Dear Experts,
Can a practising Advocate be partner in LLP?
Regards,
A shareholders agreement is proposed to be excuted between three companies viz. XYZ(P) Ltd.,PQR (P)Ltd., & ARC(P) Ltd to jointly doing a business.Mr. P is a common director in the first and the third named company. Can he sign the agreement as authorised representatives on behalf of the said two companies?
C.S.A.K.Maitra
Dear Expert,
I have given a cheque to one landlord as initial advance for house deposit, on the same day I found the facility what he told were not actually present, hence I asked my banker to stop payment.
I have asked the banker to stop payment on the same day when I gave cheque to him, till date I have not taken possession nor signed any agreement.
That landlord is threatening of legal, is it possible.
Rajesh
02 June 2012 at 19:49
There is change in name of female investor due to marriage. Investor has approached one of the mutual fund company for registeration of change in name alongwith original copy of Affidivat in form of 'Annexure J' (A Joint affidavit alongwith her husband with joint photograph affixed) submitting that
She 'Maiden Name' followed by 'New Name' solemnly declare and affirm as under
1. That we are married under Hindu marriage act/rights/customs and are living together as married couple since 'Date'
2. 'Maiden Name' would henceforth be know as 'New Name' virtue of our marriage.
3. That our joint photograph is affixed below.
Mutual fund company has refused to register new name on following grounds;
a) Affidavit in invalid as it is required only for applying passport
b) Affidavit is required on Rs.100/- stamp paper (present affidavit was made in April 2002 on Rs.10 stamp paper)
Questions:
a) Whether declaration given by woman applicant under Annexure J for applying passport, cannot be taken as valid marriage proof in eyes of law?
b) If there is change in stamp duty rules from 2002 to 2012, whether old affidavit on stamp paper of Rs.10/- will now be treated as invalid.
c) Can an investor sue mutual fund company for service default and ask for compensation.
Thanks for patience reading and thanks in advance in anticipation of feedback.
Member (Account Deleted)
02 June 2012 at 00:08
Does transfer of share by a partner to another partner of the same firm for a consideration results in retirement of the transferor partner?
Gauri
01 June 2012 at 11:30
Our Company is appointing a Additional Director to provide technical advisory on following terms and conditions:
1. He will not give advisory to any other Company except our company.
2. He will not start business in the same field after leaving our company upto 2 years (non compete agreement).
Can anybody provide me format of such agreement. Its Very urgent.
Thanks in advance
Regards
syed niaz ahmed shah
31 May 2012 at 23:36
i need to have a copy of AIR 1990 page 864
AIR 1992 page 232 in respect of Article 7 and its explanation and if there has been any modifications to limit the reference of dispute past, present and future.
Dear Experts,
Can a practicing laywer be partner of partnership firm (other than legal firm)?
Kindly provide me with informaton with appropriate provisions.
Thanking you,
Arul K
Shruti
31 May 2012 at 15:18
Hi,
I am a freelance script writer working from home and my husband was a director in a pvt. ltd. company. Approx. 5 years ago my husband joined hands with a man to start off a business, for this business a loan was acquired from a bank and at that time my husband gave personal guarantee. We also mortgaged our flat in this process, I being a joint holder of the flat had to sign the mortgage papers. Now this account has been declared as NPA and I have learned even I am a personal guarantor (is this possible). I understand that the mortgaged property can be attached by the bank to recover the loan amount but what about other personal assets in my and my husband's name? Can they be attached by the bank? Also how can I be liable as personal guarantor if I am not a part of the company? Please help?
P.S. the house that I currently stay in is not morgaged to the bank but we have a home loan from the same bank(lender). And both, me and my husband are joint holders. Housing loan is in my husband's name.
Why are buddhist couple not considered as partners?
Indian Partnership Act does not consider Buddhist Couple as Partners despite the fact that they share profits. In fact it shown as an exception to partnership despite profit sharing.
Plz explain this concept of Buddhist couple