Self drive bike rentals Self drive bike rentals

5 years ago

I want to start a self drive bike rental agency. However I do not have necessary license for the same. However another private limited company (Lets call it as X), who is a business partner possesses this license. In such a case
1. Can I enter into an agreement with X and operate the vehicle
2. In such a case in whose name will the bike have to be registered with. (Name of my company or in the name of X)

Regards
Vidya

Deepak Yashwantrao Bade

Responded 5 years ago

A.dear client kindly register your partnership, mention partners names, make good agreements and proposals. you can enter with all terms and conditions.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

ROBERT D ROZARIO

Responded 5 years ago

A.if you're purchasing the bike with your own funds, then it should be registered in your name. After purchasing you can enter into an agreement for sharing the profit earned from the business
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Kishan Dutt Kalaskar

Responded 5 years ago

View All Answers
A.The name of your partner should be mentioned
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Shanti Ranjan Behera

Responded 5 years ago

View All Answers
A.Dear Client,
Best option for you would be have your own Agency.
It will not take years.
Since you know the person who has the licence means you know the procedure.
Suppose you do not know, you will be knowing soon.This is not a Rocket technology.
2.Second best option to enter in to an Agreement with the one you have in mind or proposing.
3.Once the vehicle is purchased naturally it will be under the control of the existing business owner as you will be operating through his licence.
4.You can have it in your name but it has to be leased out to X for a certain period.
Think coolly and take the decision what suits you best.
Shanti Ranjan Behera,
Advocate
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Rameshwar Dadhe

Responded 5 years ago

A.U can register the partnership company then you have right. Otherwise nothing any thing
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Read Related Answers

question iconMoney recovery
Dear Client, In the absence of any documentary evidence supporting your claim against the person to whom you transferred the money digitally, recovery of said money is not feasible even through litiga...
question iconPg owner
Dear Client, Owner of the PG is imposing restrictions without proper legal basis. Since there's no formal agreement signed by you detailing any rules or regulations, the owner's demands may not hol...
question iconTransfer of Property to the partnership firm through Will
Dear Client If the assets or properties of your father are self acquired property then as per the law he can dispose/transfer the property to anyone he wishes to in any of of the mode. He can will it,...
question iconCycle repairing shopkeeper didn't give bill receipts after replacing tyre
Dear Client, You can escalate your grievance against the shopkeeper before the concerned mediation cell of the Consumer Affairs Deptt. formed by the State Govt to redress the grievances of the consume...
question iconMis diagnosed and wantedly do the surgery sonmany times
Dear client, you can file a complaint of medical negligence under criminal law, consumer protection law and tort law. The complaint can be filed under sec 304A, 336,337 and 338 of indian penal code. Y...