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In Need of Help   24 September 2018 at 05:06

Procedure and possibility to debit freeze joint account

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

Quote

"The account Mode of operation is with survivorship clause, we cannot block account on instructions of one of the holders."

Unquote

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.
Milcheal

Abdullah basha nalmandi   24 September 2018 at 03:36

Selection of date of increment in bsnl

Sir I am working as Jto in bsnl
From 11/9/2009 i worked as Tta
Now from Sep 4 of 2018 i become Jto through departmental lice exam
In my pay slip i had date of increment as 01.11.2018
If I continued as Tta i got increment on o1.11.2018 but after Jto I have to got one increment
Now if I give the option for increment on date of promotion the regular increment will cut
Is there any chance to get both increment sir
Yearly plus promotion


Please clarify me

Anonymous   18 September 2018 at 23:08

Mentally Harassed By Employer

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!

Regards,
Sourav Taneja

raviraj   14 September 2018 at 17:49

How to trade forex legally from india - fema

We know that forex trading is illegal in india , except for trading pairs listed on NSE.
FEMA prohibits trading in any overseas instrument where margin is invovled, My question is:

How can one do this legally ?
Is it legal, if an indian resident sets up a company abroad and the company does the trading in forex and other derivatives.

Anonymous   11 September 2018 at 16:34

Sebi listing obligations and disclosure requirements

Dear all,

The SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2018 amended Regulation 17 by inserting sub-regulation 1B and the same reads as follows:

“(1B) With effect from April 1, 2020, the top 500 listed entities shall ensure that the Chairperson of the board of such listed entity shall -
(a) be a non-executive director;
(b) not be related to the Managing Director or the Chief Executive Officer as per the definition of the term “relative” defined under the Companies Act, 2013:
Provided that this sub-regulation shall not be applicable to the listed entities which do not have any identifiable promoters as per the shareholding pattern filed with stock exchanges.

On the other hand the first proviso to Section 203 provides for same person to be appointed as Chairperson and Managing Director subject to certain conditions.

In view of the above, can it be said that the newly inserted Regulation is in contravention to Section 203 of the Companies Act, 2013.


Anubha   06 September 2018 at 13:48

Relieving issue

I had resigned from the company but has not served my notice period. And they had sent two warning letters after the date of joining. I didn't get it if I had resigned why they had sent the warning letters and has raised absconded against me. I need my relieving but they are not helping me. What should I do??

Punit Gupta   04 September 2018 at 20:44

Partnership firm working as an ngo

Dear Veterans,
Greetings.
My query is on a partnership firm working as an NGO.
Can Partnership firm, registered under Partnership Act 1932, work and operate as an NGO?
What can be legal hassles and complications in this case.
Also share if only 2 persons willing to operate as NGO, what can be the best form of organisation they can opt for?
Please enlighten with your valauale inputs.
Regards:
Punit

nandini dhargalkar   03 September 2018 at 14:45

Transfer of society shares on nominee

if deceased person has signed only one nominee, a son, even after having wife and other four children alive, should society transfer shares without indemnity bond of the nominee?

Aniket Buddhe   03 September 2018 at 10:05

Reagarding Serving Notice Period

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?

finpro consultants   03 September 2018 at 08:37

Accounts provided by pvt co

Dear Experts,

I am a minor shareholder of a private limited company and have received AGM Notice with Annual Accounts of the Company through EMail. My querry is :- a) Can I ask for Signed Hard Copies from the Company b) Can I ask the Company to provide me more details about Balance Sheet items such as List of Sundry Creditors/Debtors and P&L items such as list showing details of to whom how much salary is paid, to whom how much commission is paid. c) If I can I communicate my qurries on accounts, when & how I can raise such querries.