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Fate of Winding Up Petition

1. What are the circumstances which the Company Court takes into account before admitting/dismissing a Winding Up petition? How can a Company avoid admission of petition itself? 2. What exactly is the meaning of "commercial insolvency", which the Courts have taken into account while hearing the...

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1. What are the circumstances which the Company Court takes into account before admitting/dismissing a Winding Up petition? How can a Company avoid admission of petition itself? 2. What exactly is the meaning of "commercial insolvency", which the Courts have taken into account while hearing the winding up petition post its admission. What is the financial data which courts look into while determining a company's commercial solvency/insolvency?

  • 1 Answer
  • 1034 Views
Asked at August 06, 2014
Default avatar Ayushi Singhal
last answered almost 8 years ago
Partnership in NGOs

Are there any laws applicable to NGOs in the matter of partnership? If yes, what are they?

  • 1 Answer
  • 971 Views
Ddb961e05ce6aad400976092876777c343882007 Ashwini Tallur
last answered over 7 years ago
Relevance of Acquisition Agreement

Hey there, I am a business owner and my company is in the process of acquiring another company. What I want to understand is that , what happens with the intellectual property of the acquired company such as trademark, copyright etc can that be transferred from one entity to another

  • 1 Answer
  • 317 Views
Asked at April 25, 2014
Default avatar Asmita Rakhecha
last answered over 5 years ago
Cancellation of Power of Attorney

i had given a power of attorney regarding a property situated in indore to my relatives. after that i wanted to get it cancelled it was done by a pune-based lawyer and the entire cancellation was in marathi and i couldnt understand a word of it. but since the lawyer was a trusted family friend i...

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i had given a power of attorney regarding a property situated in indore to my relatives. after that i wanted to get it cancelled it was done by a pune-based lawyer and the entire cancellation was in marathi and i couldnt understand a word of it. but since the lawyer was a trusted family friend i relied on him to do it. of late i have heard talks that perhaps it was not cancelled. if it not cancelled i can be a great problem. i am placed in calcutta right now. my questions are 1. do i have to go to indore to get it cancelled again or can i do it from calcutta itself? 2. suppose the power of attorney is cancelled, will cancelling it again create any problem? 3. suppose there was any misuse done to the property between the period when i wanted to revoke the power of attorney and till the time it was actually revoked, what is my remedy?

  • 1 Answer
  • 1217 Views
Default avatar Jayanth Ravi
last answered over 5 years ago
Defect in Quality of Product

Hi i have purchase adidas shoes but it got some defect so gave to the shop from where i purchased,the shoes is in warranty period..i have the receipt of purchase and receipt when i gave it to the shop for replacement..need advice planning to complaint in consumer court since neither the shop...

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Hi i have purchase adidas shoes but it got some defect so gave to the shop from where i purchased,the shoes is in warranty period..i have the receipt of purchase and receipt when i gave it to the shop for replacement..need advice planning to complaint in consumer court since neither the shop owner nor the adidas is responding since mailed them at care@adidas.com too but no respond

  • 2 Answers
  • 385 Views
Asked at March 29, 2014
Default avatar Saumya Kumar
last answered over 5 years ago
Sale of Tailored products in a store dealing exclusively with Handloom Products

I deal in handloom products where i don't sell any tailored merchandise. My friend however has requested me to keep some of her start-up's promotional t-shirts in my store. though they are meant for promotional purpose she intends to sell it below the Cost price at a token sum. I presently don't...

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I deal in handloom products where i don't sell any tailored merchandise. My friend however has requested me to keep some of her start-up's promotional t-shirts in my store. though they are meant for promotional purpose she intends to sell it below the Cost price at a token sum. I presently don't have to pay any sales tax on handloom products, but I'm worried that if I keep such promotional t-shirts which are being "sold" at "token price" , it might get me under the sales tax department radar. Can you please clarify this?

  • 1 Answer
  • 944 Views
Default avatar Asmita Rakhecha
last answered over 4 years ago
Assignment of copyright v. License Agreement

If suppose I run a website, and I take the services of various authors to write articles for my website, now these authors want to sign a 1 or 2 page contract with me that I will acknowledge all their articles by by providing authorship credits to them on my website. in this case I am a bit...

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If suppose I run a website, and I take the services of various authors to write articles for my website, now these authors want to sign a 1 or 2 page contract with me that I will acknowledge all their articles by by providing authorship credits to them on my website. in this case I am a bit confused if the required contract should be assignment of copyright (assignment agreement) or license agreement ? However I feel that an assignment agreement will be more suitable as I want a simpler contract. Can their be any contract simpler than assignment agreement ( as I have read on ipleaders blog that assignment agreement requires term of assigning copyright and territorial extent, which is something I don't intend to include in my contract) ?

  • 1 Answer
  • 430 Views
Asked at March 04, 2014
Default avatar Asmita Rakhecha
last answered over 5 years ago
Partnerships v. LLP

Hi Guys! My father run a sole proprietorship business for the last 11 years. He is thinking of expanding his business. He spoke to some of his friends and they are thinking of entering into a partnership. Can you advise as to the possible structure they should adopt? Should they enter into a...

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Hi Guys! My father run a sole proprietorship business for the last 11 years. He is thinking of expanding his business. He spoke to some of his friends and they are thinking of entering into a partnership. Can you advise as to the possible structure they should adopt? Should they enter into a usual partnership or an LLP? What are the tax benefits for the latter?

  • 1 Answer
  • 612 Views
Asked at February 25, 2014
Default avatar Arvind Manghirmalani
last answered over 5 years ago
Eligibility of Minor be a member of a corporation

Can a minor be a member of a corporation? Can he be made responsible for his acts under the Corporate Criminal Liability doctrine?

  • 1 Answer
  • 1195 Views
Asked at February 15, 2014
Default avatar Divya Maheshwari
last answered over 5 years ago
Directors: duties and liabilities

I want to have a detailed analysis of the duties and liabilities of the directors under new companies act, 2013.

  • 1 Answer
  • 714 Views
Asked at February 13, 2014
A10560674e9e45cecb4d381d20bfbb61ebf4650c Diptimaan Kumar
last answered over 5 years ago
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