Legal Question in Business Law in India

Hello,

I am an undergraduate studying in India. I need some urgent help on legal matters regarding IT firms. I want to open a firm which will be working in the areas of IT sector. We will be acting as mediators for the bigger companies and transmitting their work to much smaller firms and then retansmitting it to that company. I want to know all the legalities involved for this work. We plan to get work from the managers, team leaders or anyone who is willing to share their work. I want to know how legal it is for us and for the manager to disclose companies project. how much he will be sahring. We will be taking any sort of work that is transferable over internet.


Asked on 12/04/09, 8:37 am

1 Answer from Attorneys
Vishnu Langawat Vishnu Langawat & Associates

It all dependents upon Agreement between Company & Managers and whether they are permitted to disclose the project or not. The business structure you are trying to develop is nothing but an outsourcing and by procuring order from Company A, will transfer the Order to Company B, in between you receive some fee. be informed that such arrangement may attract levy of Service Tax subject to minimum threshold of Rs.8 Lakh.

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Answered on 12/04/09, 11:21 am


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