Kindly let me know as to what would be Appeal fee amount for filing a SA appeal before DRT Ranchi u/s 17(1) of SARFAESI Act where the disputed demand amount is Rs. 7,34,904/-
A prompt reply will be highly appreciated
Thanks and regards
Advocate , Jamshedpur
The resolution professional has issued letter indicating reduction in salary of the employees.
My understanding is that since reduction in salary have adverse impact on calculation of gratuity and other benefits as such reduction may only be done after paying the previous accrued benefit and then starting afresh with the new terms of employment.
Kindly advise so that we may counter the resolution professional proposal.
Any judgment to support the contentions will be appreciated
Resolution professional has issued termination letter to the employees without conducting vote on this issue.
My understanding is as under:
Relevant Section is Section 28 (1) (L) read with Section 5 (23) of insolvency and bankruptcy code.
As per these sections Resolution professional can only terminate the employee subsequent to voting conducted in this regard and further upon securing 66% vote in favour of this Agenda.
Kindly advise whether my understanding is correct or else advise the right method of doing during Insolvency.
Any judgment in support of the contention if available may be forwarded.
This question dates back to the year 2015.
A PVT ltd company has 3 directors of which 2 are staying outside of India (non resident) at one place and 1 is staying in India. It has also appointed a full time Company Secretary.
On 25th September 2015, Company realised that Financials are to be signed and none of the non-resident directors could travel to India and vice-versa.
So, what various options are available to comply with the provisions of section 134 related to signing of Financial Statements by the Company? Also plz give a very practical view i.e. where back dated paper work can also be prepared on this 25th September 2015.
I am working with Delhi based company however I am deployed with one of their client in Gurgaon,
During joining my payroll company provided me appointment letter with below details
"Probation: Initially the appointment shall be for a probationary period of 3 months. Thereafter, if your services are found satisfactory, you shall be issued a letter of confirmation. Your probationary period can also be extended at the discretion of the company.During the probation period either the company can terminate the appointment or you by giving 15 days notice
Termination: a:) On confirmation of your services you may terminate this appointment by giving 90 days notice in writing. No adjustment to be made in lieu of notice period at the time of exit."
As of now they have not given me any confirmation letter that I am now their confirmed resource neither any letter that my probation period has been extended.
I am having some personal issues and will not be able to work longer in Gurrgaon and wanted to quit the organisation.
I have put down my resignation and asked for early release, Now they are forcing me to serve 90 days.
Though I have not received or signed signed any confirmation letter that say I am bound to serve 90 days notice period.
I tried for all negotiation already served 30 days notice period hoping for smooth exit but they are not agree to provide me any early date.
Please let me know any solutions.
Procedure and possibility to debit freeze joint savings account
Kindly guide me as to how to debit freeze joint savings account.
It is joint account with 7 members of a family and can only 1 member request the bank to debit freeze account?
The joint account is misused with unauthorized withdrawal and transfers to other single account with no accountability by 2 members out of 7 and the rest 5 are unaware of it. The funds belongs to say 1st member but siphoned out by the 6th member and 7th member.
Requested Bank but not cooperating stating
"The account Mode of operation is with survivorship clause, we cannot block account on instructions of one of the holders."
Is there any regulation or rule available issued by Reserve Bank of India which can be presented to bank for getting the debit freeze.
Thank you for your help.
Dear Sir/ Mam,
This issue is regards to my wife who was mentally harassed by employer and would seek guidance for the problem.
My wife was working with X company from last 9 months and suddenly her boss (Company Director) told her that your salary has been kept on hold and you are on probation and she being tensed thought to resign and she left the job in next 7 days.
She didn't received her F&F after following up for more than 2 months and her boss blocked her on WhatsApp and messages. After calling from multiple numbers , finally she asked to come office and gave commitment of paying salary next day but she didn't paid and after I jumped in between and finally after long follow up she paid the same after 1 month.
But angrily my wife wrote a message to her about her unprofessional behaviour and using few personal comment.
She immediately received a message from her Boss husband saying that he will send a legal notice on her name and now she is so much tensed.
I would need you advice and way ahead to get rid of this problem, even knowing my wife was somehow right . Pls help!
I joined a private company in kolhapur ok 1 june 2017 as a Trainee Engineer.I was also given appointment letter as a Trainee Engineer.The stipend was 10,000/- and also it had clause that the job will terminate as soon as 1year of trainee period is concluded and had no mention of notice period.Also it had clause that i wont have any right over permanent job in company.Now the compay has sent me letter stating that i will have to serve notice period for one month and approve the resignation letter.Also My trainee period ended in 1 july 2018 since then neither the company offereed me any other offer letter nor any post nor did my salary incresed so i left job on 14 august 2018 and went there till 19 august so as to give my responsibility.But am i to give one month legal notice period to company?
I am incorporating a new private limited company in MCA(RoC)
So, I am leasing a property for 3 years. But the company isn't Incorporated yet !!!
Question 1 - How/What kind of lease deed I should make ?
Question 2 - Is there any special changes I should make to lease deed ?
Question 3 - Should I register my lease deed ?
Question 4 - Is there any tax payable by lease / lessee ?
Question 5 - What are the things should I keep in mind while making lease deed ?
dear learned colleagues
I shall be thankful to my colleagues for giving me the recent case references and reply 1. whether negative covenants of original contract shall continue in the prolonged contracts.. b. whether the contractor can claim extra amount in the extended period..
dr vedula gopinath advocate/arbitrator