Anonymous
14 November 2023 at 22:16
Sir ,
I want to start a private limited company but i dont want any shareholder but i need the legal structure of a pvt limited company as I can have more than one director, hold shares and other tax benefits , can i register two private trust where i myself is the trustor or author of the trust and incorporate the company with the two trust as the shareholder ?
Please look into this matter!
Tyler James
09 November 2023 at 22:52
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Tyler James
09 November 2023 at 21:46
Relationships are built on trust, love, and open communication. However, there are times when doubts and suspicions creep into our minds, causing emotional turmoil. Discovering suspicion in a relationship can leave us feeling lost, confused, and even betrayed. It's important to address these feelings and find a way to either rebuild the trust or gather concrete proof to confront the issue head-on. While trust is the foundation of any relationship, sometimes our instincts tell us something is amiss. Recognizing the need for concrete proof becomes crucial when suspicions arise. It's not about snooping or invading someone's privacy, but rather about finding peace of mind and ensuring the relationship is based on honesty and transparency. In such cases, seeking the assistance of professional services, like Cybernet Surveillance, can provide a way to uncover the truth with undeniable evidence. Cybernet Surveillance was successful in giving me good evidence from my cheating wife by hacking into her phone and she did not even notice because of the tools involved. I saw all her nude videos sent to other men. Cybernet Surveillance have brought me peace. You can contact them on email; CYBERNETSURVEILLANCE @ MAIL . COM for phone hacking or any other form of hacking.
Haresh Kumar
07 October 2023 at 13:27
My company, XYZ Limited, holds 20.72% shares of ABC Ltd., making ABC Ltd. our associate. We do not have any subsidiary companies. Considering this scenario, I would like to know if it is necessary for us to prepare a consolidated balance sheet in accordance with Section 129 of the Companies Act 2013 and Rule 6 of the Companies Rules. Please note that Ind AS (Indian Accounting Standards) is not applicable to our company.
Anonymous
13 September 2023 at 13:19
Dear team,
Can we take undated or blank cheques for personal loans which is granted by nbfc s to their employess
Ranbir Khaitan
08 September 2023 at 18:37
Dear sir ,
I had purchased one vehicle on loan from bank and three months after purchase the vehicle faced an accident following which i could not pay my emi to thebank the insurance company denied the claim than i filed one case against the insurance company making bank also the party in the said matter the bank and the insurance company both contested the case in the mean while the bank initiated the arbitration proceeding while the matter was pending in consumer forum the consumer
forum ordered for physical verification of the vehicle to order insurance company to repair the vehicle but the bank repossess the vehicle and sold it at a meagre price
After selling the vehicle the bank has further given me a notice to pay remaining amount of 5 lakh to the bank when the value of the vehicle was 7 lakh now what should i do please help
Anonymous
11 August 2023 at 10:50
Whether SARFAESI will be applicable in case of property categorised as POND?
Anonymous
25 July 2023 at 01:57
As mentioned in my offer letter, relocation assistance can only be recovered in case of termination/resignation within one year from the date of joining. I have already completed around 20 months(6th Dec 2021 - 10th July 2023) and hence this deduction is not applicable to me.
But company is asking to return the same stating the reason given below.
"""Please note that all employees are required to relocate to the city of the office they are tagged to on or before their date of joining. Considering the multiple effects of the pandemic and many challenges that employees would have faced to complete this relocation, company had accommodated delayed relocation and provided employees as much as possible time to take care of their personal needs before taking any action/decision regarding relocation. Considering this, had to make necessary adjustments to the policies in terms of reimbursements and corresponding recovery. You would appreciate that in an ideal scenario, the Company would have required employees to relocate on or before their joining date (instead of a delayed relocation) and hence the recovery would reflect the date from which the assistance would be received by the employee.
Please note that we must adjust policies to align our practices with evolving market trends and business requirements. The policy on Relocation Assistance clearly states that ‘the relocation expenses that are reimbursed and the amount spent on accommodation is recovered in full along with applicable taxes, if the employee decides to leave the Company before one year from the date of payment’. (not stated before joining or during joining, changed in between)
Additionally, the Employment Agreement that governed your employment with Arcesium also provides and states that ‘The Employee agrees to abide by all policies, rules, and guidelines generally applicable to other employees of the Company. The Company’s policies, rules, and guidelines may be amended from time to time and shall be treated as incorporated in this Agreement’. Accordingly, note that the then current policy of the company will supersede the provisions of the Offer Letter.
For your question Also, was this policy shared with me before the joining date?(I asked this in mail chain) – We don’t share policies with employees before their date of joining owing to confidentiality.
Please be assured that this decision was not taken lightly and was made in accordance with our policy, which we truly believe continues to uphold the spirit of providing relocation assistance and imposing recovery in case of separation within one year from when the benefit was received. It is important to note that this recovery applies uniformly to all employees in similar situations. The rationale behind such a recovery is to ensure consistency and fairness in the application of our policies across the organization.
We understand that this recovery may cause some financial inconvenience, and we genuinely regret any negative impact this may have on you. However, we believe it is essential to maintain fairness and uphold the integrity of our policies for all employees.
Thank you for your understanding and cooperation in this matter. We appreciate your contributions during your tenure with us and wish you the very best in your future endeavors. """
What would you advise in this case?
Anonymous
03 July 2023 at 19:04
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Termination of employment
I am working in MNC( IT sector) . I joined in this company on 25 july 2022. Around 6 months back, Due to delayed delivery of project, my supervisor asked me search job outside. But i did not accept. Recently he initiated performance improvement plan (PIP)and planning to terminate my service if expectations are not met. My query here is that 1. Will the employer issue termination notice if my performance is not as expected? 2. In between my supervisor finding the ways to terminate on basis of misconduct. He is shouting in meetings at me in front of people for minor things, still I am keeping quiet. Is the employer has right to terminate on basis of misconduct during performance improvement plan? Because my supervisor is finding ways to terminate as soon as possible. Please advice.
Thanks