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Apni Law
Apni Law
Law Forum › Category: Corporate
Corporate
My family owns a share certificate from Miracle Farms Pvt Ltd. They were supposed to pay us ₹9 lakhs next year, but the company seems to have disappeared! I can’t find them online, and it says they are being struck off. Is there any chance we can get our money, or should we just accept the loss?

My family owns a share certificate from Miracle Farms Pvt Ltd. They were supposed to pay us ₹9 lakhs next…

Corporate
1591 views1 answers193 votes
Apni Law answered 9 months ago
What happens if a private limited company in India can’t pay its bills? Can creditors force it to shut down? How long does this process take? Who decides how the company’s assets are sold to pay back the creditors?

What happens if a private limited company in India can't pay its bills? Can creditors force it to shut down?…

Corporate
1668 views1 answers202 votes
Apni Law answered 10 months ago
My friend and I started a software firm three years ago, splitting the ownership equally. We’ve built several products, one of which, [website name], is gaining popularity. Everything was managed informally, except for the initial legal paperwork. Now, my partner wants to set up a new company and take [website name] with them without offering me anything.1. What legal protection do I have under Indian law in this situation?2. If I file a case, what would happen to [website name]?

My friend and I started a software firm three years ago, splitting the ownership equally. We've built several products, one…

Corporate
1673 views1 answers203 votes
Apni Law answered 10 months ago
I’ve been running a chit fund business in Jammu for the past three years and am looking for some clarity on the legal requirements. I understand that Jammu has its own set of regulations for such businesses. Could you please tell me what registrations and licenses are needed to operate a chit fund company in Jammu? Thanks in advance!

I've been running a chit fund business in Jammu for the past three years and am looking for some clarity…

Corporate
1744 views1 answers207 votes
Apni Law answered 10 months ago
My friend started a private limited company that never really took off. Now, the court has issued a notice about the company’s failure to file returns with the Registrar of Companies. They want to hold the directors responsible. What can we do to resolve this fairly?

My friend started a private limited company that never really took off. Now, the court has issued a notice about…

Corporate
1736 views1 answers207 votes
Apni Law answered 10 months ago
I’m facing a frustrating situation on Freelancer.com. A client confirmed the work and released payment, but then filed a dispute through the EDR system. Now, Freelancer has locked my funds. What can I do? The work is completed and the client has accepted it. It seems like they’re unfairly abusing the system.

I'm facing a frustrating situation on Freelancer.com. A client confirmed the work and released payment, but then filed a dispute…

Corporate
1732 views1 answers207 votes
Apni Law answered 10 months ago
Imagine a small business in India, run by five partners, taking out a five-year loan from a government bank to fund a new project. Sadly, the project hits a snag, causing financial strain and leaving the company owing the bank. The partners are struggling to meet their repayment obligations, slowing down the project’s completion. They now want to bring in a new partner who will not only manage the project but also inject much-needed funds. How can this new partner safeguard themselves from the existing bank debt?

Imagine a small business in India, run by five partners, taking out a five-year loan from a government bank to…

Corporate
1816 views1 answers214 votes
Apni Law answered 11 months ago
What approvals and licenses do I need to start an online pharmacy website in India?

What approvals and licenses do I need to start an online pharmacy website in India?

Corporate
1818 views1 answers214 votes
Apni Law answered 11 months ago
I co-founded a private limited company with a friend, but we’ve had a falling out. I formally resigned as a director and wanted to dissolve the company, but my former partner is holding back the process through his chartered accountant. It’s been over half a year, and my resignation isn’t even acknowledged. We were the only two directors. How can I extricate myself from this situation?

I co-founded a private limited company with a friend, but we've had a falling out. I formally resigned as a…

Corporate
1853 views1 answers218 votes
Apni Law answered 11 months ago
I’m concerned about car companies ignoring the recent CCI order against unfair practices. I’d like to file a contempt of court case for non-compliance and want to know the email address where I can send a copy of the CCI order for your review.

I'm concerned about car companies ignoring the recent CCI order against unfair practices. I'd like to file a contempt of…

Corporate
1851 views1 answers218 votes
Apni Law answered 11 months ago
As a Director and minority shareholder in a private limited Indian subsidiary of a foreign company, my employment contract mandates a two-month notice period or salary in lieu of termination. If the company terminates my contract without justification, could my directorial role or shareholder status offer me any protection? Additionally, am I entitled to demand a severance package despite its absence in the contract?

As a Director and minority shareholder in a private limited Indian subsidiary of a foreign company, my employment contract mandates…

Corporate
1864 views1 answers219 votes
Apni Law answered 11 months ago
Transforming your LLP into a Private Limited Company: A Guide for Indian Businesses

Transforming your LLP into a Private Limited Company: A Guide for Indian Businesses

Corporate
1882 views1 answers221 votes
Apni Law answered 11 months ago
I started working at a private company three months ago and signed a one-year bond with a Rs. 60,000 penalty for leaving early. I haven’t been going to work for the past two weeks because I want to quit. Now, HR sent me a notice saying I have to either return to work or pay the penalty within three days. I’ve only earned Rs. 25,000 so far and haven’t received any substantial training. What are my legal options? This is urgent!

I started working at a private company three months ago and signed a one-year bond with a Rs. 60,000 penalty…

Corporate
1968 views1 answers228 votes
Apni Law answered 12 months ago
Is it possible for an Indian living abroad to start a business with me as partners?

Is it possible for an Indian living abroad to start a business with me as partners?

Corporate
1977 views1 answers230 votes
Apni Law answered 12 months ago
Can multi-state cooperative banks register their bad loans under the SARFASI Act? If so, what’s the process?

Can multi-state cooperative banks register their bad loans under the SARFASI Act? If so, what's the process?

Corporate
2095 views1 answers240 votes
Apni Law answered 1 year ago
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