Easy Office


Marimuthu
14 September 2023 at 12:55

Specific POA

Dear Experts,

1 The company is carrying out the business in the lease hold property since from the year 2010.
2 The lease agreement prepared and got registered with concern register office.
3 One month before, these lessors sold this propery to their relatives.
4 The queries
Whether this lease agreement will be valid for the remaining lease term?
Whether this lease agreement will be valid, if the new building owner gives the special power of attorney, without entering into new lease agreement?


Prajakta Potdar

Can increment be given to any staff from retrpspective basis? is their any rule for giving increment on retrospective basis?


suryadipsinh mori
07 September 2023 at 12:56

About Credit Cooperative society

Hii, I want to take loan from Credit Cooperative society, Is it safe like bank loans ?
It is systematic like banks, EMI, Credit Score And All ?
PLEASE INFORM IF ANYONE HAS INFORMATION ABOUT IT.


Gg_Learner
06 September 2023 at 03:19

Trust/ Trustee/ Loan/ funds

Dec 2022: x person decides to join a trust with an aim to join them and make an impact in the society. She starts working for the benefit of fulfilling activities.
Jan 2023: It was agreed she would become trustee after she agreed to pool in 3lkhs for the benefit of running the trusts operations. Mainly an upcoming event.
February 2023: The amount was e-transferred. She pumped in an additional 3 lkhs (total 6lkhs), to address the happenings of the event. Trust agreed to return 3lkhs when any funds were successfully raised at a later point
March 2023: A CA help was taken to draft her inclusion into the trust and legally became a trustee.
August 2023: She decides to demand back 5 lkh with an interest of 7.3% from the trust. ( When the trust has less balance to execute its day to day operations.

Questions:
1) There was no formal writing for this transaction. What are the legalities involved.
2) Can the trustee sue her own trust (or against other trustees) for recovery of the money (that doesn't exist)?
3) What is the impact on other trustees
4) What is the best route out if negotiations fail?

Looking for genuine educated inputs/ advices. Thanks


Narayan Ranjan
31 August 2023 at 23:23

Galli Trading

As per Securities Contracts (Regulation) Act, 1956 defines "option in securities" as a contract for the purchase or sale of a right to buy or sell, or a right to buy and sell, securities in future, and includes a teji, a mandi, a teji mandi, a galli, a put, a call or a put and call in securities.

Here is what is the meaning of "A Galli"?


deepa iyer
22 August 2023 at 11:28

PF Withdrawal Rejection

Hi Sir,
I tried to withdraw some amount from my PF on 31st July, this morning i got a message that "CLAIM REJECTED PASSBOOK NOT ATTESSTED" in this case should i go to bank & get stamp done on passbook or shall i just sign over my passbook?
Please advise.


prosenjit dutta
21 August 2023 at 23:00

SEC 152 REIRE BY ROTATION

A PUBLIC LTD CO HAS 1 NON IN DEPENDANT DIRECTOR OUT OF 4 DIRECTORS(3 ARE INDEPENDANT DIRECTORS) WHO IS LIABLE TO RETIRE BY ROTATION .
CAN THE COMPANY NEED TO RETIRE THAT DIRECTOR AS PER SEC 152 .
CAN 1/3 RULE APPLICABLE.


Guest

Does Indian judiciary accept whatsapp chats between business partners as evidence? Recently there was an Apex Court ruling whatsapp chats between business partners governed by agreements are not admissible as evidence in courts.


Stephen Marks
16 August 2023 at 11:07

Common path - registered

Respected Experts,

In 2001 we bought a land that showed common path way between other plot. But in 2020 a person has registered the other plot including the common path. Now I have no option for path in front of my land. I dont know what to do


Debashish Sen Gupta
12 August 2023 at 22:20

Commission agreement

Please suggest a way where if I act as a broker for a sale of items by bringing seller n buyer together and helping them in finalizing a deal with a price negotiated by me. In all such cases I am entitled for a commission which is the difference between the seller price and the price I actually sold to the buyer. How I make a full proof agreement that my hard-earned commission is received in full after the actual sale? Kindly suggest a way and best practice including an agreement which can be used by me. Thanks