x (indian company) has signed an agreement with a german company for 10 years. stating that it will use its technology and x company will pay royality of USD 2000 per anumn for the same. Suddenly x company feels that the technology will not work in indian market and wants to cancel the agreement. is it possible ? and what is the procedure. agreement is already signed
I am a freelancer grain broker carrying out business of commission agent (Grain) and he dont have any formal shop or office for business. He just took order from customers and place order to merchants for delivery to customer the goods. Now he wants to introduce my brother in his business with formal partnership and want to carry business in name of partnership but, problem is that we dont have formal shop or office. Pleaae advise whether we can use some other merchants office / shop address by using "care of" word for preparing partnership deed and registration of partnership? Please also advise me if any other alternative available. I hope urgent attention or reply to my query as i am in a urgency to take a decision
Please explain provision of green shoe option for understanding its purpose and how its work in real world
Dear Experts,
Are there any amendments in companies act,2013 for may 2015..I had been to a crash course for law subject and they told me that there are no changes in companies act for may 2015..only those 98 sections which were applicable for Nov 2014 are applicable for may 2015 too..i am confused..please let me know if there are any changes for may 2015..thanku in advance..
I MR RAVINDRA JANKAR.LATEST 1 OF MY FERIEND HAS BEEN COMPLETED MY MANDAL REGISTARION & HE GIVE ME REGISTARTION NO.HOW TO CONFIRM THIS REGISTERATION NO.IS TRUE??????
Hi,
I have a company who engages in trading with turnover of about 5 crore. Now the company wants to give loan of around 2crore to another company from revenue on sales. This would mean that the company would not be able to pay to creditors for goods for about 1-2 years.
So I want to ask if these creditor for goods would be considered as deposit under companies act 2013 which are not allowed.
Also I want to ask that can the company pay interest to these creditors?
Are there any restrictions regarding these in companies act or Income tax act excepting the special resolution from shareholders?
M, who finds a cheque payable to bearer, on road and retains it. can M be called as "holder" under Negotiable Instrument Act give reason also
Suppose....
Is possible. ...
In partnership firm to become partner without contribute capital in any kind...but get equal profit sharing ratio
Dear Sir,
I Have a query, there are 5 partners in a firm, of which 3 partners have HUF account in the firm these partners avail commission on sale through the HUF from the firm wherein they are partners, another partner takes the commission in his wifes name. Is is situation lawfully proper? or is it that the partners are making business with themselves? please reply
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Cancellation of agreement