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VISHAL KUMAR CHOUDHARY   21 August 2010 at 12:29

Commission based on Sales to Director of Pvt. Ltd. Company

Director of Private limited company wants to draw commission based on sales in excess of present salary which is around Rs. 10Lacs p.a., please suggest whether there is any problem and legal compliance, if any

VISHAL KUMAR CHOUDHARY   21 August 2010 at 12:28

Commission based on Sales to Director of Pvt. Ltd. Company

Director of Private limited company wants to draw commission based on sales in excess of present salary which is around Rs. 10Lacs p.a., please suggest whether there is any problem and legal compliance, if any

Anonymous   20 August 2010 at 23:42

account blocked

Hi,

whether Account Blocked / Freezed comes under section 138 N.I.Act or not? Account Blocked/Freezed can be prosecuted under section 138 NI Act? please refer suproted judements .

Somnath mukherjee   20 August 2010 at 22:19

contract& constitution

A state undertaking organisation quated a tender for atenure of five years.I became the highest bidder in respect of price amongst other bidder for entitre of the goods put to tender. The workorder in my favour was issued in terms of a judgement passed by the Hon'ble writ court, one of the unsuccessful bidder without challenging the tender terms and conditions before a writ court at the first instance preferred an appeal assailing the order of the Hon'ble writ court as above.
The hon'ble division bench while admitting the appeal after allowing aleave directed to issue work order for the entire quantity as held by the trial court but directed to curtail the the tenure from 5year to 1year for the present, subject to hearing the appeal. My question is:-
Whether the Hon'ble sitting in appellate jurisdiction disposing a matter Art.226 of the constituion can pass such order even if the same is ad-interim in nature if no ex-facie arbitraryness or discremination is found in respect of floating of such tender or respect of issuing the workorder in favour of the highest bidder?give reasons and citations in favour or against

VISHAL KUMAR CHOUDHARY   20 August 2010 at 18:10

Related to director's remuneration of Private limited co.

I wanted to know whether the approval of central govt.is required to pay director remuneration exceeding Rs. 50000 per month or other related provisions, the norms the private limited company has comply with for giving director remuneration or other benefits exceedingRs. 50000 per month.
moreover do inform whethre the same comply for Managing Directors.

F L SHAIKH   20 August 2010 at 14:55

registration for new business

What are the steps and How to register a new consultancy.

Anonymous   19 August 2010 at 23:43

Why prostitution and money lending not being legalized?

In Delhi the Govt.is not giving a legal status to both of these very old and much prevalent businesses in the society ,How to influence the Govt.to authorize both of these two businesses ?

Anonymous   19 August 2010 at 23:39

Is money lending illegal,if Govt. is not issuing licenses ?

Delhi Govt.is not issuing money lending licenses,so does that mean that none should be involved in this business,or is this a fault of Govt.that it is not making a very simple business legal?

Anonymous   19 August 2010 at 17:03

cheque bouncing

i have issued a cheque of 150000.but due to bussiness losses i was not able to pay amount in time i offer to pay in instalments but he rejected offer now he send me a notice to deposit money what i can do

Anonymous   19 August 2010 at 14:54

service agreement

Dear all,

I am working in a contact research organization which is doing BA BE trials on humen volunteer. I have joined this organization last month end. At the joining time I have signed a service agreement(not a bond paper copy)which states that if I leave the organization before one year thenI have to pay 50000/- to them. I want to know about the legality of the service bond signed by any employee with his employer and what are the laws and rules of the Suprime Court concerning this service agreement.