Fixed deposit / loan / investment..??
shankar
(Querist) 28 May 2012
This query is : Resolved
Dear Sir,
i have my own small business, in which i am accepting amount from individuals and giving them 30% annual fixed returns.
Currently i have 20 clients those are my relatives and colleagues and i am offering them MOU as security
....But now i want to expand my business and i have appointed agents.. i am getting many enquires. i may have around 5000+ clients base.
so my question is ..
1) can i form proprietorship or pvt ltd company.
2) in mou what shld i mention received amount towards loan / fixed deposit / investment as i am offering them 30% p.a.
3) can i issue share certificate / fixed deposit certificate..
4) can i issue Fixed deposit certificate as i am accepting amount from them for fixed tenure.
5) what will be the minimum charges to form pvt ltd company..
what will be best and easiest way to start my businenss..
ajay sethi
(Expert) 28 May 2012
commercial query . you can afford legal fees . if you are giving 30% returns pay some legal fees too
shankar
(Querist) 29 May 2012
I will go for legal consultancy..this is just startup phase..pls help
Shonee Kapoor
(Expert) 29 May 2012
No advise can be rendered.
Regards,
Shonee Kapoor
harassed.by.498a@gmail.com
Guest
(Expert) 10 December 2014
Well Advised
Anirudh
(Expert) 10 December 2014
SHAME ON THIS FELLOW TO ATTEND THIS TWO YEAR OLD QUERY.
HE IS TRYING ALL THESE GIMMICS TO HIDE HIS FALSE AND FRADULENT PROFILE.
This fellow cannot even be a last person one can consult for any advice.
This fellow is good for nothing. Many a times he gives advices which are not supported by law.
TAKE THIS FELLOWS FALSITY IN HIS PROFILE. THIS FELLOW ATTACHES MORE IMPORTANCE TO THE PROFILE, WHILE HE IS FILLING UP TOTAL FALSE HOOD IN HIS PROFILE.
please visit the following link:
http://www.lawyersclubindia.com/lawyers_search/N-J-S-Rajkumar-alias-narasimha-254519.asp#.VIcRwmeHPFx
where he claims that he is practising from 2001, while as already indicated by me, he was enrolled only in the year 2012!!! CAN ANYBODY PRACTICE BEFORE ENROLMENT? IF ONE DOES SUCH A PRACTICE IS HE NOT FIT TO BE CALLED A "FRAUD"?
N.J.S.Rajkumar alias narasimha's Details
Listed Under
Business Law
Civil Law
Criminal Law
Practicing Since
2001
Specialization
SEBI and SEBI RELATED CASES
Court
Others
Address
54,PARASURAMA EASWARAN KOIL WEST MADA STREET,AYANAVARAM,CHENNAI 600023
Other Details
rajkumar_wins@rediffmail.com 9444036927
Therefore, before taking advice, the querist should be too careful
