Anonymous
01 June 2020 at 14:09
Employee are willing to purchase less than 10 shares every month of their own organisation as long term investor and not for trading. Also, ready to give declaration of the purchased quantity. But, the company management is prohibiting for purchasing the shares of the company, directly or indirectly.
Deepa Sharma
29 May 2020 at 13:11
Dear Sir/Madam
Ref to my subject, I am doing service providing work for Insurance Companies. And one of my reputed client hold my payment, on behalf of an audio recording, submitted by the Claimant (single case). And send us a notice for not paid payment " due to bribe allegation". They hold our 100 cases payment, The said audio recording are not belongs to our worker. And we explain the company, but they not lesion to our clarification, and take one side decision, and declined to pay our payment. We once sent them a notice through advocate, but they not replied. So need the guidance. My client is Pune (Maharasthra).
with regards
Deepa Sharma
Anonymous
28 May 2020 at 09:54
If someone removed from private job in software company in 5 months how much should company pay
Anonymous
26 May 2020 at 22:46
Dear Sir,
Facts: Company is under CIRP ( Corporate Insolvency resolution process)
RP is appointed
Current status : Negotiations with promoters for settlement.
Salary of Post CIRP is pending
RP has expressed his view regarding termination without payment of dues in this COVID period.
Employee who have earlier filed a case for payment of salary is pending before NCLT and they have again moved a fresh application to stay the termination till the settlement process under inherent power of NCLT.
Query : Is there any specific provision in which NCLT can direct to stay the termination or may say to pay the dues before termination.
Any judgment to support the case of employee
Shobhit Jain
25 May 2020 at 20:23
Which returns need to be submitted by Non-deposit taking NBFC to RBI having asset less than Rs 50 crores?
Anonymous
22 May 2020 at 22:37
Dear sir,
Facts : The company is under Insolvency proceedings (CIRP) as per the order of insolvency.
At Present the affairs of Company is being run by Resolution Professional.
Current Status : Settlement between Promoters and Financial Creditors is undergoing and there is likelihood for settlement.
Employees has filed IA before NCLT for the payment of outstanding salary for both Pre CIRP and Post CIRP process.
The matter is pending before NCLT and on the last date of hearing NCLT has directed to pay salaries of employees on priority from available funds.
Now RP has communicated during COVID-19 that he intends to terminate employee by paying half of the pending salary of POST CIRP period and the remaining will be paid post settlement with the promoters or upon liquidation as the case may be
Question: Can RP terminate the employment during this period when the matter for payment of salary is pending before NCLT.
What is legal defence the employee have against this intended termination ie without the payment of complete dues.
What stand we need to take for filing appropriate application before NCLT against this intended termination b
while the settlement process is on
Shobhit Jain
17 May 2020 at 21:24
What is the entire procedure to register and form a housing finance company?
Shobhit Jain
17 May 2020 at 20:37
Does housing finance company need to register as NBFC ?
Anonymous
16 May 2020 at 10:46
Dear sir/mam,
We at Abhayudaan, Decided to setup an Section 8 Company to fulfill our some objectives in the field of Education and Research. But we are facing some issues or confusions, and we wants to solve out before registering Section 8 Company. We like if you can provide us a help for same. Questions are as under..
1). As currently We ( Me and My Partner ) doing job so we have Source of income. But after setting up foundation we have to work for only foundation and all of we know that as a director of any foundation we are not able to draw any salary so in such manner we do not have any source of Income. So please guide me the ways which can help us to feed our family as with Social Work. Here we wants to clarify that to solve out this scenario. we decided to seat our fathers ( Father of me and my friend) an director. And we work as an employee. so this is good or not?
2). As we know in initial face foundation will be in active for few of months due to lack of fund availability. in that scenario what legal action will be possible to take by government officials?
3). As on your experience suggest me which kind of section 8, I have to register LLP or PVT.LTD ? Here i wants to mention that currently we do not have any registered entity or any pvt.ltd company. We are just begin our journey with Section 8 Company only.
Please give me a best advice as soon as possible. Or also you can contact me with mail at founder@abhayudaan.org
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Ltv ratio
RBI has set a maximum LTV ratio for housing finance for scheduled commercial banks. Whether it will be applicable to NBFC's as well?