Anonymous
01 June 2020 at 14:09
Employee are willing to purchase less than 10 shares every month of their own organisation as long term investor and not for trading. Also, ready to give declaration of the purchased quantity. But, the company management is prohibiting for purchasing the shares of the company, directly or indirectly.
Deepa Sharma
29 May 2020 at 13:11
Dear Sir/Madam
Ref to my subject, I am doing service providing work for Insurance Companies. And one of my reputed client hold my payment, on behalf of an audio recording, submitted by the Claimant (single case). And send us a notice for not paid payment " due to bribe allegation". They hold our 100 cases payment, The said audio recording are not belongs to our worker. And we explain the company, but they not lesion to our clarification, and take one side decision, and declined to pay our payment. We once sent them a notice through advocate, but they not replied. So need the guidance. My client is Pune (Maharasthra).
with regards
Deepa Sharma
CA Vivek Kasat
29 May 2020 at 01:58
This question dates back to the year 2015.
A PVT ltd company has 3 directors of which 2 are staying outside of India (non resident) at one place and 1 is staying in India. It has also appointed a full time Company Secretary.
On 25th September 2015, Company realised that Financials are to be signed and none of the non-resident directors could travel to India and vice-versa.
So, what various options are available to comply with the provisions of section 134 related to signing of Financial Statements by the Company? Also plz give a very practical view i.e. where back dated paper work can also be prepared on this 25th September 2015.
Anonymous
28 May 2020 at 09:54
If someone removed from private job in software company in 5 months how much should company pay
Anonymous
26 May 2020 at 22:46
Dear Sir,
Facts: Company is under CIRP ( Corporate Insolvency resolution process)
RP is appointed
Current status : Negotiations with promoters for settlement.
Salary of Post CIRP is pending
RP has expressed his view regarding termination without payment of dues in this COVID period.
Employee who have earlier filed a case for payment of salary is pending before NCLT and they have again moved a fresh application to stay the termination till the settlement process under inherent power of NCLT.
Query : Is there any specific provision in which NCLT can direct to stay the termination or may say to pay the dues before termination.
Any judgment to support the case of employee
Shobhit Jain
25 May 2020 at 20:23
Which returns need to be submitted by Non-deposit taking NBFC to RBI having asset less than Rs 50 crores?
Anonymous
22 May 2020 at 22:37
Dear sir,
Facts : The company is under Insolvency proceedings (CIRP) as per the order of insolvency.
At Present the affairs of Company is being run by Resolution Professional.
Current Status : Settlement between Promoters and Financial Creditors is undergoing and there is likelihood for settlement.
Employees has filed IA before NCLT for the payment of outstanding salary for both Pre CIRP and Post CIRP process.
The matter is pending before NCLT and on the last date of hearing NCLT has directed to pay salaries of employees on priority from available funds.
Now RP has communicated during COVID-19 that he intends to terminate employee by paying half of the pending salary of POST CIRP period and the remaining will be paid post settlement with the promoters or upon liquidation as the case may be
Question: Can RP terminate the employment during this period when the matter for payment of salary is pending before NCLT.
What is legal defence the employee have against this intended termination ie without the payment of complete dues.
What stand we need to take for filing appropriate application before NCLT against this intended termination b
while the settlement process is on
Shobhit Jain
17 May 2020 at 21:24
What is the entire procedure to register and form a housing finance company?
Shobhit Jain
17 May 2020 at 20:37
Does housing finance company need to register as NBFC ?
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