I have debts of 50 Lakhs
I have debts of 50 Lakhs
Hi, I have debts of 50 Lakhs which I invested in day trading and lost them completely. I would like to now file an Insolvency Petition in order to gain some additional time in repaying the debts. When
8 months ago
A. Dear Client,
I would like to inform you that for filing an insolvency petition (IP) in India, it is generally required to provide the name and address of the creditors to whom you owe the debts. This information is crucial for the proceedings as it allows for proper notification to the creditors and enables the insolvency resolution process to take place.
While physical addresses are preferred, it is possible to provide alternative contact details such as email addresses and phone numbers if y ...ReadMore
resident status
in the tax year 2022-2023 I was out of india for more than 180 days. this year i started the year outside of india, and came back to visit india and have stayed here for more than 60 days but will lea
8 months ago
A. Dear Client,
I would like to inform you that determining your residency status for tax purposes in India is governed by the Income Tax Act, 1961. As per the Act, an individual's residency status is determined based on the number of days spent in India during a financial year (not the calendar year) and certain additional criteria.
To determine your residency status, you need to consider the following criteria as per Section 6 of the Income Tax Act:
1. Resident Indian: If an individual is pre ...ReadMore
Seniority rules
Im working in BMRCL (Bengaluru Metro). What the seniority rules says for different category joined employees on same date and written different exam papers for selection process. Can two categories me
8 months ago
A. Dear Client,
I would like to inform you that the rules regarding seniority of employees in a particular organization, such as BMRCL (Bengaluru Metro), would generally depend on the relevant service rules, regulations, and policies governing the organization.
In order to determine the specific rules regarding seniority for different categories of employees who join on the same date but have different selection processes, it would be necessary to refer to the applicable service rules or any othe ...ReadMore
Account hold by cyber crime branch
My bank account got hold by cyber crime branch to due to a transaction In which I send the money to retailer and that retailer did any fraud and because of that my account gets hold
8 months ago
A. Dear client,
To unfreeze your bank account, you must contact your bank to figure out the issue and resolve the underlying problem, such as paying off debts or providing evidence of innocence. Unfreezing an account is at the bank's discretion and is not always guaranteed.
DHBVN Department
sir recently i am shifted from delhi to faridabad with my family here i found that the electricity problem is very regular so after few days i mailing to sdo about this power cut but he is not repsond
8 months ago
A. Dear Client,
I understand your concerns regarding the actions taken by the SDO and the false complaint filed against your fictitious name. In such a situation, it is important to gather and preserve all evidence, correspondence, and documentation that support your claim and refute the false allegations made against you.
Here are a few steps you can consider taking in response to the situation:
1. Preserve evidence: Ensure that you have copies of all the emails you sent to the SDO and his seni ...ReadMore
Bond breaking from company
I had a bond with a Mnc company of 2 years but after working for 7 months as I was on bench I resigned from the company and served the notice period of 3 months . But now they are sending emails to pa
8 months ago
A. Dear Client,
I would like to inform you that the enforceability of the bond and the consequences for breaking it would depend on the specific terms and conditions mentioned in the agreement. It is important to review the bond agreement to determine the obligations and liabilities you have agreed to.
If you have served the notice period as required by the agreement and fulfilled all the contractual obligations before resigning, it may be argued that you have already fulfilled your obligations u ...ReadMore
I have question about my gratuity
I have resigned from a pvt. ltd. company after working of 4 years and 269 days. am i eligible for gratuity. if yes, then what tenure will be considered while calculating the gratuity. My joining date
8 months ago
A. Dear client,
An employee is eligible for gratuity only if he/she has completed 5 years of service with an organization. These 5 years must be continuous and there should not be any gap in the services of the employee with that company.
Reimbursement of Assets to Company
My Company has relieved me with immediate effect and my one day salary will be counted in F&F.Which I'm aware and ok with. In the meanwhile when I asked for a confirmation on reimbursement for shippin
8 months ago
A. Dear Client,
I would like to inform you that the terms and conditions regarding reimbursement for shipping the laptop back to the office would depend on the specific provisions stated in your employment contract and relevant company policies. It is important to review your appointment letter, company policies, and any other relevant documents to determine if there are any provisions regarding reimbursement for such expenses.
If your appointment letter or any other relevant document does not me ...ReadMore
Can tenant take leave in notice period
Can a tenant take leave during the notice period.
8 months ago
A. Dear client,
The lease must be for 11 months and notice period is 1 month. The tenant can serve the 1 month notice and leave.
Transfer of home loan for Under construction property
I'm planning to buy a resale flat in bangalore which is under-construction. The seller has paid about 80% of the value, out of which half is via a home loan in SBI. I cannot pay the entire amount thro
8 months ago
A. Dear client,
The new owner needs to fill out the home loan application form and pay the home loan transfer charges as well. The new owner needs to get a No Objection certificate from the authorities. The new owner needs to complete all the KYC formalities with the lender.
