ummesh
31 July 2016 at 12:31
Respected Experts..We have a partnership firm with two partners. The partnership is "At will" and there is equal sharing of profit and loss mentioned in the deed. The firm is at heavy loss and the property of the firm is in the name of the firm. Being legal heir of one of the deceased partner of the firm i want to understand my rights on the property of the firm and will the liability of the firms be transferred on to me. Also, can i sell the property of the firm since i belive the partnership is dissolved after death of the partner?
Suraj
29 July 2016 at 21:56
My saving account is in axis bank.. one day they all convinced me to take one policy.. that day I take in that policy there is the rule of lockin for five years my amount.. After I sign they deduct my money.. but after that I didn't like policy and there is a rule of cancellation of policy in 15 days of receiving of the bond.. but now already 2 months go away but they didn't give me bond and also not cancelled my policy.. I need my money urgent. . But they didn't tell anything that how can I get my money back. . Please help me
Bhavik
29 July 2016 at 13:41
Hi All,
While doing consolidation of accounts, bi-mistakenly few inter company transactions are not removed and result is published.
What should we do for the same?
Its very very urgent...
Please guide..
umesh HALKAR
28 July 2016 at 16:06
Sir,
As per DPE gidelines All CPSU shall introduced Pension Scheme.NPCIL (Nuclear Power Corporation Of India Ltd )is one of the CPSU.
As DPE guidelines 30% of Employee salary shall contributed for Medical, PF,Gratuity AND Pension Scheme.
So far Medical,PF and Gratuity is existing (total 18%) at NPCIL.
Now NPCIL introduced 2% of Employee salary contributed by Management and 6.87% should be compulsory contribution for Post retirement Pension scheme and it will come in force if 40% of employees(minority of employees) are opted. But opted Employees are less than 40%.And also circulated that
either PF and Gratuity or Gratuity and Pension Shall OPTand NPCIL is not following DPE guidelines since corporation is following CDA pattern pay scale not IDA.
2.Now as per DPE guidelines 30% should be given.So any individual registered association can approach the Courts of Law directly or Any NEW proposal can submit the Management for consideration / Negotiation.
3.What is time limit for Prejudicial Notice.
regards
Tanvi Sharma
26 July 2016 at 03:53
I am a proprietor of a firm which has a franchise of Motilal Oswal Securities Limited. Can this firm be converted into a Pvt LTD company? Secondly, what would be the procedure for that. Will it affect my business that I am running right now? Also the firm is registered in sales tax department in Uttar Pradesh. What would be the tentative expenditure in the process of getting the conversion done. Please advise.
Kind Regards,
Abhimanyu Sharma
Nikita Jaiswal
22 July 2016 at 11:13
Good morning sir,
This is Nikita Jaiswal from kolkata.I was working in internationalBPO name Team Xplorsoft pvt ltd.I joined there on 26th april16.I have not received my salary pls help.I have offer letter.What should b done as they r now answering calls also.
Bharati Agarwal
20 July 2016 at 13:15
Sunil Kumar Gupta Huf was constituted in 1991 with Mr.Sunil Kumar as Karta, Mrs Saroj Gupta(Wife), Ms. Sarika & Ms. Indu (both daughters) as Members. Presently both daughters are major & un-married. This HUF has maintains a SB Account and Depository Account with a private sector Bank where Mr Sunil Kumar was only signatory as karta. Both accounts have deposits. Mr Sunil Kumar has demised recently with a will. The Bank has made Debit Freeze in both the accounts and is asking for any of these for releasing the fund and shares:
01. Succession / Probate Certificate
02. Court Decree / order
03. A Registered Family Settlement Deed executed by all Legal Heirs of the demised karta.
As suggested by tax practioner, the HUF has been properly re-constituted by all three female survivors and the senior most female member, the wife & mother Mrs Saroj Gupta is designated as Karta and the two major & unmarried daughters remain members/coparceners.
A family settlement Deed is prepared by all legal heirs of late Sunil Kumar Gupta, i.e. the mother, the wife, and the two daughters to the effect that the HUF entity shall survive with three females as described above. The mother has agreed to throw her shares (1/4th of 25% belonging to demised karta) in both accounts to the existing HUF and thus the HUF shall survive in its re-constituted form. The Bank is not agreed. The Bank insist on the eldest daughter be made as karta in case of depository account, which is contradicted by practioners.
Sir(s) with due respect please thro light on the issue and clarify (in the light of amended Hindu Succession Act and other court decisions recently on the issue)
01. whether an HUF shall survive with its re-constitution where in senior most surviving female(wife of demised karta) as Manager/Karta and the two major - un married daughters as members/coparceners ?
An urgent and multiple Expert Opinion is sought as we have seen rampant ignorance about it in course of our journey for the resolution of our matter.
Thanks & Regards
naresh
16 July 2016 at 10:02
Respected Sir
i want to know
if i run my sop 24x7 is any legal provision or permission is required for that
waiting for your answer
Naresh V. Korde
Aejaz khan
15 July 2016 at 19:53
Dear team, i am worked with retail comapny for 3 years i resigned & served 1 month notice period.my last worked day was 21 may 2016 but still i dont get full n final settelment & when i call Hr she is telling that cheque is prapared & it is kept with your reporting manager which is reporting manager once he realesd she will give it to me, kindly suggest what to do, please help.
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Non competition clause
Dear Sir ,
I worked in Europe based companies branch office in delhi for 6 and half years and all of sudden, company decided to close the branch office on 31st of july 2016, this information was given to me on 18 july along with letter that you will be offered same position in new company on same terms and when i asked them for draft of new terms they said its same as it was in the branch office and refused to show it to me before i sign the settlement letter for closed branch office. now on 1st august they have added the non competition clause in new appointment letter and asking me to accept it. clause says that after termination i can not work in any organisation who is having same business for 12 months worldwide. in case of breach , i shall be liable to pay 6 times my gross salary or higher depending on the damages caused. my question to experts is that i work in this company as a sales manager who is not having any say in decision making or access to any sensitive information, does company can force me to sign this and is one sided clause is accepted. please guide me thank you.