Mr.A booked flat on ongoing scheme . Possession was expected as per RERA in Dec.2022. Due to covid RERA has given extension of 6 months. Total 5 buidling of 22 floor is to built up. Till date only two building work upto 5 floor is completed. It is highly impoosible that builder can build within june 2023. The work is going on at tortise spped and explaination of covid is given by builder. Mr.A has paid 25 lakhs out of 65 lakhs. He does not want to continue in the scheme and invest more amount and wish to quit from scheme. What is remdy to Mr. A. He can claim for refund from Builder. What will happen if he doest not remitt further demand. A is senior citizen and cant fight legal . What us best remedy ? Please give expert reply .

In our NGO we are in planning to procure some fixed assets from overseas. We also arranged one sponsor for it. Our sponsor wanna make direct payment to the vendor but our vendor is not agreeing to issue invoice in sponsor name as he is giving us some discount as we are an NGO.

Kindly advise

Whether to provision created also to report as other payable in FLA filing .

An assessee had received services from a firm and part of the services was sub contracted to another firm by the firm to whom assessee had initially given the contract. Now the sub contractor is willing to get the payment from the assessee.
I want to know whether it is possible to do so?
Since bill will come from the first firm to the assessee.

We are having one property at Maharshtra having with 7 legal hairs .

Out of 7 legal hairs 5 are residing at Gujarat . ( one mother , son and three daughters.) . The son and 3 daughters wish to relquishment of their legal rights., so that three legal hairs can sale the property.
My question is ..
1) Whether the legal hairs can do relquishment of rights ( registered ) at Gujrat ? , and copy of which we can submit to city of Maharashtra?
2) The legal hairs dont wish to come at Maharashtra?
Please guide .

sir as we know according to section 1(4)(f) that company law applies to any body corporate incorporated by any special act which central govt. by notification, specify in this behalf, subject to such exceptions, modifications or adaptation, as may be specified in the notification". so here does company law applies on LIC as it is incorporated under LIC Act and is a Public Financial Institution. morever, what are PFI, whcih are shown in books as type of companies. so are they companies or not or what. plz explain in details.
thank you!!!

IF A PARTICULAR PARTNERSHIP ENDS AFTER A PARTICULAR ADVENTURE BUT THE PARTNERS CONTINUE IT AFTER COMPLETEION OF BUSINESS , THEN WOULDN'T IT BE BREACH OF CONTRACT BECAUSE THEY HAD MADE AN AGREEMENT TO CARRY ON BUSINESS FOR A PARTICUALR ADVENTURE OR BUSINESS , BUT SINCE THEY CONTINUE TO DO BUSINESS, IT IS CLEAR BREACH OF THAT CONTRACT

hi sir, in contract which consist of single promise and simulatenous performance,for eg... "A" offers reward for anyone who finds his watch he will give 500rupees. "B" comes to know about this and finds the lost watch and return it to "A". in this case "A" is promisor and "B" is promisee. so according to definition of consideration as per 2(d) "when at the desire of promisor, the promisee or any other person has done or abstained from, or does or abstains from or promises to do to to abstain from doing something, such an act, absitenance or promise, is known as consideration for the promise",... so if we look at the last word consideration is for promise.. so in the above example it is "A" who gives promise to "B" so what "A"(promisor) would be receiving would be consideration as per 2(d).. but since "B" has given performance and not any promise so what "B: would be getting i.e.500 would not be consideration as "B: is promisee and not promisor and has not made any promise and hence as per 2(D) what he receives is not consideration.... but if we understand in layman terms about contract, both the parties should receive consideration in return . but "B:" is not receiving any consideration as per 2(D).. so plz could you explain that is money received by "B" is consideration or not and if it is plz expalin

if a partner is liable for any wrongful acts or omission during the course of business or with the authority of llp.. then who is liable ... is it llp or the partner committing the wrongful act or omission is personally liable... and according to which section

I have joined a MNC, they have clubbed the gratuity into my CTC part. and had indicated growth benefit for joining the company
1)As I am ending 4 years citing Pandemic and Degrowth in business, OH reduction , gave me a marching order ,in May 2021, And Claims Gratuity is after 5 years and not permissible in this case
Is There any law which can support me to claim back gratuity?

Deepak