Advocate Sanjeet Kumar Thakur

Questions Answered by Advocate Sanjeet Kumar Thakur

Q: Stock sharing option In a company

I am having a person join my company (already established) as Key Executive with some capital and would get the stocks in lieu of the capital and her work. What are the ways I could do that, in order to make sure the new entrant does'nt get the ownership (decision making power for company). { What and how should it be like, ESOP, Equity or something else) [it's a private limited company]

Advocate Sanjeet Kumar Thakur answered
Dear SirThank you for your email. You should consider creating an ESOP scheme. This will help you give out ESOPs to not only this specific employee but also future key employees. ESOPs are basically shares that are given to an employee over a specific period of time in recognition of his/her work. You can structure the ESOPs in such a manner that the Shares are given at periodic intervals. Please call us and we can create and help you implement the most suitable plan. Thanks Sanjeet

Q: Can I startup lucky draw scheme without registration and license

I have not any certificate but I am going to startup a lucky draw scheme so can I start the same without registration ?

Advocate Sanjeet Kumar Thakur answered
No you should not start a lucky draw competition without any registrations. It's illegal to do so and you can be exposed to severe penalties and risk. My suggestion is for you to take proper legal advice before you venture out into such an activity.Thanks

Q: Mental harassment and threatening by boyfriend

i was in relationship for 1.5 months (in the city i sudy) but i realised he is aggresive so i decided to leave him coz he tried 2 control me, trying to tell me where i should go or not, so after break up he kept calling me.Then he messaged my friend and threatened him to not meet me, they quarelled and my ex then texted my father lies about me. Additionally he sent our chats (ones we had in relation) to my father and messaged my brother also. My father did not know about this relation, nor do i want to drag my family into this. I came back home from the city i study in.shud i go bck 2 stdy?

Advocate Sanjeet Kumar Thakur answered
I can completely understand the position you are in. I think you should not lose out on things just because he is acting in this manner. I think you can go back to the city you study in but take protection like putting a complaint with the police. I can help you in this and also talk to the police so that he does not harass you any further. Thanks

Q: Can private license be used as commercial driving license

I have a private car license and now want to start working as a cab operator where I will run a fleet of taxis but sometime I may also drive in case a driver does not turn up. Can I drive a commercial vehicle using my private car license? If not, what is the penalty for this?

Advocate Sanjeet Kumar Thakur answered
No, you need a commercial vehicle licence. You cannot drive a commercial vehicle using a normal licence. Penalty is monetary fine and may include vehicle being impounded or imprisonment. Happy to help

Q: Employer Threatened of Legal Action for Breaching Service Agreement

Hi, After 3 years of employment they asked me to sign 3 years of service agreement. Due to lack of growth, I had to relieve and sent them email but the immediate senior abused me and HR team told me that the legal action would be taken and court's notice will come as your're absconding case. How to deal with this? Do they have rights to send court's notice?

Advocate Sanjeet Kumar Thakur answered
Dear Sir Thank you for your query. No, they do not have a right to send you a legal notice as you have a right to quit by giving appropriate notice. You can respond by writing a strong email and then if required sending a legal notice. Happy to help,