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Rajarshi Ghosh   18 July 2011 at 18:24

transfer of shares

can the shares of a private limited company be transferred on credit? i.e. can the shares be transferred first & payment made by the transferee to the transferor at a later date, say after 3 months?

Anonymous   18 July 2011 at 12:00

Non receipt of due payment from client

Dear Sir,

we are a placement firm located in Delhi and has entered into an agreement with a company for providing them manpower. 30 candidates have been sent for interview, out of which only two have been selected and have joined them. Professional fee of one candidate has been received, but the client is not releasing the professional fee for the second candidate. As per the MoU signed between us, he professional fee has to be paid within 10 days of candidate's joining. Every time lame excuses and reasons have been given by them, but not to our satisfaction.

kindly suggest what to do?

Anonymous   16 July 2011 at 22:06

Rights

Hello Sir,

I'm not living with my wife since 15 years and i have not divorced her, i have inherited a very small portion from my father's property in which i have developed an house for me from my own earnings. and i got married to my relative from elders advice. i have not registered both the marriages.

Will my first wife and my daughter from the first wife have a claim on my property?

Please advise.

Thanks

sudhakar t   16 July 2011 at 21:44

stamp duty partnershipdeed

Whatis the amountstamp paper tobe purchased for 5lac investment in totalby5 partners.

Anonymous   14 July 2011 at 22:08

Legal action against client who refuses to pay?

I am new to business and have sold goods to a client who is refusing to entertain our calls and is ignoring us now. he was given a credit of 30 days but now has exceeded 120 days.
He tends to conviniently ignore our calls or talk to us. What options are available to make hime pay?

Anonymous   14 July 2011 at 15:38

MOU - waitage

If Mr A Sing MOU With Mr B for partial payment of property under construction in the name of A. What are the chances that if A fails to pay as per MOU, Mr B transfer property in his name?

Anonymous   13 July 2011 at 20:29

under gujarat money lenders act

how to take licence under Guj. Money lenders act, which authority is handling related matter under the act & issue licence under the act.

Ysil Karunai   13 July 2011 at 19:12

De-merger/SPin off

A Private Ltd Company spin off one of the Business unit by forming another private ltd company. The Point should be noted is there are only two shareholders and they itself Directors. In Proposed new resulting company also the Shareholders and Directors are same as De-merged company.
Query:
1. Since it is Private Ltd Company Whether the company has to get approval for this De-merger from court?
2. Whether the company has to convened meeting for Creditors?

Please clarify!!

Vartika   13 July 2011 at 14:01

Employee Suspension

Dear reader ,
My father has been an employee of a state government company for over the past 25 years . Recently , he was suspended because of him not performing a proper enquiry about the financial status of another company with whom business was being carried out by his company .
Under the management of the previous MD , on the recommendation of a Business Advisor , the company entered into contract with another company [say ABC ] . Now my father was recently allotted the duty of handling this affair of export import matter of which he has had no prior experience .He and the GM were assigned the responsibility of signing the cheques to ABC as per contract . Prior approval was taken by the previous MD [by the GM ] orally . When asked by the father about a written approval , he wasn't allowed to even communicate . Hence he had to cooperate with the higher officials and sign the cheques . Also , the MD , GM and Special Officer were involved in talks about this contract and were again unapproachable.
Now , there has been a huge loss of crores to the company since the consignment was not delivered and the cheque received by ABC bounced back . Hence my father has been suspended on the ground that he and his GM have failed in their duty to thoroughly investigate into the financial status and bank accounts of the company . Although , the financial status was enquired into by the GM and there are papers that were collected which denote the financial transactions of ABC with other companies .

My father has had a very good record with the company so far , but unfortunately he has to live this experience now . Further he shall be retiring in less than two years time . I therefore request you to kindly provide me with possible solutions to resolve this problem .

Also kindly tell me what are the possible liabilities of my father . There is an enquiry board that shall soon be formed by the company before whom my father is answerable . Also in the worst case scenario ,what can happen to my father as an employee ?

Please answer to all of my queries or any of which you do know. I appreciate your time and help very much. Thank you.

PLEASE HELP. :(

Anonymous   10 July 2011 at 20:55

Closing Credit Card

What is the best way to close the credit card with bank so that good credit repayment history does not become bad for future purposes.