Legal questions on Business Law

Hi, I and my partner both together hold 50% share each in LLP (Limited Liability Partnership). We have mutually decided that we cannot run the company on 15th Dec 2021. My Partner has put in Rs. 7.7 lakhs whereas I have put in Rs. 4.92 Lakhs. The company as on date does not generate any profit and has no debt as well. Since the inception of the company we had an internal understanding that eac...

Hello, Actually I left my previous organization in Jan this year and because of some personal family issue, I was unable to go to office as I was at my hometown. I had explained the whole thing to my Team leader that what was the issue which happened ( although it was very personal) however, prior to that they had already marked me as abscond. I requested them a lot about it as I never wan...

I’m working in MNC for past 4 years and till now the notice period was 30 days . Recently we received an email stating the notice period is changed from 30 days to 90 days . I had a word with manager stating I do not accept this cause as it is a very stringent policy change . The HR and my manger said a company has a right to change polices . As per terms of employment given to us when joining ...

1.This company is deducting our salary via TDS, With zero salary slip and no HR policy 2.On the other hand, they didn't provide us any system to track our TDS ? 3.No tax payers ID rules ,and its a contract based job, Where there is zero system and mis-treatment happening with the employees. 4.No attendence management for which we are bound to work on public holidays, even if we take p...

A Private Limited Company Registered at Gujarat under Companies Act since 1966 where following were the structure of of the Company - Directors / Shareholders (Total 5 Directors and 4 Shareholders) - Group A - Mr. A (13%) and Mr.B (14%) - total 27% Stake Group B - Mr. C (64%), Mr. D (9%) and Mr.E - total 73% stake All the above directors & and shareholders are relatives of each other ac...

Hi, I’ve put in my official request of resignation with my current employer and my next employer wishes to buy-out my notice period of 60 days. The HR of my current firm said that they don’t let anyone buy out their notice period and it’s mandatory to serve the full notice period. However, it’s mentioned in my offer letter. Kindly refer to the below: Upon your confirmation, either Party s...

I have applied for a job and the employer had interviewed me. After selection they mailed me the offer as CTC and position and told me to collect the offer letter on the day of joining. The working location was approx. 200KMS away from my residence. So was little bit difficult to find proper residence or rent house to live. Somehow i managed to give it a try and reached the employer city ...

Hi, As per company standard policy, 1) employee have to serve notice period of 90 days 2) in case the employee requests to be relieved without serving the complete notice, he/she is liable to pay a liquidated damage towards the shortfall in the notice period which us calculated based on the last drawn/ maintained basic pay component of the home location salary of the employee. The company r...

I had a 1-year contract with a company and have completed 10 months working with them last year in June. My CTC was 33,000 per month. Last year in the month of June I received only 20,000 as a salary for the month of May when I asked for the same why this deduction is done they said because I did not follow the office rules. I asked them a lot of times but no satisfactory answer was provided to...

Greetings, My current company is not agreeing to let me go by serving 30 days notice period + 60 days buy out. Company policies reads: "On completion of 3 months, this contract of employment is terminable by you by giving 90 calendar days' notice in writing to TCSL . It is clearly understood, agreed and made abundantly clear that you shall have to necessarily work during the period of notic...

Hi Sir/Ma'am, I work in an IT MNC. I joined this IT firm last year in October 2021 and I have currently completed 5 months. I joined this IT firm as a contractual employee for a big IT Organization. I have dropped my resignation via email to the HR and the HR's Manager on 15th March 2022 ie. Tuesday. The reason for my resignation is that after getting hired in this big IT organization, t...

I am a software developer working for a company , let's say Company A , my company has contractual staffing business model where it has provided me to a company B. Company B in turn has a client company C for which I am working. Company C has offered me a position directly with them , my query is that can I join this company C without any legal complications from my company i.e company A. ...

Hi, The apartment association where I own an apartment is facing a unique issue., I am sure this is there in other apartments too. Most of the owners are living in different cities (far away places). So they had given the apartment for rent. For a General body meeting or any other meeting where an opinion of owners are needed, only very few people are able to attend and effectively contr...

As per my Company Offer letter, there is a payout option. Now i want to take release from my company ericsson buy my company is not ready to release even after i am ready to pay my basic pay for 3 month. in this situation, what i shold do and how i can take release from my company. This Offer of Appointment can be terminated by either side, by giving one month’s notice during the probation p...

We are an IT company, we are giving internship with job opportunity to interns who are in the final semester of their education. Because we are spending our resources to train these newcomers, we are singing a notarized bond with them before starting them as interns. We hired one intern as our employee in August 2021 with 18 months of bond agreement which cost 50 thousand. We are taking the ch...

I have individual 51 % shareholding in a company. My wife is having 14 % shareholding . Our group jointly have 64 % Out of six directors, four directors including mine are voting for us in all meeting. Company is having two acres of industrial factory. Two directors are not interested in any more investment in factory . I am planning to complete construction work and start manufacturing activit...

We are start up for skin,body & hair care products.We wish to engage a third party for manufacturing of your natural and organic skin care products. Initially manufacturer is providing few samples & then we finalized or modify as per our need of feel, smell & test. Manufacturer is making formulation for us only. We wish to have legal documents that protects us from all our claims mentioned belo...

Dear Sir, I had signed with One KPO project in 2019 and it was not taken forward by client nor didnot refund the amounts by saying different silly reasons. Then he come with new project with fake commitments after a year by saying he could recover all the losses with new project by colleberating with my company. He asked me to invest money. Once I paid the investment money he showed again hi...

The platform has blocked my account, because LinkedIn is a professional platform and I raised my voice. This all happened because I questioned a celebrity in US for a political post, that was promoting an Indian political party with fake propaganda, as its election time. I questioned her with supporting links of reports and news from the US government itself, that goes completely goes agains...

TERMINATION OF EMPLOYMENT Your appointment can be terminated by the Company if your Medical Screening or Background Verification check reports have major discrepancies. The management’s decision in all such cases will be final and binding. The minimum period of notice that both you and the Company must give to terminate your employment is three months. Notice must be given in writing. Fail...