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Sharath Babu   04 June 2013 at 11:48

Legal requirments to start pre-school by a foreigner in a partnership

Hello friends,

I am an advocate and I need little information on the following and it would be great if you could give me your expertised advise on the same

Query: - My client (Indian)wanted to start a pre-school with partnership with a foreigner (US National)and later grow it slowly to elementary and middle school.

- Total investment 15 lakhs
- partnership with a share of 60% (Indian) and 40% (Foreigner).

Please let me know
1) Whether approvals and license from concerned education departments are needed?
2) what are the legal requirements for getting into partnership with a foreign national as the flow of investment will be from outside.
3) Do we need to inform RBI and take permission or it comes under FDI.
4) what are the other requirements.
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Abhishek Mawle   01 June 2013 at 13:36

Education loan

Parent Will the bank.

Baiju Mehta   31 May 2013 at 10:41

Copyright in software

Software Piracy is an offence. Through out the world many PC user are avoiding to purchase Lic. software by one or another reasons.

Now software Cos. started threatening to Computer User and as well as Computer Dealer for software Piracy, forcing them to buy Lic. Copy or they make suit against them with imprison of 5 year Jail.These company are selling software at different price according to their choice. One can say his is because of monopoly business.

What will be responsibility of User and Traders in this matter. What will be the rights of Users if they are using Piracy software. What is the legal responsibility

phani   30 May 2013 at 13:06

Company law

Dear professionals , what are the consequences of non filing returns at MCA21 portal, what penalties imposed under law?

manoj   29 May 2013 at 19:58

Can a male use pepper spray for his safety

can a male use pepper spray for his safety

manoj   29 May 2013 at 00:54

Pepper spray

Can I carry pepper spray on train

akash   28 May 2013 at 16:41

Directors of pvt ltd co. sold shares without disclosing company loan


A private limited company, with 2 directors ,had a loan of Rs 10 lakhs. Both directors sold their shares and exited the business, without informing the new directors (who are also the shareholders) of the existence of the loan.

The incoming directors did not do enough due diligence. Only a share transfer form was signed and the cheques were given out. No other agreements were signed.

Can the new directors take any action against the former directors for not disclosing the loan?

lalitha parameshwari   27 May 2013 at 11:44

Starting of a spoken english institute individually

i want to start a spoken english institute with a particular name and also have plans of providing franchisee business of the same in the future,. Kindly advice me what has to be done at present whether it needs any registration of the name of the insitute and how much money i will need to spend for the same.

jayaprakash   25 May 2013 at 17:53

Sarfaesi-drt

In DRT OA is disposed of in terms of compramise joint petition filed by the bank and the principal borrower ie D1 And D2,Recovery certificate as per the compramise decree is also issued at the request of the bank against D1 And D2 as principal borrower has defaulted the terms of the compramise.Iam the D9 (one of the guarantor)AND no recovery certificate is issued against me or against my mortigaged property.Inspite of this being the senario the bank has come and served me pocession notice under 13(4)saying that inspite of DRT judgement and recovery certificate(issued about 15 days back)they have rights to go ahed by SARFAESI route.My question is (1)can bank go ahed like this ignoring DRT judgement.(2)if no what are the options available to me to fight this senario.Can i file criminal procedings against the bank(3)if i go to DRT basing on 13(4)notice should i have to pay the court fees and will drt ask for any pre deposite(for the debtwhich is not determined against me atall it is determined against D1 AND D2)

P.C. Joshi   23 May 2013 at 21:25

Legal implication of using famous hindi movie dilogue

Dear Friends,

If a company use a famous movie dilogue in the label of its production for compign/advertisment is the company liable for any liability under any indian IPR laws or any other civil/criminal liability arises on the Company.

Thanks & Regards

P.C. Joshi