My friend opened hotel booking business. At present he has taken approximately 45 lacs from diffrent customers for hotel booking purpose. He is saying because of miscalculation we booked hotels room in less prices. He paid more amount to hotel manager. He was continuously trying to satisfy client because it was his mistake. But at last he suffered big loss. Now in his company account only Rs.500 balance. His office and home both are on rent. So he wants file insolvency petition. He has given few of customers post dated cheque. So can he file insolvency petition. No any FIR or case filed by any customer. but now they are telling him that they will file FIR or case under 138 N. I. Act. Please help me.
One of my clien is suffering loss in his Hotel Booking business. So he wants to declare his company insolvant. Can anybody tell me what is it's procedure. what documents we need to submit. Where to apply for it. Is he is liable to add his personal property in it. Please help me in this.
Format of notice/proposal to retirement from partnership firm.
i have received a letter frm icici bank to pay my credit card dues by 30 nov
and i m ready to pay the same
now a recovery agency employees are calling and forcing me to pay today
for the same they r also calling to all employees in my mumbai ofc
where as i have confirmed them tht payment will be made well before due date
employee name is sanjay singh and no is
+91 11-48381811
My query is that apart form the documents which is required to sign under Companies act , is it optional to mention the DIN on other documents submitted to Bankers and BMC ?
I have to recieve payment of approx 6 lakh from a customer of mine which is a construction/plumbing contractor company . We did transaction well for two years and was smooth. But suddenly last year he stopped giving payment and buying material. From the last year in August till date he has made 2 lakh out of 8 lakhs approx. He doens't deny but don't even give payments . We have proof of supply in bills statement confirmation in mail and hard copy . C- form for the outstanding bills. Now we are doubt that he is unwilling to make payment and only giving us dates . Please suggest if any legal remedy exist for the same as we are afraid on spending money and time in courts.
I was taking connect internet services 3.5 years back, and service was not upto the mark at that time. Internet did not work for even more than 10 days sometime in a month. I sent emails and called to connect support and asked them to bill according to internet worked days, they said your bill would only come for the days on which internet was working. But they charged me full month bill, so I stopped their service and shoot them an email of closing connection, but they said this is not your registered email.
Now connect is sending me sms and threatening me that a case has been register against you in Mohali Court, call on a mobile number provided on the sms. Let me know how to deal with such situation.
Also 2 yrs ago I retried to take connect connection and gave registration fee of 1200, but after few days they asked me we would not give you new connection and the 1200 amount will not be given back as your are defaulter.
Please suggest me how to deal with such situation.
Thank you.
A partner introduce a land (which is registered in his own name)in an unregistered partnership firm as his capital contribution in the notarized partnership deeds(unregistered). By doing this is the land consider as a Firm property or still it would be remaining in his property (as firm and deeds is Unregistered ).
Hi,
I had formed a pvt ltd co. with another person and we were 50-50% shareholders and we were the only 2 directors. Now he has taken full time employment with another company and is not cooperating to run the company. He has asked me to stop operations of the company. However, I want to continue with the firm. Do i have any recourse by which I can continue the company.
Can partnership firm split into proprietorship
CAN PARTNERSHIP FIRM SPLIT INTO PROPRIETORSHIP FIRM AND USE WORK EXPERIENCE AND FINANCIAL CREDENTIAL OF PARTNERSHIP FIRM BY WAY OF SETTLEMENT CUM DECLARATION DEED FOR NEWLY CREATED PROPRIETORSHIP FIRM.