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sonavnayak   03 February 2018 at 22:37

Arbitration and loss of reputation

Can we claim loss of reputation during the arbitration,

n v r gupta nallajalla   03 February 2018 at 22:33

Training consultancy not paying remuneration for trainers

Hi,

I have worked to a corporate training consultancy(registered to Delhi state) as a freelancer trainer(from Bangalore) and given a training to corporate software company(In Bangalore). Got very positive feedback from the client company. But the training consultancy is not ready to pay the full amount as mentioned in the work order.
We have a valid work order, feedback forms of that training, mail conversations of the partial amount discussions.

How to proceed further in a legal way?

Thanks and Regards,

roy   01 February 2018 at 13:39

Appeal against non-credit of monthly pension

I draw my govt pension through a prominent private sector bank of the country. Recently, I submitted my life certificate to one of their branches as directed by the bank. However, it appears that the document is stuck somewhere in their internal channel and not reached the head office. Therefore the bank has withheld my complete pension till the documents reaching the head office.

Please advise if this is a ground for me to proceed against the bank's high-handed action.

ravi   31 January 2018 at 19:50

Selfappointment as md

I am in the process of beginning operations within a new company. The company has 3 directors with 1/3 of the shares each. Apart from us we also have appointed a working executive director. However we are facing certain issues in regards to decisions to be made and there are few conflicts arising.
The working executive director has self proclaimed himself as the Managing Director of the company.Is this legally acceptable?
Also, he is taking decisions/signing checks etc without the consent of all the three directors.
There is one catch though,2 of the directors apart from me are from his family. In this case is it possible for them to take decisions without my consent?
Please advise as this needs to be sorted out urgently.

Anonymous   30 January 2018 at 18:42

Termination of highly paid employe

Hello Sir,
Our company wants to terminate one Manager, who has working with us since 4 years. He is earning 6 digit salary, means highly paid employee. Company can terminate him by looking business requirements, Not improvement in assign department, Not following management instruction, arguing nature etc..?

Quick response will be appreciated. Thanks

Anonymous   30 January 2018 at 18:39

Gratuity payment on termination case of highly paid employee

Hello Sir,

I would like to get an information that if company wants to terminate any employee, who is highly paid and not completed 5 years, then employer need to pay gratuity amount to him?

Regards,

sonavnayak   29 January 2018 at 20:21

How can I file for a private limited company who cheated

We have already done FIR against director of Pvt.ltd.co. for not comancement of business against franchise agreement (05/2014), due to not having LEAGAL approval of product license of CNG KIT from any Indian govt.authorities ,which co.wants to sale unauthorized.
All prospectus shown us as very highly ROI business and fals commitment given through agreement as well as term sheet.

My question is ,How can we file a complaint under company act.2014.and which section been applicable

lawyer780$   28 January 2018 at 09:25

Regarding re-appointment after resignation

I have resigned from Indian Oil Corporation Limited (Central Govt. Undertaking) w.e.f 04.01.2018 in view of my new employment in Delhi Transco Limited ( Delhi Govt Undertaking) after paying all dues and bond amount. Now I am feeling very depressed in my new job. Is there any provision to reappoint in my previous employer ??

Neeraj Jha   27 January 2018 at 15:18

Bought a car but dealer cheated 20 thousand

Hi,

Recently I bought a car through a third party who deals with Banks for loans and Car dealers, I got connected with him while I was searching best deal for car online.

I was delivered the car and everything was fine but I mistakenly sign the loan agreement documents without feeling it properly and interest rate and amount columns were left blank. The loan amount to be taken is 2 lac on 8.89% but later I came to know he filled it with 2.2 lac with 9.26% and this information I came to know by his own, I started quarrel with him then but at that time the loan amount was not disbursed.

So I made a call to bank customer care and requested to cancel the loan and in this regard I sent an email to customer care of bank also mentioning that if bank disburse any amount then I would not pay any single penny as EMI.

But Bank passed the loan and 2.2 lac rupees credited to the dealer's account. Now I have the proof that in well advance I intimated to bank not to disburse the amount.

Now, Am I legally bound to pay the EMI of the loan?? inspite of I already intimated bank to not pay out any amount to dealer.

Now the dealer telling that the prize was fixed 5.7 not 5.5 and he is telling lie.

I am ready to pay EMI according to 2 lac which is justified but not for 2.2 and with higher rate of interest also.

Please help.

Nandakishore polisetty   25 January 2018 at 11:49

Regarding financial fraud took place in our private limited

Dear sir,

We have started our company in 2011 and financed by sbh. Due to various reasons we couldn't pay emi to the bank and hence declared NPA. Later in May 2016 another person who has good profile from Canara bank has come forward to take over our company under mutually agreed terms and conditions written legally documents prepared by Advocate.

The commercial production of the company started from January 1,2017

We are 3 directors in the company and I hold 49% share, my partner hold 26% share and his wife holds 25% share. I'm also director and joint signatory of the account.

But by colluding with the bank our partner has disbursed the funds to non business related Accounts, bank also passed the cheques without my signature and later asking me to come and sign on the cheques.

Our partner has threatened us that he can harm us illegally and did man handling once to my father and sent men to home who behaved rude manner.

We went and spoke to the manager about illegal and unauthorized transactions and she said that we are following according to the resolution which is submitted by the company.

But I haven't signed on any Resolution or no Agm was conducted. Even after sending multiple letters to the bank there is no response from them.

Bank also removed my contact number from Bank database and am not getting any otp when transactions being made through net banking.

We are planning to file legal case and proceed through NCLT.

Kindly suggest what could be done and we are also thinking to approach cbi

Regards,
Nandakishore