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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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I have to sign a legal document with one of my clients in which it is stated that I should not do any similar business for next two years after termination of service. I am already doing a similar kind of business presently also. Please suggest. the point mentioned by the client is as below:

The said covenant may not strictly be enforceable since the same can be construed as being an agreement in restraint of trade, especially since the same relates to a period after the termination/expiry of the contract under consideration. Such agreements in restraint of trade are not valid under law and therefore cannot be given effect to. The excepti...


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How do I legally remove a director in a private limited company, with his equity shared among other directors?
Procedure for removal of a director of a private limited company:

A Company by ordinary resolution in an Annual general meeting or an extraordinary General meeting can remove a director. Special Notice about the resolution to remove a director shall be issued to the members. A copy of the said notice to be sent to the director to be removed ...


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In India, what is the procedure to start an online academy?

On-line Coaching provided via internet, Online Coaching Includes all the Benefits of physical classroom learning like Video Lectures, Assignments, live Doubt solving sessions, Discussion Forums, Exam Preparatory tests, and much more. Here, a student controls the learning process, by choosing when and how much to study as per prescribed Study Plan deve...


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In India, what is the procedure to start an online academy?

On-line Coaching provided via internet, Online Coaching Includes all the Benefits of physical classroom learning like Video Lectures, Assignments, live Doubt solving sessions, Discussion Forums, Exam Preparatory tests, and much more. Here, a student controls the learning process, by choosing when and how much to study as per prescribed Study Plan deve...


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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...


View answer
I have to sign a legal document with one of my clients in which it is stated that I should not do any similar business for next two years after termination of service. I am already doing a similar kind of business presently also. Please suggest. the point mentioned by the client is as below:

The said covenant may not strictly be enforceable since the same can be construed as being an agreement in restraint of trade, especially since the same relates to a period after the termination/expiry of the contract under consideration. Such agreements in restraint of trade are not valid under law and therefore cannot be given effect to. The excepti...


View answer

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