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Anonymous   02 May 2018 at 07:49

Offer letter - payment after 12 months / termination

I was working with Akraya Private LTD in Pune. I joined them as Director - Recruiting on the 17/5/2015.
The offer letter had details for my pay structure as below:
I willl be paid 22.5 lacs as base salary.
I will be 3.0 Lacs as bonus on completion of my year tenure

In the interim, I suffered an accident, and looking at my bad condition, tte owner offered me a loan amount of 2 lacs, which could be adjusted when I complete my year with his organization. I accepted it.
I was laid off on the 27/4/18. The payment structure as below:

Accounts department will process your “full and final” check as discussed.

Salary for the month of April till 27th.
Leave encashment – If any.
One month of ‘notice pay’.
Bonus pay of Rs. Two lakhs
Deduction of your loan of Rs. Two lakhs.

Please read above, and tell me if I'm eligible to get my annual tenure pay out of 3.0 lacs on the basis of Corporate Laws.

Nilesh   25 April 2018 at 15:05

Supplementary parternership deed format

Hi,
I need to amend a parternership deed and do the following changes,

1) Add new name to the partnership with change in Percentage.
2) Add the new partner as responsible for operations of the Business.

Please send me a draft copy of this

Thank you.

viswanath   23 April 2018 at 22:55

Death claim

My father is having account with SBI Recently he expired .He is having 2 SB accounts and One senior citizen saving scheme deposit worth 5 lacks is having nominee (may be quarterly interest) and TD’s worth of all i mean senior citizen saving scheme deposit, SB and Term deposits total 9.5 lacks. All these are under one CIF account out these 3 are having nominee and other are not having no nominee. When we consult bank authorities for claim they are saying its not possible to settle partially even though nominee is registered. They are asking witness and Surety for 15 lacks from other person not related us. Kindly let us know the correct rules to claim the process. Please do the needful

aman   22 April 2018 at 20:54

Registration of public trust

I work in a govt bank , can i be a member or trustee in a charitable public trust.
What is the procedure and court fee for registration.

Saraswati   21 April 2018 at 16:15

Non receipt of payment

How to get the benefit which I am eligible from my previous company. I am scare to go by legally

Nandukumar Kamat   20 April 2018 at 15:38

Limited company -bank account closed

Dear Sir,

In Limited company, the bank account closed and the balance amount of cheque issued in director name.
Any violation of law regarding the cheque received in director name after closing the company Bank Account.
Violation of Law as per Section 185 of Companies Act, 2013 – Loan to Directors.
Now cheque received in director name for Rs.3420/- can show as reimbursement of Expenses.

Please advise in above matters

Thanks & Regards
NK

Anonymous   18 April 2018 at 00:25

Co-op banking

Hello I need some advice from an expert in co-op banking as there are none in my state. Thanks!

Nafees Salim Shaikh   16 April 2018 at 19:50

Suspicious/Fraudulent Activities happening in my Company

Respected Sir/Madam,

I work as a Travel Consultant in a Backoffice located in Thane of a UK based Travel Agency whose main office is in UK.
I joined this company in Feb 2018. But after joining this company I found thay they are involved in doing lots of fraudulent and suspicious activities.

For Example: From our Backoffice we handle flights/airlines fare quotation enquiries, seats availability, make reservation for UK and Indian passengers on call and collect all payment details on call or thru email. But after collecting payment or charging the passengers debit/credit card they dont issue their Tickets and almost in all cases they issue tickets only one day before the departure date of travel of passengers and if any passengers calls requesting for their Electronic Tickets copy then they fool them by sending them just the Itinerary Copy of their trip. Some of them who dont have any knowledge about all these things gets fooled but some of them who are intelligent they tends to argue and insist us to send the correct tickets. But inspite of receiving the payment the Directors of this company who sits in the UK office force us to tell lies to customers by giving some reasons to give them a hope and try to convince them that they will receive their E-Tickets very soon.

Example 2: If a Passenger done the booking 4 to 6 months in advance from their travel date and made the payment thru Bank Transfer or thru Debit/Credit Card and as usual after receiving the payment they just send the itinerary receipt and later on if the passenger wishes to cancel their reservation or do some changes then as we handle UK Point Of Sale so they Charge 275 british pounds per Passenger as a Cancellation Fee and 225 pounds as a Date Change Fee per Passenger plus fare n tax difference if any. But in reality these Charges will be applicable on passengers whose tickets are already issued and not at all on those passengers whose tickets are not issued so the entire money goes in the management's pocket.

Example 3: When a passengers make the reservation and does the payment by personally visiting our Slough and Lester offices in UK so at that time they collect the payments and issue tickets and give them the tickets printouts but as soon as the passenger leaves the office or on the same day they Void the E-Tickets and issue the fresh tickets with new ticket numbers one day before the passenger travel date. They does all such fraudulent practices bcoz they knows that if a passengers does the flights bookings 3 to 4 months in advance then there is a possibility that he/she might need to change or cancel the reservation before the travel date and this means the company will get bonus income and they wont have to share it with the airlines concerned due to non-issuance of original tickets.

Example 4: If a passenger has done the booking and later on due to some reason opt for cancellation then they dont give the refund amount of their tickets easily and keep irritating the passengers by repeating the dialogues that our agency have not received the refund amount in our account from the airline side thats y we are unable to give the refund to pax but in reality it takes max 3 to 4 weeks to process refund but they makes us inform the passengers that it will take 12 to 14 weeks to receive the refund amount. And inspite of the fact that they receive refund from the airline the Agency's Management staff choose to delay the refund amount to pax.

Right from the time I have joined this company I have came across lots of different above given scenarios where the management has laid guudelines to cheat the passengers by making its staff tell lies to them and we have to obey their orders without objecting to it. My Travel Company is an Iata recognised Agency and they have the Ticketing Authority of only 2 Airlines that is Jet Airways and Air India as these 2 Airlines operates lots of flights especially between UK and India and their Flights Tickets price are Cheaper than other Airlines who operates either only one flight a day or very few flights per week. So as per the management we are instructed to offer and give first preference to the passengers for AI and 9W flights options for their fare quotation enquiries and if pax agrees to the quoted fare then our Agency management gets to fool lots of passengers by implementing on the above given scenarios tactics.

In the last 3 months Me and my Colleagues have attended Calls of different passengers who went to the London Heathrow and Birmingham Airports by carrying the E-Tickets which they collected from the Agency office at the time of doing the payment but after reaching the Check-In Counters they found that their tickets are not valid for travel means it is a Voided Ticket so these type of passengers gets angry and frustrated and contact us demanding for clarification regarding y their tickets were voided and issue/reissue fresh tickets for them asap..!! And some passengers even gives bad words and says that your travel agency are involve in some suspicious activities and we will report to Police or File a case in Court against the Company for their actions.

I have earlier worked in other Travel Companies as well and I know that companies always keep a profit margin on the amount of flights tickets they sold to passengers but I have never witnessed such type of cheap fraudulent and suspicious activities in my professional life journey till date which I have seen and experienced by working in my current company. I feel so pity for those passengers who have became victims of this company's cruel, unethical, unprofessional practices which they have been doing it consistently to reap the benefits and manage their operational expenses. And just in case if any passengers report to Police or file a case against our company then will our Office be raided by Police and can they arrest the entire staff for the company's fraudulent actions..?? or being a responsible citizen shud I upfrontly report to Police about whats going on in the Company..??
I am very much confused and willing to switch my Job asap and join a good ethical company.

So I would like to know the expert opinions, views, feedback and legal advice for my above given scenario.

Regards,
Nafees

Anonymous   16 April 2018 at 15:13

Transfer of shares

what happens to the shares when a shareholder dies and there is no nominee or legal heir?

Rudra Dev Bagchi   16 April 2018 at 09:37

Arbitration

What are the responsibility of an arbitrator after he receives the reference of arbitration