One company have three directors and same are shareholders. Two directors of one group have 65% shares and one director have 35% shares. One director with 35% shares of the company did not attend board meetings and was working against the company, so other directors want to remove him in EGM u/s 169. So We have sent notice of EGM to the removing director via courier and by hand also. Removing director did not receive notice by notice server and refuse to receive it. We also send the notice by courier also to the Removing Director. Courier did not come back to us undelivered till yet. We file DIR 12 but that DIR 12 not register by ROC as he says that this is case of quarrel between directors, so both parties should go to court. Now removing director taking the plea that He has not receive any notice of meeting hence meeting is invalid. Other two directors have the majority with 65% shares. What is your opinion?
Avinash
27 November 2017 at 13:42
I am retiring from a registered partnership firm. My partners wants POA from me. Is it safe to give POA
Dinesh
26 November 2017 at 09:33
Hi. I used to work for a private co. Which is very samll in size. I used to make expenses for company which was later reimbursed. And we were never asked for bills as it was based on trust that i spend money for co. Work and they returned it . but problem started when i have 3.27 lakh rupess unreimbursed expenses pending . and 4 lakh salary coz co. Is in bad position . i am being told from past 6 months that their is loan about to get cleared. But now i see that they will not get loan and it was just to use me. Mu monthly salary is 50k . now i want to know all i can do leagally as co. Doesnt have money at the moment and its a private ltd. Co.
My biggest fear is that when i will leave co. I will never get my money back. And i cant afford to loose it. Thats the biggest reason i couldnt leave the co.till now inspite of having so many doubts abt the reality of that loan.please help me i have suffered a lot mentally. I am in stress anf dipression i cannot sleep and scared of everything i am loosing my mental balance.
rahul
25 November 2017 at 11:29
Hello, there is company wifinitive solution which provides online data typing. But their reviews are vry bad. I have taken their registration no. Whicj is SWZ/C/W/616516. Can anybody tell its legal or not?
Also can two companies can exist at same address?
Jyoti Dubey
25 November 2017 at 00:04
Hi Sir/ Mam,
I worked with Revmax company for 1yr and 6 month. I served 60days notice period as per policy. Got sign on my HOTO and clarnace form cleared from manager and HOTO person. But after 85 days of leaving organization at the time of fnf they had made my fnf zero from rs.17000 by giving some rubbish remarks of mismanagement of data because of which company faced loss. I don't know what to do. It is all done by that MD. Company is not giving proper relieving anyone they are doing this kind of foolish thing to spoil employee career.
I got 2 time increment and promotion. My records are clear but still they are saying that manager has given remark on clearance. How they can put any remark without my sign and in absence of me. Please suggest. What I can do in this case.
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.
Anonymous
19 November 2017 at 18:31
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.
Anonymous
19 November 2017 at 10:30
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.
Girish Ghosh
19 November 2017 at 00:43
Format of notice/proposal to retirement from partnership firm.
Clam of leave
If a person removed from bank with supernuation benifit s and without disqualification from future job
Can he clam his previlage leaves
( Leave encashment)