Advocate Vishali Verma

Questions Answered by Advocate Vishali Verma (25+ answers)

Q: FEMA/RBI Compliance: Retaining Unutilized P0304 Advances as Rolling Cr

We're an Indian LLP. A foreign corporate client remits patient funds under FEMA P0304. After a patient leaves, can we retain their unutilized INR surplus as a "Rolling Credit" (tracked via FIFO) for the client's NEXT patient? Or does RBI strictly require S1502 repatriation before new funds arrive? If retention is banned, what is the compliant workaround? Does surplus size matter? Please cite the specific FEMA provision, Master Direction, or AP-DIR circular your answer relies on.

Advocate Vishali Verma answered
HiIn general practice, RBI does not recognise a rolling credit or FIFO pool across different end-beneficiaries. Yes, in principle. Unutilised balances should be repatriated to the remitter through the AD bank. Detailed advice is possible

Q: Does inherited property on a divorce remain separate property

Is property inherited from parents after a marriage become joint property owned by a couple or is it legally still individual property on a divorce. Does the law differ for Hindu, Muslim or Christian families?

Advocate Vishali Verma answered
In Indian law, property inherited from parents remains the individual (self-acquired) property of the person who inherits it, and it does not automatically become joint marital property after marriage. Therefore, on divorce, such inherited property generally does not get divided between spouses.

Q: "Employer Demanding Money and Not Paying My Salary – Is This Legal?

Is it legal for a company to demand ₹10,000 from me for leaving the job a few days before completing 3 months, when my 3-month period was ending on 16th March and I resigned on 12th March? Also, the company has not paid my salary for the days I worked from 1st March to 11th March, and they have not responded to my resignation email.Additionally, my official salary was ₹30,000 per month (as reflected in my bank statements), but the company used to take back ₹10,000 in cash every month. Is this p

Advocate Vishali Verma answered
Hi,If employment agreement states about such liability you are bound to pay and is legal to ask from the employer end. However, non payment of salary is illegal. Taking cash back of Rs. 10,000/month is serious irregularity and leads to illegal wage deduction. You can send legal notice to company for same

Q: Because Of Two Small Punishment Got Promotion With 14 Years Junior Guy

I was recruited in year 1994 as ct/gd in cisf. In year 2017 i got two small punishment one was found using mobile on duty and 2 was found sleeping on duty due to this two promotion i got promotion to head constable in year 2023 with those guys who joined as constable in year, 2007. And as per my seniority i would have got promotion at 2019. Now comes the game changer here. Earlier there was no such rules in cisf that if two punishment in same year promotion will not be done till 5 years this rule came in 2017/2018 only.. Let me ask a question if i did a mistake made a mistake so i already repaid it through becoming head constable late by 4 years but is it legal and ok that due to those punishment i will suffer in each rank. Now as of now 1997 recruited constables have been given asi rank i am still head constable any thing which i can do?

Advocate Vishali Verma answered
Hi,You can surely file service writ as both the punishments were for not so serious ones. Especially if the rules came after the two acts then there is a high chance of success.We can discuss in detail over a call.

Q: Lawyer can appear in court in place

THE LAWYER CAN APPRAR IN COURT INSTEAD OF THE PERSON TAKING DIVORCE ( MCD type divorce)

Advocate Vishali Verma answered
Yes, Your attorney can appear and represent you before the Hon'ble District courts, Hon'ble High Court or Hon'ble Supreme Court of India. By joining the link available online you can join the hearing of your respective case.