Corporate Law queries [Resolved] [57]

chunu subba 05 July 2017 at 11:45

Power of attorney

A person had issued irrevocable power of attorney to some contractors for doing some contractual works issued in the name of executant.. The contractors were doing the work based on the irrevocable poa. In the middle of the work the executant died. So what is the status of irrevocable poa? What relief can those contractors get?

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Prateek 04 July 2017 at 13:04

Loan

If borrower has borrowed money by submitting his property as a security and there is guarantor also. So first the money should be recovered from the security or the guarantor any relevant case law related to this.

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Shreya Kodmur 03 July 2017 at 11:25

Dispute regarding rent on HUF property

In case A , B, C are brothers having Ancestral property being used for conducting as the place of business of the Firm. A and B being the partners of the firm including another 3 other partners. The rent has not been paid by the firm as no clause was mentioned in the partnership deed. And the partners continued to use the property as the place of business for more than 15 years. On dissolution, how do you account it? Rent to be paid to both partners or all 3 brothers? Or not to be considered as there is no profit?

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Janhavi Mantri 03 July 2017 at 11:08

Leave and licence agreement

Dear Sir,

I have a flat in Lower Parel available for rent. I found a potential tenant via no-broker on 28thJune. We agreed on rent + deposit (INR 37,000+ 1 Lakh Deposit) and he gave INR 6,000/- as token amount. The agreement was finalized on 28th June itself and it was decided that we will do the registration on 1st July itself so that he will move on 1st July which was a Saturday.

Later on Friday evening he informed us that Saturday won't work for him on registration and hence we moved the registration on 3rd July, Monday. He as given a cheque for deposit amount on Friday which was dated 3rd July we we could not deposit till Monday.

Yesterday he had called to say that he wants to move on Sunday which we refused as there was not agreement + deposit money in hand. I told him that Monday morning I will deposit his cheque of 1 Lakh on Monday and at the time of registration which was today at 10 am I will handover the key. That guy then said that he wants key on Sunday itself and then cancelled the deal.

My question - Was I right in my stand? I did not have any document how can I handover the key? I was paid 4000 advance for registration as well to a lawyer. Now this guy is asking 6000/- refund. Am I liable to pay him the token amount back?

Please give your valuable inputs.

Regards,

Janhavi

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Krishnamoorthy 28 June 2017 at 18:41

Receiving payslips but no pay for 5 to 6 months

Dear Experts,

Request your advise on my bekow issue.

Most of the employees in my organization had not been paid partly or fully for past 6 plus months but payslip is being generated for the full salary (TDS also being detected). No insurance is being paid for the employees and PF is also not paid on time.Even the payslips are not generated on time. Is this legally acceptable??? How can i apptoach this legally?
Regards,
Krishnamoorthy

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ankita 28 June 2017 at 18:39

Agreement in restraint of trade (contract act)

I want to know case details of M/S Gujarat Pottling Co.Ltd. & Ors vs The Coca Cola Co. & Ors on 4 August, 1995 in small brief what was judgement and in whose favor and the reasons for the same.

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Anonymous 28 June 2017 at 15:32

No pay for 5 to 6 months but pay slips are generated

Most of the employees in my organization had not been paid partly or fully for past 6 plus months but payslip is being generated for the full salary (TDS also being detected). No insurance is being paid for the employees and PF is also not paid on time.Even the payslips are not generated on time.
Is this legally acceptable???
How can i apptoach this legally?

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Ravendra Avdhiya 28 June 2017 at 12:00