LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Sushil   8 years ago

Sarfaiesi act

My Flat had been under mortgage with a Bank as third party security towards credit facility availed by a pvt ltd company belongign to my close relative..The Company have defaulted in Payment, the account is now NPA. The Bank has issued Notices to me and have taken symbolic possession of my flat 10 days ago, and have published a notice to this effect in newspaper today.I am told that the Bank now shall take permission from DM for forcefull phyisical possession and its sale.Also I can file some kind of petition at DRT Court.I will do what I can do to save my flat. My relative also do not have bad intention and assure of all steps to save my flat.But I see on daily basis E-Auction Notice by Banks even without taking Physical Possession on As Is Where Is Basis. This can also happen to me .

Any remedy/advice in such circumstances ?

alok raj   8 years ago

Coaching register

hii , i have coaching classes in bihar , i want to register as pvt. ltd. pls. help in this regard

RAKESH KUMAR   8 years ago

Regarding conversion of loans into shares

The Company, in which I am working as a Senior Accounts Manager, is an Unlisted Public Company. The Company had taken Unsecured Loans from the Directors of the Company to the tune of Rs.3 Crores. The Directors now wish to convert their loans into shares of the Company.

What is the procedure for converting loans into shares?

Are there any case laws for the same (in case if there is any Income Tax problem)

Please provide the necessary details at the earliest.

Thanks in advance

Dharmesh   8 years ago

Director has not register with roc mumbai

Dear sir ;
I am dharmesh I stay in uran I have problem that my mother Mrs sheila shah has not register her director ship in roc Mumbai and her name was on 7/12 extract and now she sold the land without inform to roc Mumbai so sir please give me your help.
Thanking you
Dharmesh shah
9869642979

Naveetha   8 years ago

Delaying Salary

Hi, l am working in a gaming company. I joined on 01 December 2016. As per the offer letter salary date is every month 5th. But till this month ( may 2017) they didn't follow the date and every month they are paying salary on 15 th or 17 and some months on 26 or 27. Many times l put complaint regarding this and management was not bothering. They sent an email notification of delay in payment in December. In that mail they mentioned till April there will be a delay in paying salary. But after that also they are not paying on time. l questioned this and HR informed they can't tell a proper date. So On April 21st l put my resignation because of this salary issue. Till this date they didn't give a reply mail for that. And l spoke to the Manager regarding this.l didn't sent the work which they assigned last month because of delaying salary. l have completed that but l informed the management the work but l informed manager that after paying my salary only l will send the work. l mentioned one month notice period in my resignation(21April 2017 to 21May 2017).May 21st lt will be completed. But still they didn't pay my salary. They are telling me to give the work and leave whenever company have the fund that time they will pay my one month salary(April 2017) and salary for the month May they will pay as f&f after 45 days. But l am not ready to leave without getting my April month salary. And I am ready to wait for the last month salary (May 2017) (As per company policy after 45 days of leaving). I informed this to the management but they are not ready to give the money and still asking for the work and telling whenever l am giving the work they are ready to relieve me but without giving salary.

Please suggest me what l can do in this situation.

Rohith Siddarth   8 years ago

About the procedure to start an animation institute

Hello sir/madam, We are planning to start an Animation institute and thus we need to know the procedures required.so please can you revert us about the procedures of opening an animation institute.

Suresh   8 years ago

Insolvency and bankruptcy code

We have supplied our products to few companies in India but they failed to pay our outstanding even after case filed under delayed payment Act under MSMED Act 2006 and Arbitrator appointed by the faciliation council have also decided the case in our favour.

Now we seek justice under the Insolvency and Bankruptcy Code Law and in other company law.

Pl suggest the remedies and expert advocate for this purpose

Gagan Deep   8 years ago

Holding of salary

Can a bank hold salary of employee of a organization, if not then there is any jurisdiction regarding this.

HK   8 years ago

Can a health care service provider company revoke services on the basis of misrepresentation

Can a health care service provider company revoke services of its clients on the basis of misrepresentation of facts? We have been taking services from Portea as my mother is a multiple strokes patient and fully bed ridden for last 2 years. The manager of the company is saying that we can not provide you services because we don't have any staff in that location. The fact is they have many clients in Dwarka, Delhi. He just wants to stop our service because the Delhi metro fair got increased.

Sunny Srivastav   8 years ago

What is standard terms and condition to be print on service invoice

Hi,

I have recently started a business under IT services provider, i have dealing in multiple service through online, I have taken all the services through the service provider and resell all the services to my clients.

Now, I want to know What kind of terms and conditions should be mentioned on my invoice which is i am issuing to our client/customer after providing the services and collect the payment.

What is the standard terms and condition as per legal way.

Please help me with your valuable support and suggestion.

Regards
Sunny