Advocate Pratyush Parimal

Questions Answered by Advocate Pratyush Parimal

Q: Procedure to open an online food platform

sir i want to form an e commerce website for street vendors on which they will perform the task of delivery of street food in their area. i dont want to form a company i just want to make agreement with them and they r required to pay 400 rupees each for their fssai registration and app development , my question is, if i get money from them in my saving bank a/c amt will be approx 80 lacs so is there any legal object to get funds from these people in my a/c ? i m workingjustlikefoodpanda for street vendors so do i also require any license and procedure of online registration of street vendor

Advocate Pratyush Parimal answered
Hi,Going through your Idea it will be better if you go for Sole Proprietorship Firm there every thing will be in your name and there won't be any limit as to fund remittance. Also, there is no such concept of street vendors in the food and beverage, you need to go through same formalities which a normal vendor require to go through the registration proceeding, if you donot want the process of registration you need to inculcate such terms in the agreements of the street food vendors.

Q: Bought a mortgaged land which bank wants to sell what can i do

I had purchased a land. After 2 yrs I know that that said property was martgage by previous owner and loan become NPA .Now bank wants to sell those land.What remedy can I get

Advocate Pratyush Parimal answered
Dear Sir,SInce the property has been mortgaged to a bank the bank must have proceeded against the said property under SERFAESI Act. the remedy that is can be availed by you is to approach the DRT (Debt Recovery Tribunal) and file OA against the action of the bank. Also, you need to certify whether the original documents are with you or the bank. so amicable remedy is to approach DRT.