Bharati Agarwal
25 April 2016 at 16:22
There was a Share Depository A/c in the name of Sunil Kumar Agarwal HUF in which Mr Sunil Kumar(Husband) was Karta and myself Bharati Aharwal(wife) and Sony and Lovely(Two Major Unmarried Daughters) were coparcenors/members.Mr.Sunil Kumar(Husband-Karta) demised without any will. We have re-constituted the HUF with myself Bharati(Surviing eldest female & wife) as Karta and my two daughters as members.The depository service says to open a new Depository account in my name as karta and to provide either,(01) succession certificate(02) Registered Partition Deed or(03) Registered Family Settlement Deed for transmission of shares held in earlier account to new account.
We have decided to formulate a Family settlement Deed in which the earlier HUF shall remain active/alive with re-constitution as above and the 25% share of my husband(the ex-karta)shall devolve in equal proportion among my mother-in-law, myself and my two daughter.My mother in law has agreed to relinquish/throw her right over 1/4th of 25% share of her son to the newly constituted HUF and also myself and my two daughters shall also keep their 1/4th share of 25% of m husband into the newly constituted HUF, thereby the newly re-constituted HUF shall remain owner of entire share holding of earlier HUF with myself as karta and my two daughters as members/coparcenors. As a substantial amount is to be spent on Stamp duty towards registration, I seek your expert advise that the arrangement so proposed by us mutually to be converted into a Registerd Family settlement shall hold good for the purpose and the Depository service would /should have no problem to accept it. Actually the Depository service is very shaky and is not able to reply in clear terms for the ways and means and is dealing very whimsically which has cast a doubt among us whether the proposed settlement shall hold good in law and shall be enforceable?
Kindly throw light over the subject as your opinions earlier has proven as challenging to authorities and binding on them.
Please help....
Stephen Suryawanshi
25 April 2016 at 14:26
Hello,
I was fired by a Ahmedabad based company named Infibeam from my post of Affiliate Marketing Manager
I joined the company on 1st March 2016 and was terminated on 19th April 2016.
The reason that they gave me that the company doesn't have any role or have plans for my job designation and hence they fired me.
The asked me to drop a resignation email which I did or else they were gonna terminate me.
I also read my appointment letter where it says that upon termination by an employer the company is liable to give me 15 days notice and if a employee leaves the company, the employee has to give 2 months of notice.
I feel there is something legally can be done against this so that I can get more compensation from the company and feel something is not right
Please help here
Best regards,
Stephen. S
Anonymous
24 April 2016 at 12:29
Sir/Mam,
I'm from Chennai, I had joined as a fresher 11 months back at an investment bank as a relationship manager. Had some good times with business and in turn was able to generate income for my company. I'm fed up with the way they approach clients and also of late tightened some norms which are so very hard to settle sales. I also had some emotional familial issues unresolved. I approachedy super boss and boss requesting resignation, they were able to negotiate well as they were in sales. I got 2 months advance salary in december during Chennai floods, recoverable over 12 months. Now almost 4 months gone. Thinking of joining an operational job. How to escape these clutches? Should I abscond?
Vinay r
24 April 2016 at 00:10
Hello, myself vinayaka, a civil engineer, I was working in a private ferm in Mysore from 3 years before I was relieved from my services 7 months back. The company dint clear my salary and allowance dues which amounted to rs 148000 even after 6 months from getting relieved. After lots of persistence and requesting after 2 weeks i was given complete clearance of the salary dues in 2 post dated cheques which got bounced due to insufficient balance. I have sent him 2 mails regarding the bounced cheques and haven't got any reply for them. Kindly suggest me what legal proceedings I can go for to get my salaries from the employer.
Thank you
Amit Kumar
22 April 2016 at 10:15
What's the format of appeal u/s 32 (u.p. vat)
CA Shraddha Vora
21 April 2016 at 18:13
A Company while increasing its Authorised Share Capital from Rs. 1 Cr to Rs. 8 Cr has wrongly mentioned Paid Up Capital also as Rs. 8 Cr and MCA also approved the Form SH-7 and Master Data of the Company is also updated from MCA side with wrong Paid Up Capital of Rs. 8 Cr without filing Form PAS-3(Return of Allotment).
Again that same Company filed Form SH-7 for increasing its Authorised Share Capital from Rs. 8 Cr to Rs. 8.05 Cr with Correct Paid Up Share Capital mention in it as Rs. 1 Cr, but MCA has approved the Form by increasing its Authorised Share Capital by Rs. 8.05 Cr with same Paid Up Capital of Rs. 8 Cr Only even after mentioning the right Paid up capital of Rs. 1 Cr in the Form.
Is there any solution available to Correct the Paid up Capital in the Master Data of the Company?
Anonymous
21 April 2016 at 16:39
What's the format of appeal u/s 32 ( u.p. vat)
Aarti
19 April 2016 at 16:06
Can anyone please guide me on how to register for the Delayed Payments act with the MSME? Also, is there any maximum term within which we can raise our case with them??
Urgent query, please guide.
Sushil Kumar Sharma
18 April 2016 at 12:38
Dear all,
Can we appoint Non Executive Director as President of the Company? What is the exact meaning of President?
Please provide your experts view at the earliest and oblige. Thanks
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Decree against plc
We have been given an arbitration award against an Unlisted PLC.Do we inform the MCA about this civil decree against the company,so that the Company does not do any manipulation ?
Secondly how do we ascertain the asset details of the Company so that we can file an execution petition in Court against the company ? The Company has not been filing any returns etc to MCA since inception in 2012 !