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Recently Answered Questions

Is taking SCREENSHOTS of copyrighted videos photos,memes, etc., for personal use legal in India provided I am not sharing it to anyone and keep it to myself for further use?

YES, If you are using it for personal use it is fine but if you are using for commercial purpose then its illigal.

...

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Pte Ltd company can issue bonds?

Hi,

You can take unsecured loan or issue of debentures loan. these two will be easy to issue as compared to the issue of bonds.

...

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A friend of mine, from Punjab, runs an authorized franchise of apparel store in Amritsar. On my visit to his store, he requested me if I can help him locate any places to buy original/duplicate fashion apparel in my city i.e. Delhi. As his authorized distributor purchase products from Delhi and use to charge heavy amount on the same from him. I found a couple of vendors who sell the products he required, and I started helping my friend by purchasing things from Delhi and he use to pay me through cash transfer in my bank account. Am not a professional buyer/nor a businessman.

It emerges that the person in Punjab has no privity with any of the vendors in Delhi directly since the supply of the goods, receipt of the payment etc. was done in your name/bank account. It is understood from the facts stated that the payment for the goods have been made and there was no issue raised by the person at the first instance before making...


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1.We established a company in 2003 where we were 5 shareholder Directors with the following share percentages: 1. Me 35% Chairman 2. Another 35% MD 3. Another 10% Dir (responsible for import & marketing of some Medical re-agents) 4. Another 10%Dir ( responsible for tender business and marketing of orthopedics products) 5. Another 10%.Dir( Has her own business) The Last Director has her own business and have shown disinterest in our Company have declared willingness to withdraw her share in Dec.2013, though official separation has not yet done. Last year it came to my notice that Director no 3 has been operating his own company since 2012 and have been importing products of our principal and was marketing for his own company and doing virtually nothing for us through receiving remunerations regularly from us as Executive Director.

If you want to be a part of the board of the Company, you can request the Board of Directors to take you again in Directorship otherwise you can transfer your shares. You may give notice to the company of your intention to transfer your shares. The company, in turn, will notify to other members as regards the availability of shares and the price at wh...


1 more answer
Pte Ltd company can issue bonds?

Hi,

You can take unsecured loan or issue of debentures loan. these two will be easy to issue as compared to the issue of bonds.

...

View answer
No questions in this category.
A friend of mine, from Punjab, runs an authorized franchise of apparel store in Amritsar. On my visit to his store, he requested me if I can help him locate any places to buy original/duplicate fashion apparel in my city i.e. Delhi. As his authorized distributor purchase products from Delhi and use to charge heavy amount on the same from him. I found a couple of vendors who sell the products he required, and I started helping my friend by purchasing things from Delhi and he use to pay me through cash transfer in my bank account. Am not a professional buyer/nor a businessman.

It emerges that the person in Punjab has no privity with any of the vendors in Delhi directly since the supply of the goods, receipt of the payment etc. was done in your name/bank account. It is understood from the facts stated that the payment for the goods have been made and there was no issue raised by the person at the first instance before making...


View answer
1.We established a company in 2003 where we were 5 shareholder Directors with the following share percentages: 1. Me 35% Chairman 2. Another 35% MD 3. Another 10% Dir (responsible for import & marketing of some Medical re-agents) 4. Another 10%Dir ( responsible for tender business and marketing of orthopedics products) 5. Another 10%.Dir( Has her own business) The Last Director has her own business and have shown disinterest in our Company have declared willingness to withdraw her share in Dec.2013, though official separation has not yet done. Last year it came to my notice that Director no 3 has been operating his own company since 2012 and have been importing products of our principal and was marketing for his own company and doing virtually nothing for us through receiving remunerations regularly from us as Executive Director.

If you want to be a part of the board of the Company, you can request the Board of Directors to take you again in Directorship otherwise you can transfer your shares. You may give notice to the company of your intention to transfer your shares. The company, in turn, will notify to other members as regards the availability of shares and the price at wh...


1 more answer

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