pramod
03 April 2010 at 14:22
Respected Experts,
Please help me to have a proper partnership deed which is in accordance with the principles of law. I would like know in a situation of following circumstances what could be a better legal position in terms of its validity.
My client and his friend would like to start a garment business in partnership. Both of them mutually decided to invest the initial capital in equal and decided to share the profits and loss as well. Here an appropriate place of business was offered by a third person who is a lessee of premises which is very much convenient for the said partnership business. This lessee is only interested in a monthly fixed amount of income and would like to let the premises based on this understanding.More over lessee do not have any business presently running at the said premises and also having no interest in the said partnership. Conveniently the lesser had no objection of the same in this business if he (lessee) is a partner in the said business. My client and his friend would like to be an active partners in the said business and do not want lessee to be in the day to day business and operation of its accounts. In return my client and his friend would pay a fixed amount. But this fact is not known to the lesser.
Therefore, I request respective experts to share an appropriate form a partnership deed which will not violate any provisions of law in terms of sub letting and any other possible infringement laws.
This kind guidance could be a great help, Thank you.
Pramod. K.P.
pramod
03 April 2010 at 14:20
Respected Experts,
Please help me to have a proper partnership deed which is in accordance with the principles of law. I would like know in a situation of following circumstances what could be a better legal position in terms of its validity.
My client and his friend would like to start a garment business in partnership. Both of them mutually decided to invest the initial capital in equal and decided to share the profits and loss as well. Here an appropriate place of business was offered by a third person who is a lessee of premises which is very much convenient for the said partnership business. This lessee is only interested in a monthly fixed amount of income and would like to let the premises based on this understanding.More over lessee do not have any business presently running at the said premises and also having no interest in the said partnership. Conveniently the lesser had no objection of the same in this business if he (lessee) is a partner in the said business. My client and his friend would like to be an active partners in the said business and do not want lessee to be in the day to day business and operation of its accounts. In return my client and his friend would pay a fixed amount. But this fact is not known to the lesser.
Therefore, I request respective experts to share an appropriate form a partnership deed which will not violate any provisions of law in terms of sub letting and any other possible infringement laws.
This kind guidance could be a great help, Thank you.
Pramod. K.P.
arjav
03 April 2010 at 09:43
I WANT TO PURCAHSE A OFFICE, THE SAID OFFICE WAS CONSTRUCTED BY A BUILDER NAME X, AND THE SHARE CERTIFICATES WERE ISSUED BY 3 ASSOCIATIONS A B C.
THE PRESENT OWNER OF THE OFFICE, SAYS HE HAS BEEN NOT ISSUED SHARE CERTIFIACTE.
THE THREE ASSOCIATIONS ARE RIGHT NOW NOT AVAILABLE HERE.
WHAT IS THE RIGHT WAY TO BUY THE PROPERTY, AND FIND OUT WHEATER SHARE CERTIFICATES HAVE BEEN ISSUED OR NOT.
THE SEARCH REPORT IS CLEAR.
visu
02 April 2010 at 21:29
I have income in India (professional income, interest income, brokerage from shares and commodity)
I am placed on job assignment outside India.
Also have income from out of country on professional service. (withholding tax also been deducted and paid in the respective country)
Now, please advise, the taxable income india. Also how to make the amt of tax paid outside india under DTAA
Am I to pay tax in india for the income earned only in India or the total income.
I could be crossing 182 days stay outside India resulting NRI for the acctingn year.
Experts please clarify..
Also advise on NRI Investments in India, particularly on Share and commodity market.
krishna kumar singh
02 April 2010 at 14:02
under what provision of the code of criminal procedure,1973, the plea for discharge of a juvenile be filed
Anonymous
01 April 2010 at 13:16
Hi,
Can anyone guide me about the new daily wage rate (Basic+D.A.) for Textile industries in Gujarat?
Thanks & Regards,
Chinmay V. Nanavati.
(M) - +91 9825140477
Parthasarathi Loganathan
30 March 2010 at 19:25
Could the experts guide me to find out all the legal decisions affecting bankers with regard to Civil Suits, SARFAESI, DRT, etc. Any website reference will do. Is there any single database hosting my requirement. Experts may please guide me.
Palak Lotiya
28 March 2010 at 18:40
Hello,
I need to know regarding the holidays that both public and private companies compulsorily need to afford to their employees as per law, and the consequences or other benefits such as double pay or compensatory pay in case they fail to give these leaves.
Also if you can through some light as to how many and which are the national holidays and are private employers and MNCs under obligation to provide the same?
Thanks and Regards,
Palak
bhanu pratap720
28 March 2010 at 12:06
certain retired employees of a corporation seek the enhanced ceiling limit of Rs 3.5 lac to Rs 10 lac as prescribed in the 6 pay commission . these employees are covered under central dearness allowance(CDA)
. some employees of the same corporation who are covered under induatrial deraness allowance(IDA) have been given the benefit of the above mentioned ceiling . it is said that for the IDA pattern no amendment is required in the Payment of Gratuity Act while for the CDA pattern an amendment is necessary. Correspondence was exchanged between the employees , the ministry and the PMO but in vain. Is there a case law to support the case of the CDA governred employees saying that the act of the corporation Article 14 of the Constitution of India ?
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Deadline of review / reappear
DOEACC Society prints the following condition at the backside of the marksheet
The application of review must reach to their office within one month from the date of printing of the result.
Now in a case I saw, the result was printed on 2nd day of a month and it was posted on 26th.
The question is:-
1. Are they totally free to post the result as per "go as you" process? Can they post it after 40 days of printing?
2. As per the terms and condition, the time will be taken from the date of printing, so if someone receives the result after one month then there is no chance of applying for review. Who will take the responsibility?
3. Can a student ask for the copy of answer sheet from DOEACC (or any exam-authority) through RTI Act? Is there any process to prove that the authority is not sincere in valuation of the exam? (where they make dealy to prevent review).
4. Can a candidate apply for review on the basis of the result published in internet? DOEACC publish the result in their website with a declaration that there is no guaranty of correctness of the result published in internet.