Please Help me ......

R

Rajwinder

New Member
My Business partner was on H1 and now just few months back he got an EAD, but he is trying to take the whole business from me,he is being Cheating on me and also told me that i am only a Invester in his business.I just want to find out that the person who is on H1 or EAD , can he/she open a business without a Permanent Residence, if No or Yes what i should do now??
How i can protect my Business and how i can stop him or her??

Thanks Rajwin
 
Someone on H1B cannot work for anyone other than the sponsor of the H1B. If both of you were on H1B and started a business, you could have only done so as investors. With EAD, he may now work for the business legally.

Take all of your business incorporation documents and go to see a business lawyer to look at what might be done to protect your interests. You might also want to consult an immigration lawyer if you and/or your partner have worked for your business as well as your true employers.
 
But your partner is still using EAD for a side job on your partnership firm . If he wants to hijack the firm then it is a legal issue under company act . He still has to work for his I 485 employer in Future to get GC . If he is planing to to port I 485 to your partnership firm using AC21 I am not sure whether a GC can be approved with 100% share holding by the sponsor who also is an employee . Also if you rase any legal issues on this firm his GC will be at risk .
But best is to have a peacefull settlement ! Good for both
Inder
 
Rajwinder said:
My Business partner was on H1 and now just few months back he got an EAD, but he is trying to take the whole business from me,he is being Cheating on me and also told me that i am only a Invester in his business.I just want to find out that the person who is on H1 or EAD , can he/she open a business without a Permanent Residence, if No or Yes what i should do now??
How i can protect my Business and how i can stop him or her??

Thanks Rajwin
Click to expand...



So if you are a business owner, who set up the company, attorney or accountant? What do the Ariticles of Assn say? Are you legally a director/shareholder?

Not sure what state the business is in but if in Florida go to www.sunbiz.org and do name search.
 
Rajwinder said:
My Business partner was on H1 and now just few months back he got an EAD, but he is trying to take the whole business from me,he is being Cheating on me and also told me that i am only a Invester in his business.I just want to find out that the person who is on H1 or EAD , can he/she open a business without a Permanent Residence, if No or Yes what i should do now??
How i can protect my Business and how i can stop him or her??

Thanks Rajwin
Click to expand...

What form is the business? partnership or LLC/corporation? when you say he is trying to take the whole business, what do you mean? If its a real business and you own the shares, your partner cannot do so through legal channels without your permission.

If both of you were in H1 and your partner just got, EAD, it might be a good idea ( thats if you trust him) to keep your partner as officer and you as share holder.

Good luck.
 
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