Advocate Harsha Kungwani

Questions Answered by Advocate Harsha Kungwani

Q: I Have A Debt Of Around 10 Lakhs Which I M Unable To Pay. I Want To F

I Have A Debt Of Around 10 Lakhs Which I M Unable To Pay. I Want To File for bankruptcy help me with advices and help please

Advocate Harsha Kungwani answered
HelloYou shall have to file for insolvency buy that depends if the debt is due from individual nor a corporate body. a corporate body who wants to file for bankrupt shall have to file a form under sec 9 of the IBBI act.

Q: What is the procedure to to buy a property from Public Limited Company

Good afternoon Sir , thanks a lot for sharing such valuable information We are trying to buy a property from a public limited company. Company board has passed a resolution okaying the sale of the said property but it is only signed by the CS , they are advising that since this is a public listed company, only company secretary is authorised to sign They are suggesting that Sign of directors on resolution is practised in case of Pvt comapny only. This is not needed for Public limited company Is this correct ? 2) They are suggesting that the comapny AOA clearly states the properties owned by the company can be sold purchased by the company, to this effect a resolution is passed by the board Of directors and certified by CS. Shareholder resolution is not needed. You kind opinion on what should be provided by the company to make this a legally valid sale ? Do we need to mandatorily get shareholder resolution approving the sale of the

Advocate Harsha Kungwani answered
Hello SirGreetings. I have certain queries regards to type of purchase you are undertaking (slump sale or an asset acquisition). We can discuss this in details. With reference to your query, the directors have to pass a board resolution mandatorily and the shareholders consent is dependent on the paid up capital and the turnover of the Company. These details are necessary for the query to be answered.

Q: Registration of domain name necessary to prevent from infringement

Hi, I own a domain name and a website for my online enewspaper. I am planning to have the news in bilingual. I own my domain name in my local language, but I will translate the news in english as well. So should I have to register my business name both in english and my local language to own the name. I also would like to have a logo for my enews paper. Where should i register to get it owned.

Advocate Harsha Kungwani answered
Hi Pertaining to your logo, you can own it by applying for a trademark. The Trademarks Registry takes care of fillings and registrations. As i am a Trademark Attorney, I can help with filling. With the query of business name, I need certain more details. If you can possibly call me through Lawrato.