admission, What i can do?

8. I can assure that i carryout my studies without hamper in my factory work activities.

Please advice

Regards
Narahari

Vinay Kumar Prasad   10 August 2020 at 18:40

Appeal fee for filing sa appeal at drt ranciunder section

Kindly let me know as to what would be Appeal fee amount for filing a SA appeal before DRT Ranchi u/s 17(1) of SARFAESI Act where the disputed demand amount is Rs. 7,34,904/-

A prompt reply will be highly appreciated

Thanks and regards
Vinay Prasad
Advocate , Jamshedpur

Anonymous   23 July 2020 at 22:19

Reduction in salary during insolvency

Dear Sir(s),

The resolution professional has issued letter indicating reduction in salary of the employees.

My understanding is that since reduction in salary have adverse impact on calculation of gratuity and other benefits as such reduction may only be done after paying the previous accrued benefit and then starting afresh with the new terms of employment.

Kindly advise so that we may counter the resolution professional proposal.

Any judgment to support the contentions will be appreciated

Anonymous   23 July 2020 at 22:13

Termination of employee during insolvency

Dear Sir(s),

Resolution professional has issued termination letter to the employees without conducting vote on this issue.

My understanding is as under:

Relevant Section is Section 28 (1) (L) read with Section 5 (23) of insolvency and bankruptcy code.

As per these sections Resolution professional can only terminate the employee subsequent to voting conducted in this regard and further upon securing 66% vote in favour of this Agenda.

Kindly advise whether my understanding is correct or else advise the right method of doing during Insolvency.

Any judgment in support of the contention if available may be forwarded.

'

Anonymous   23 July 2020 at 20:50

Employer forcing to serve the notice period

I am working in a company say X, and currently I am on notice period. It has a 3 months notice of which 1.5 months is remaining. I dont have any project in company X, i am sitting idle here from last 1.5 months.
I have asked the hr and the manager multiple times for early release or short notice period, but they are adamant on not releasing me early. Escalated the matter also, but no results.
On the other hand, the future employer Y, is looking for early joining. All formalities are done, just they are waiting for me to confirm them the joining date. They, preferably, want me to join in August 1st week.
I need early release for joining the Y company. I am ready to pay the money in Lieu Lieu the remaining days, but hr is saying it cannot be done.Can you pls advise me what can be done here?

Ishwar Dutt   13 July 2020 at 10:36

Opening a foundation for free education and medical services

Dear All,

Greetings! Hope all are in good health.

I am writing to know about opening a foundation for helping poor people in terms of free education and medical services. We are a team of 3 people and want to establish a foundation in Uttarakhand (near Almora Dist.) for the mentioned cause. I have some questions as mentioned below:-

1. How to open a foundation? What are the legal formalities? What is the website or particular process to get it done?
2. If possible, how to get free/concessional land in above mentioned area to initiate this noble work?
3. Do we have to go Dehradun (capital of UK) or it can be done with in Almora District ?
4. Any other suggestions if you want to give us.

Kindly guide me on above concerns and I will be thankful to you.

Thanks for reading my message.

With best regards

Ishwar Dutt

Shobhit Jain   11 June 2020 at 23:03

Finance by national housing banks

Whether NHB provides funds for lending to Housing finance companies? We are aware that they are providing refinancing facilities, but whether they are providing direct financing as well?

Anonymous   11 June 2020 at 18:38

Company siphoning off assets to defraud creditors

I hold decree debt against an unlisted PLC,but company has stayed the execution for the last 5 years. Meanwhile promoters have abandoned the company, siphoned off almost all its assets, and floated new companies to carry on the old business ! Old company is still Active in MCA records.

Understandably this is Fraud by company promoters under Indian company Law,called 'Phoenixing' !

How do I make the errant Directors too liable ,apart from the company, as and when we file the EP against the PLC ?

Do I file a seperate EOW case for this prayer or will the EP court itself will hear this prayer ?

Anonymous   06 June 2020 at 19:31

Nidhi company

Hello Everyone

Can a poor lady who doesn't have bank account or PAN Card, can become the member of Nidhi company by taking 10 shares in cash.

Thanks

Tapan   04 June 2020 at 22:39

Kindly suggest a name for my agreement

Kindly suggest what should be the name of the agreement. Case is as below.


Case:

The promoters of a Company approach a investor to invest in equity of der unlisted public company.

The promoters guaranteed certain fixed IRR on that investment on der company and return of that investment at a fixed price..

Now this investor wish to pen all the things into an agreement.

Then what should be the name of that agreement. And can the investor make the company a party to that agreement which is legally enforceable.