A Private Limited Company engaged in a hotel business owned by four Muslim brothers, is functioning on an undivided property owned by the same four brothers, and acquired from their father.. A dispute has arose between the brothers regarding the administration of the company. One person wants to sell his shares and also declares that he wants to sell his portion of the property. Since the whole hotel has been developed as a consolidated structure the partition of the premises is impracticable. The other three brothers want to continue the business but do not have the sufficient money to purchase the share of the disputing brother. What is the legal right of the disputant and the risks and liability of the other three brothers in running the business. I request the respected experts to give their opinion on this matter.
nitish
08 February 2019 at 19:10
Husband & wife have different proprietor firms each having their GST number, Current bank account in name of their Firm, Submit their separate firm balance sheet to income tax from long back,
i want to ask whether they are allowed to bid same tender in competition or not , please answer with supporting document or ruling from HC Or SC .
since that i can put it in front of Tender inviting authority , as they had not mentioned this clause or not framed such rule in tender notice now they are not accepting tender on this ground
please help
Sahjanand
03 February 2019 at 08:57
Sir i am running milk product business in Hyderabad and ssi unit also for making milk premix and cocoa powder. We taken business loan from hdfc under cgtms scheme and also taken loan from nbfcs for stablish dairy. After taking loan two years gone well and we showing increament in 1cr in our business continous two years , but unfortunately when we applied for extending of our limit hdfc first year increase our limit 30 lakh to 50 lakh but next year they denied even our sale increased 1 cr . They told your other loan is high so you can not pay . Effect of this our business collapsed due to non investment and we fail to repay interest amount to hdfc and other financial institutions. Now hdfc gone in drt and send me notice to repay amount which is covered by cgtms please advice what action we should take now. This is proprietary firm.
Ashish
01 February 2019 at 14:39
Dear Experts,
We were not paid 5 months of our salary by our employer, so we approached the labor commissioner office in Keesara, they sent letters thrice to our company owner to come to the labor court in Keesara. But the letters were not delivered all three times. The labor commissioner says they can't do anything until and unless the letters are delivered. Please advise us what we can do next.
Thanks&Regards
Ashish Reddy
SIR IF A COMPANY declaring the Moratorium in terms of sub-section (1) of Section 14 of the code wheither proceeding us 138 of ni act can be continue against co or case return to complaintant
Adv Rajesh khanna
9780573241
Anonymous
28 January 2019 at 17:02
My question is a bank required to enter into a service level agreement with the other and that other party requires copy of power of attorney for signing this agreement. Now whaether special power of attorney requires or general power of attonrey required.
and stamp duty rate for such power of attorney?
its urgent.
juli
28 January 2019 at 15:40
My question is a bank required to enter into a service level agreement with the other and that other party requires copy of power of attorney for signing this agreement. Now whaether special power of attorney requires or general power of attonrey required.
and stamp duty rate for such power of attorney?
its urgent.
Anonymous
27 January 2019 at 11:56
college has losted my degree certificate .now they applied for the same but it will take around 40 days but there is urgent need of degree certificate in state education department as i m selected as clerk.. so plz reply what should i do if i have all marksheets of graduation but not degree certificate.. is there any document which i should submit in place of deree certificate.(education department is demanding for degree certificate from all selected candidates
Reversal of resignation from the post of chairman
HI Team,
Before asking the question, first of all I want to thanks all the people who are involve in such forum to solve queries of others.
I have a query related to the cooperative housing society.
Our chairman has resigned from the post of chairman. Resignation is accepted in one of the meeting in the presence of 12 committee member.
After a month, another application received from the same chairman to reverse the resignation and 8 of the committee members have reverted the resignation of him and again he became the chairman.
Can you please guide me this is allowed as per the bye laws. If not then how I can raise my voice again this.
With Regards,
Vinay Patel