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I am an entrepreneur and one of my senior employees suddenly shot an email of resignation and stopped coming without any notice. He possesses valuable and confidential information of the company. We...

A. Hi client,
Kindly see the terms and conditions that you had with him at the time of his employment to your company. Consult a good lawyer and send a legal notice stating the same.
Thank you
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Kishan Dutt Kalaskar Retired Judge
Kishan Dutt Kalaskar Retired Judge Experience: 34 Year(s) Bangalore
Shah Rukh  Ahmad
Shah Rukh Ahmad Experience: 3 Year(s) South Delhi
SUBRATHA  RAY
SUBRATHA RAY Experience: 5 Year(s) Delhi
There is a dispute between two directors of an Indian company- Director X and Director Y. Director Y does not have the best interest of the company in his mind and wants the company to close. Director...

A. The matter is related to the section 241 - 242 of the Companies Act, 2013. First just make the assessment that on what ground the bank has freezed the Company's Bank Account. Is there is any board resolution passed in this regard. There is some more things need to be assessed. The appropriate forum is the National Company law Tribunal to adjudicate this issue.
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I have been made director of a pvt ltd co. in 2018 which was incorporated in 2016. I do not have any shares on my name. Now my company is taking a loan from bank for which even I will need to sign on...

A. The answer is clearly no. You will not be held personally responsible until and unless you have given any personal guarantee/ indemnity. Here Comes the concept "Company is a separate Legal entity". However if the loan is taken for a fraudulent purpose the Corporate veil shall be lifted to see your involvement in the transaction.
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