Advocate Savitha G

Questions Answered by Advocate Savitha G

Q: Can a NRI start a business in India

Hi, I'm a NRI, would like to start my own firm to start import/export business. What are possibilities? If yes, What are the documentations and amount to pay in order to complete the registration? How many days it will take to do that? Do i need to be there in india while doing registration?

Advocate Savitha G answered
Yes. NRI can start a business in India. Procedure and other formalities depend upon the nature of entity you choose to commence the business. It may be one of the following:1. Private Limited company2. One person company3. Limited Liability Partnership4. Partnership firmFor detailed discussion on this please send an email to me.

Q: Clarification on missing of original documents by Bank

My father buy a loan from bank but now from bank side they told we are not provide the original documents. i thinks they missed the original documents. Currently case is running under consumer court for past 5 years, can you please help me on this ?

Advocate Savitha G answered
Dear sir,Your query is not clear on what help you require from me. Also you are not sure about the exact position of your documents.If you can share the particulars of the case and the stage, I can help you in a better way.

Q: How to refund my money if I have not availed the services

My daughter had enrolled for the 4 year Class room program - Weekend contact classes in 2015 when she was in 9th class with an option to exit at the end of 2 years, ie. after 10th Class. Per the agreement the exit option should be exercised on or before 28 Sept. 2016. The fee for the entire 4 year program was given as Post Dated Cheques at the time of admission, I could not recollect the exit date as it was signed 2 years back and there was no reminder from FIITJEE also to check if I want to use the Exit option. When I approached FIITJEE during Oct, 2016, they informed me that the exit option due date is already over and therefore you ward has to continue the course. They told me that one of the option is to stop the Post Dated Cheques. Therefore, I stopped all the cheques. Accordingly, she stopped going to the classes and there was no follow up from FIITJEE as well. However, one of the cheque dated 10 Dec 2017 was not stopped and they have encashed the same on 13th Dec. 2017.

Advocate Savitha G answered
First send a letter immediately to them asking for the refund of money encashed by them without your authorization. If the issue did not get resolved at this stage, then a legal action can be initiated against them.

Q: What happens if a civil case is filed against a startup?

Will the Directors of the startup be held accountable? If a civil case is filed against a startup?

Advocate Savitha G answered
Dear Sir/madam,If the start up you are referring to is a Company registered under the provisions of the Companies Act 1956/2013, then that will be considered as a separate legal entity and directors are not personally liable for the acts of the company in general. However if you can share more details, I can look into the same and explore the possible legal alternatives.