Documents required for partnering
Gautham
(Querist) 23 July 2013
This query is : Resolved
Dear sir, I run a IT/ITES related organisation for a year. We have got an enquiry from a Multi national company which has its subsidiary in India, USA and australia. They are will to get projects for us and they require a registration charge from us. For the registration charge they are ready to provide a receipt and a bond in which it is mentioned that the registration money will be refunded in 180 days. Their benefit is, we have to do profit sharing with them or a percentage from the turn over. I verified with the ROC that they have a registered branch in India, also verified in USA and Australia. They request to transfer a part of the money to their directors account to avoid tax and the rest to the company account.
My questions are:
What are the documents that are to be collected from the company?
In the receipt there is an accountant's signature, how to validate that it is authorised signature?
If they do not provide a project or did not refund the money in 180 days, can I fie a suit against them to retrieve my money back?
Expecting your reply to proceed further. Kindly reply at the earliest.
Regards,
Gautham
Nadeem Qureshi
(Expert) 23 July 2013
Dear Querist
contact a lawyer personally with all the documents
