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YES, If you are using it for personal use it is fine but if you are using for commercial purpose then its illigal.
...
Wazzeer Professional Network
ProfessionalIs 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?
In today s world, just to again go to the interesting thing we came across while surfing over the internet. We take screenshots of that copyrighted content just to again go through that interesting thing we came across, My question - IS TAKING SCREENSHOTS OF ANY COPYRIGHTED MATERIAL FOR PERSONAL USE LEGAL? And are all the circulated memes over facebook and whatsapp legally right under copyright law?
-
Wazzeer Professional Network
ProfessionalYES, If you are using it for personal use it is fine but if you are using for commercial purpose then its illigal.
7 months ago
View answer
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?
In today s world, just to again go to the interesting thing we came across while surfing over the internet. We take screenshots of that copyrighted content just to again go through that interesting thing we came across, My question - IS TAKING SCREENSHOTS OF ANY COPYRIGHTED MATERIAL FOR PERSONAL USE LEGAL? And are all the circulated memes over facebook and whatsapp legally right under copyright law?
-
Wazzeer Professional Network
ProfessionalYES, If you are using it for personal use it is fine but if you are using for commercial purpose then its illigal.
7 months ago
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.
...
Wazzeer Professional Network
ProfessionalPte Ltd company can issue bonds?
I require capital and my friends are willing to receive a fixed percentage of return for the first year, and I am looking at options on how to do so without issuing them equity.
-
Wazzeer Professional Network
ProfessionalHi,
You can take unsecured loan or issue of debentures loan. these two will be easy to issue as compared to the issue of bonds.
7 months ago
View answer
Pte Ltd company can issue bonds?
I require capital and my friends are willing to receive a fixed percentage of return for the first year, and I am looking at options on how to do so without issuing them equity.
-
Wazzeer Professional Network
ProfessionalHi,
You can take unsecured loan or issue of debentures loan. these two will be easy to issue as compared to the issue of bonds.
7 months ago
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...
Wazzeer Professional Network
ProfessionalA 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.
Though no terms and conditions were signed, no commission or percentage was set among us. I use to charge only patrol fair i.e. 200-300 rupees. And he was happy with this system as he was saving and making huge money out of it. Now after he has purchased products in installments (6 months) worth 9.5 lakhs and paid 9.3 lakhs to me, he is complaining as some (10%) of the products are not as he asked for though he’s forcing me to get it returned and asking me to pay his money back. I am nowhere in a condition to pay him anything as I don’t have any source to sell them or return them because there was no refund policy between me and him nor with the vendor I purchased from. All these deals were done on mobile messages through “WhatsApp” between me, him and other vendors. All the money transferred to me was through cash deposits in my bank. No invoice/quotes were provided or signed. I have not charged any commission on the products, but he’s forcing me to pay him. What shall I do?
-
Wazzeer Professional Network
ProfessionalIt 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 payment. Further, no invoices exist or no consideration was given to you for the services extended. In these circumstances, it would be difficult for the person to prove any claims before the courts against you although there is not denying the fact that you were part of the transaction. However, rather than escalating the issue and avoiding any litigation costs, it would be advisable to discuss with the vendor and the get the goods replaced, if possible.
over 2 years ago
View answer
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.
Though no terms and conditions were signed, no commission or percentage was set among us. I use to charge only patrol fair i.e. 200-300 rupees. And he was happy with this system as he was saving and making huge money out of it. Now after he has purchased products in installments (6 months) worth 9.5 lakhs and paid 9.3 lakhs to me, he is complaining as some (10%) of the products are not as he asked for though he’s forcing me to get it returned and asking me to pay his money back. I am nowhere in a condition to pay him anything as I don’t have any source to sell them or return them because there was no refund policy between me and him nor with the vendor I purchased from. All these deals were done on mobile messages through “WhatsApp” between me, him and other vendors. All the money transferred to me was through cash deposits in my bank. No invoice/quotes were provided or signed. I have not charged any commission on the products, but he’s forcing me to pay him. What shall I do?
-
Wazzeer Professional Network
ProfessionalIt 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 payment. Further, no invoices exist or no consideration was given to you for the services extended. In these circumstances, it would be difficult for the person to prove any claims before the courts against you although there is not denying the fact that you were part of the transaction. However, rather than escalating the issue and avoiding any litigation costs, it would be advisable to discuss with the vendor and the get the goods replaced, if possible.
over 2 years ago
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...
W Network
ca1.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.
As chairman, I denounced his activity in a board meeting and thus canceled his executive Directorship and stopped remuneration. Other Director No-4, Opened another business organization as the same name of our company. Our Company Name is "Ardent Ltd" His new Company name is "Ardent Healthcare". As it came to my notice, I vigorously objected in the issue. The Managing Director is a very inactive person and afraid of the other Directors to take any decision against them and kept mum on all issues. Seeing no hope of future businesses I resigned from the post of the chairmanship. I have also resigned from the Directorship and asked for the withdraw of my shares. On January 15, 2016, all other directors at the board meeting (without me) decided to prepare a balance sheet of 2015 and will pay my shares within January 31, 2016. Later on, they have extended the date for 26th, April 2016 but till now nothing is done. I feel they took time to find how they can find ways not to pay anything. Recently they have shown a loss of Tk. 4 crores. 2 crores as bad debts and about 2 crores as stock losses or scrabs. May I request an advice what step should be taken by me. Should I ask for my directorship again or I have any other alternatives
-
W Network
caIf 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 which such share would be available to them. Price will be determined by the directors or the auditors of the company. The company should also intimate to the members, the time limit within which they should communicate their option to purchase shares on transfer. If none of the members comes forward to purchase shares then the shares can be transferred to an outsider and the company will have no option, other than to accept the transfer.
We will be glad to help you draft a perfect notice in no time. just 'Get a Wazzeer' to kick-start the process.
about 3 years ago
1 more 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.
As chairman, I denounced his activity in a board meeting and thus canceled his executive Directorship and stopped remuneration. Other Director No-4, Opened another business organization as the same name of our company. Our Company Name is "Ardent Ltd" His new Company name is "Ardent Healthcare". As it came to my notice, I vigorously objected in the issue. The Managing Director is a very inactive person and afraid of the other Directors to take any decision against them and kept mum on all issues. Seeing no hope of future businesses I resigned from the post of the chairmanship. I have also resigned from the Directorship and asked for the withdraw of my shares. On January 15, 2016, all other directors at the board meeting (without me) decided to prepare a balance sheet of 2015 and will pay my shares within January 31, 2016. Later on, they have extended the date for 26th, April 2016 but till now nothing is done. I feel they took time to find how they can find ways not to pay anything. Recently they have shown a loss of Tk. 4 crores. 2 crores as bad debts and about 2 crores as stock losses or scrabs. May I request an advice what step should be taken by me. Should I ask for my directorship again or I have any other alternatives
-
W Network
caIf 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 which such share would be available to them. Price will be determined by the directors or the auditors of the company. The company should also intimate to the members, the time limit within which they should communicate their option to purchase shares on transfer. If none of the members comes forward to purchase shares then the shares can be transferred to an outsider and the company will have no option, other than to accept the transfer.
We will be glad to help you draft a perfect notice in no time. just 'Get a Wazzeer' to kick-start the process.
about 3 years ago -
W Network
caIf 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 which such share would be available to them. Price will be determined by the directors or the auditors of the company. The company should also intimate to the members, the time limit within which they should communicate their option to purchase shares on transfer. If none of the members comes forward to purchase shares then the shares can be transferred to an outsider and the company will have no option, other than to accept the transfer.
We will be glad to help you draft a perfect notice in no time. just 'Get a Wazzeer' to kick-start the process.
about 3 years ago
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.
...
Wazzeer Professional Network
ProfessionalPte Ltd company can issue bonds?
I require capital and my friends are willing to receive a fixed percentage of return for the first year, and I am looking at options on how to do so without issuing them equity.
-
Wazzeer Professional Network
ProfessionalHi,
You can take unsecured loan or issue of debentures loan. these two will be easy to issue as compared to the issue of bonds.
7 months ago
View answer
Pte Ltd company can issue bonds?
I require capital and my friends are willing to receive a fixed percentage of return for the first year, and I am looking at options on how to do so without issuing them equity.
-
Wazzeer Professional Network
ProfessionalHi,
You can take unsecured loan or issue of debentures loan. these two will be easy to issue as compared to the issue of bonds.
7 months ago
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...
Wazzeer Professional Network
ProfessionalA 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.
Though no terms and conditions were signed, no commission or percentage was set among us. I use to charge only patrol fair i.e. 200-300 rupees. And he was happy with this system as he was saving and making huge money out of it. Now after he has purchased products in installments (6 months) worth 9.5 lakhs and paid 9.3 lakhs to me, he is complaining as some (10%) of the products are not as he asked for though he’s forcing me to get it returned and asking me to pay his money back. I am nowhere in a condition to pay him anything as I don’t have any source to sell them or return them because there was no refund policy between me and him nor with the vendor I purchased from. All these deals were done on mobile messages through “WhatsApp” between me, him and other vendors. All the money transferred to me was through cash deposits in my bank. No invoice/quotes were provided or signed. I have not charged any commission on the products, but he’s forcing me to pay him. What shall I do?
-
Wazzeer Professional Network
ProfessionalIt 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 payment. Further, no invoices exist or no consideration was given to you for the services extended. In these circumstances, it would be difficult for the person to prove any claims before the courts against you although there is not denying the fact that you were part of the transaction. However, rather than escalating the issue and avoiding any litigation costs, it would be advisable to discuss with the vendor and the get the goods replaced, if possible.
over 2 years ago
View answer
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.
Though no terms and conditions were signed, no commission or percentage was set among us. I use to charge only patrol fair i.e. 200-300 rupees. And he was happy with this system as he was saving and making huge money out of it. Now after he has purchased products in installments (6 months) worth 9.5 lakhs and paid 9.3 lakhs to me, he is complaining as some (10%) of the products are not as he asked for though he’s forcing me to get it returned and asking me to pay his money back. I am nowhere in a condition to pay him anything as I don’t have any source to sell them or return them because there was no refund policy between me and him nor with the vendor I purchased from. All these deals were done on mobile messages through “WhatsApp” between me, him and other vendors. All the money transferred to me was through cash deposits in my bank. No invoice/quotes were provided or signed. I have not charged any commission on the products, but he’s forcing me to pay him. What shall I do?
-
Wazzeer Professional Network
ProfessionalIt 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 payment. Further, no invoices exist or no consideration was given to you for the services extended. In these circumstances, it would be difficult for the person to prove any claims before the courts against you although there is not denying the fact that you were part of the transaction. However, rather than escalating the issue and avoiding any litigation costs, it would be advisable to discuss with the vendor and the get the goods replaced, if possible.
over 2 years ago
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...
W Network
ca1.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.
As chairman, I denounced his activity in a board meeting and thus canceled his executive Directorship and stopped remuneration. Other Director No-4, Opened another business organization as the same name of our company. Our Company Name is "Ardent Ltd" His new Company name is "Ardent Healthcare". As it came to my notice, I vigorously objected in the issue. The Managing Director is a very inactive person and afraid of the other Directors to take any decision against them and kept mum on all issues. Seeing no hope of future businesses I resigned from the post of the chairmanship. I have also resigned from the Directorship and asked for the withdraw of my shares. On January 15, 2016, all other directors at the board meeting (without me) decided to prepare a balance sheet of 2015 and will pay my shares within January 31, 2016. Later on, they have extended the date for 26th, April 2016 but till now nothing is done. I feel they took time to find how they can find ways not to pay anything. Recently they have shown a loss of Tk. 4 crores. 2 crores as bad debts and about 2 crores as stock losses or scrabs. May I request an advice what step should be taken by me. Should I ask for my directorship again or I have any other alternatives
-
W Network
caIf 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 which such share would be available to them. Price will be determined by the directors or the auditors of the company. The company should also intimate to the members, the time limit within which they should communicate their option to purchase shares on transfer. If none of the members comes forward to purchase shares then the shares can be transferred to an outsider and the company will have no option, other than to accept the transfer.
We will be glad to help you draft a perfect notice in no time. just 'Get a Wazzeer' to kick-start the process.
about 3 years ago
1 more 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.
As chairman, I denounced his activity in a board meeting and thus canceled his executive Directorship and stopped remuneration. Other Director No-4, Opened another business organization as the same name of our company. Our Company Name is "Ardent Ltd" His new Company name is "Ardent Healthcare". As it came to my notice, I vigorously objected in the issue. The Managing Director is a very inactive person and afraid of the other Directors to take any decision against them and kept mum on all issues. Seeing no hope of future businesses I resigned from the post of the chairmanship. I have also resigned from the Directorship and asked for the withdraw of my shares. On January 15, 2016, all other directors at the board meeting (without me) decided to prepare a balance sheet of 2015 and will pay my shares within January 31, 2016. Later on, they have extended the date for 26th, April 2016 but till now nothing is done. I feel they took time to find how they can find ways not to pay anything. Recently they have shown a loss of Tk. 4 crores. 2 crores as bad debts and about 2 crores as stock losses or scrabs. May I request an advice what step should be taken by me. Should I ask for my directorship again or I have any other alternatives
-
W Network
caIf 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 which such share would be available to them. Price will be determined by the directors or the auditors of the company. The company should also intimate to the members, the time limit within which they should communicate their option to purchase shares on transfer. If none of the members comes forward to purchase shares then the shares can be transferred to an outsider and the company will have no option, other than to accept the transfer.
We will be glad to help you draft a perfect notice in no time. just 'Get a Wazzeer' to kick-start the process.
about 3 years ago -
W Network
caIf 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 which such share would be available to them. Price will be determined by the directors or the auditors of the company. The company should also intimate to the members, the time limit within which they should communicate their option to purchase shares on transfer. If none of the members comes forward to purchase shares then the shares can be transferred to an outsider and the company will have no option, other than to accept the transfer.
We will be glad to help you draft a perfect notice in no time. just 'Get a Wazzeer' to kick-start the process.
about 3 years ago
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