Hi, I would like to understand if a Person "X" has declared insolvency in his Pvt Ltd company "A" and has a legal case in progress with creditors, can "X" continue to be a partner in a Partnership Firm "B" OR can "X" transfer his partnership in "B" to his Son/Daughter/Wife?
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
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!
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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.
Dear team,
Can we take undated or blank cheques for personal loans which is granted by nbfc s to their employess
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
Whether SARFAESI will be applicable in case of property categorised as POND?
Re: change in signature? is there any procedure?
Dear Sir's,
In the company where I work the director of the company wants to change his signature for some personal reasons as his current signature is very much complicated and he wants to make/change into simple signature? Is there any procedure?
Whether the director of the company needs to make an registered notarized affidavit to submit it to any relevant authority? or whether he has to issue public notice in newspaper for that purpose?
Kindly advise.