milind gawde
14 August 2018 at 17:02
i was working in multinational engineering organisation joined on 18/11/2013 & my service ends on 30/07/2018 due to non project work.
In this case whether i can claim for gratuity?
Anonymous
12 August 2018 at 23:41
We are a Limited company from West Bengal, We have 3 promoting Director with share and 4 key employee cum promoting shareholder (5 Lac authorized capital).
Now 1 key employee cum promoting shareholder has placed his resignation, as per our terms he has to serve 6 months notice period, at the end of notice period we will give him a Provisional release letter and release him from day to day activity. And the final release letter we will provide after the Roc shows new name after his share transfer.
In the Provisional release letter, we include some condition that is "Being a key employee cum promoting shareholder and a key board member of the company you have lots responsibility, we are releasing you from day to day activity but you need to report if any issue arises and for your share transfer to another person and to reflect that change in ROC will take 1 year max, upon those confirmations we will give you final release letter"
Anonymous
11 August 2018 at 22:36
Respect Sir/Madam
I want to open business with name of
"Youth India Company"
Is this name is ok for proprietorship businesses
Because I don't want to open private company
somesh
11 August 2018 at 16:52
Dear Sir,
We are a reputed transport contractor. We are into logistics & transportation business serving our esteemed clients satisfactorily. We wish to state that we had provided transportation services to one of our client between the period December 2009 to March 2010, to various locations as per the rate quotations agreed mutually between us. Accordingly, we had executed the transportation and delivered all their consignments, in safe and sound condition to various consignee destinations. As per acknowledgment received from the destination site we raised all the freight bills and invoice as per the rates agreed for which the total amount comes to Rs.9,24,000/- out of which they have made part – payment of Rs.1,50,000/- in 03 parts and balance principal sum of Rs.7,74,000/- has been withheld erroneously and dishonestly without assigning any reason thereof.
We in a good faith didnt bothered them as their financial condition was not well but we repeateadly reminded them of our outstanding to be paid and they asked us for some time. we even told them to pay as per your convineince.
Now the directors have closed the company and stopped answering or calls and mails they even changed thier address but we somhow managed to find their new address and it took us 2 years. we met one of the directors and asked her for payment of our outstanding dues she said we have lost everything so we cannot pay your dues write it off from your books. then we registered the case with aaple sarkar and sought police help even they clearly said we cannot do anything in this matter go to court.
The directors of the company are living lavish life having thier home and office in posh areas of pune.
please suggest us some way out to recover this dues as it is too old.
Thanks
Somesh
Anonymous
10 August 2018 at 10:14
I was issued a credit card with limit of 16000 rupees only in the year 2002 from a private bank.
Since the year 2002 i havent recieved any sort of statements in regards to my credit card account...due to some financial issues i was not able to keep up with the payment...But now i am able to pay the entire due amount in full with interest, However i have found out from the bank that a my total due amount is now Rs 18000 but the bank is refusing to accept the payment and asking me to respond to third party recovery agents who are asking me to pay 2.5 lakhs otherwise i will remain blacklisted in my cibil
Manojkumar
06 August 2018 at 19:04
Good evening all
I have been banking with HDFC bank for about 9-10 years. i am availing C.C facility also. Recently there were lot of transfers of Relationship managers in my branch due to which i dint get proper service. There were lot of communication gaps. There were unnecessory auto debits for the stock insurance even after me giving request (request was given 1 year back with proof of my policy with other insurance company) because i have taken a stock insurance policy much better than what they were offering. And i had approached them for an enhancement which they rejected. Being their customer for the past decade and my request going unanswered, i was forced to approach a new bank. They sanctioned the amount i requested for. Now the HDFC is demanding 4% takeover charge but no charges for closure with your own funds.
i need to know the following
1) Is there rule by RBI that home bank is entitiled for 4% charges for take over because the branch manager said that this rule was passed by RBI in october 2017
2) If i close with part amount then is HDFC entitled only for the take over amount.
3) Some say that what closure charges mentioned in the Sanction letter or yearly remewal letter will be considered.
4) Since i have been with the bank for past 9 years and moving out due to bad service, theres no agenda of any other gain since these charges should not be levied.
Please advice, Thankyou
DR.VEDULA GOPINATH
31 July 2018 at 09:28
dear learned colleagues
I shall be thankful to my colleagues for giving me the recent case references and reply 1. whether negative covenants of original contract shall continue in the prolonged contracts.. b. whether the contractor can claim extra amount in the extended period..
dr vedula gopinath advocate/arbitrator
Ravi Dutt Issar
30 July 2018 at 21:47
What to do if i want to change the regd. office address of a trust from delhi to Haryana state? What are the formalities and the procedure?
Goapl Garg
30 July 2018 at 08:17
A Residential Flat Owned by me ( an Individual ) is Mortgaged as a Third Party Mortgagor (the liability being defined Only Up-to the Value of the Mortgaged Flat in sanction letter ) towards Credit Facilities obtained by a Pvt Ltd Company whose account is NPA and have been referred under IBC. Myself is neither promoter, nor Director or shareholder in the borrowing company. The Promoter Director and sole shareholder of the borrowing company has expired and the borrowing company is deserted as his heirs are keeping away from the company to avoid any liability.There is no one who can be even contacted at borrowing company.The company has no tangible assets except two properties under mortagage owned by promoter and three properties(including mine) under mortgage as third party mortgage.The Bank is even not supplying any information about the latest valuation of my flat even if I may courage for discharge by payment.
Query:-
01. Whether the appointed RP shall have right over such TPG mortgaged Flat and can liquidate it while resolving the account.
02. Whether the RP shall give opportunity to me /first right to redeem the Mortgage by making out Value of the Flat.
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Forsed resignation for marrying indirect reportee
Hi, I am new member to this forum. I am gling through a very tough time and finaly found this club on google any help or advice is hugely appreciated. I have been working for one of the MNC for last 13 years. I married one of my indirect reportee and been asked to leave the company imediately. I was taken to a meeting room asked to write my resignation on a pice of paper else they thretened that will list the same on my releasing that you have been fired on gross miscoduct. A warning letter was given to my spouse stating that you have done misconduct by being in realtion with senior leadeship.
I was on a senior manager profile and this loss of job have completely taken over a financial hit. I have running home loan and car loans plus occomodation rental. I dont know what to do.