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3rd Jun 2010, 07:02 PM #21Member
sniffdog had an agreement with shubhank and has asked for a refund from him, so thats what should happen.
I dont think law has anything to do with it, i doubt its a legit company that pays tax's etc, so you cant call it a company.
when sniffdog asked for a refund and didnt want to be part of it anymore, that would make shubhank liable to refund, not the new owner, as there was no longer a contract or a part in the company.
it sound like sniffdog trying to bully some $ because shubhank wont pay it.
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3rd Jun 2010, 07:07 PM #22MemberWebsite's:
dhruvahosting.com infosecbuzz.comI will post a few facts which should clarify the case:
1: Since this was in India it should be decided and governed by the Laws of India. Any dispute occurring on any case is to be decided by the laws of the country where it is situated.
2. I would like to bring a few points of our Indian Law. A company can be of various kinds but here we would like to discuss two types. One is Private and the other is public. Private companies or firms can have upto 50 partners. And these shares and partnership is not open to public. Any inclusion or sale of share must be approved by the current members by a vote of majority. Public companies can have public shares and they dont hav much restrictions regarding this ownership. But since HML comes under private section, he must support his claim with the approval of other members too.
I would quote from our official website regarding this (http://business.gov.in/starting_busi...n_business.php)
Under the Companies Act, an entrepreneur can form two types of companies, namely a private company or a public company.
A Private Company is one, the articles whereof contains the following restrictions:-
Restricts the minimum paid up share capital to such an amount as may be prescribed but which shall not be less than rupees one lakh;
Restricts the rights of members to transfer its shares, if any;
Limits the number of its members to fifty excluding the past or present employees of the company who are members of the company;
Prohibits any invitation to the public to subscribe for any shares or debentures of the company;
Does not invite or accept any deposits from persons other than its members, directors or their relatives
Also, the minimum number of members in a private company is two and such a company must have the words 'Pvt Ltd' as the last part of its name.
3. He doesnt have any proof other than a paypal transaction. It was his fault that he didnt keep any proof of his partnership. Why is I and the former owner are being dragged into this. It doesnt matter i buy whole of company or server or clients only.
@ Mr Happy I had paid 500INR to adwords. My bank account transaction shows google there. So will you help me if I claim I have some share in Google. If transactions were proof enough then it would have been very difficult.
3. I have not compensated sniffdog. I still dont accept his claim. But I did feel to give him a demo trial to end this row. I have a proof of this: www.dhruvahosting.com/ss/chat.txt
4. Other than bothering me and the former owner why doesnt he go and fight it out with whom he paid. First I need this answer. That person left him with nothing and cheated him (if I go by what sniff dog says). The whole deal was illegal according to the laws of this country. So this partnership cant exist. So I hope and I would request sniff dog to go claim it from that person. We are innocent.
regarding the vps i gave him. I had no other option and that was a vps left. It is on a slow server I accept. But that is what I could offer as a friendly gesture.
I would only say that sniff dog must accept the fact. If what he says is true, then I sympathise with him. He was cheated. But theres hardly anything we can do other than urge you to go and talk to the person who scammed you.
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3rd Jun 2010, 07:44 PM #23MemberWebsite's:
dhruvahosting.com infosecbuzz.com
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3rd Jun 2010, 07:46 PM #24MemberWebsite's:
dhruvahosting.com infosecbuzz.com@sniffdog: It was agreed between you and me that the demo vps offer sholdnt be termed as a compensation. But I can see you are doing here. So you are violating our agreement. I still dont agree to your claim of share.
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3rd Jun 2010, 08:09 PM #25BannedWebsite's:
hd-eroticpictures.comthe deal was made over msn solve it there
KWWH doesnt give a shit .CLOSED
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