Several months ago I started working on a startup project with a small company. The company has promised to give me a monthly salary (lower than market rate) plus 15% shares from the project as my compensation. However, the agreement was verbal and we didn't write a contract.
The company has paid me monthly salary for several months and my bank deposits have phrases like "February Salary" and "March Salary".
The company is now claiming that the contract was a joint-venture partnership that is failed and I need to pay 15% of all the costs.
I claim that this was an employment where I was offered 15% shares as part of my compensation.
They never gave me pay slips and never paid taxes as far as I know.
Can I legally prove that this was an employment contract and not a joint-venture contract?
The company has paid me monthly salary for several months and my bank deposits have phrases like "February Salary" and "March Salary".
The company is now claiming that the contract was a joint-venture partnership that is failed and I need to pay 15% of all the costs.
I claim that this was an employment where I was offered 15% shares as part of my compensation.
They never gave me pay slips and never paid taxes as far as I know.
Can I legally prove that this was an employment contract and not a joint-venture contract?
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