Selvam Perumal
30 January 2009 at 21:19
Dear Sir,
I require a kind clarification on the following issue:
A registered partnership firm dealing with “finance business” of mobilizing deposits from the general public and lending loans to the needed persons.
Now this partnership firm requires opening a current account in the nationalized bank for the purpose of depositing and clearance of Cheques being issued by the Courts in the execution proceedings.
But the Bank drag on the matter thereby hesitating to accord permission to open the current account by orally citing the following flimsy reasons:
(a) since the Bank and the said partnership firm have been dealing with same parallel business of “finance” as such the Bank is hesitating to accord sanction for opening the current account in the name of the partnership firm; and
(b) questioning the partnership firm that why not at the time of incorporation of the partnership firm itself a current account not opened;
Now my bonafide doubts are is there any provision of law which permits that nationalized banks to refuse to accord sanction to the partnership firm which deals with parallel business of the bank from opening current account in the name of the partnership firm?
Kindly clarify these issues with relevant provision of law and if possible with relevant citations, please.
vinod bansal
30 January 2009 at 20:36
Plz anyone suggest me citation of any highcourt or supreme court in favour of Respondents i.e. Dever & Father in law .Thanks
vinod bansal
30 January 2009 at 19:56
Sir
whether police can lodge a FIR against already expired person who commit an offence of cheating when he was alive.
anshul
30 January 2009 at 19:05
i want to be a legal adviser. Now I am in LLB. Year.i have done MBA IN HR IN 2006
anshul
30 January 2009 at 19:03
i want to be a legal adviser .now i am in LL.b final year. i have done MBA IN HR IN 2009.
Arihant AC
30 January 2009 at 18:25
Dear Experts,
Can anybody have the formula for calculating the Bonus by SET ON & SET OFF Formula. If the excel sheet is available then ple send me
Regards,
NAC
J K Agrawal
30 January 2009 at 17:32
If marriage solemnized among Mohammadan boy and Hindu girl through Arya Samaj is valid? do the boy required to convert to Hindu before marriage? if Registration of such a marriage is possible?
vipra
30 January 2009 at 16:20
Dear All..
2 Months back i got engaged in front of 200 peoples and after that, i didnt feel comfortable with girl atitude, hence i decided to cancel the marriage. My parents have just communicated to her parents, that marriage may not happen. As i am not finding any comfortness.
Please advice, whether girls parents can take any action against us or they can file any false dowry case. Whether girls parents normally does, during this circumstance to disturb groom family
If so please tell, how to protect us. We are in tamilnadu state and they are in andrapradesh.
I dont want my parents to sit in jail for even 1 day. please help
vipra
30 January 2009 at 16:20
Dear All..
2 Months back i got engaged in front of 200 peoples and after that, i didnt feel comfortable with girl atitude, hence i decided to cancel the marriage. My parents have just communicated to her parents, that marriage may not happen. As i am not finding any comfortness.
Please advice, whether girls parents can take any action against us or they can file any false dowry case. Whether girls parents normally does, during this circumstance to disturb groom family
If so please tell, how to protect us. We are in tamilnadu state and they are in andrapradesh.
I dont want my parents to sit in jail for even 1 day. please help
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Gujarat VAT.
I am carrying on activity as contractor for building up of telephone tower for which material purchased by me and on completion of job the company will pay me for that after deducting tax. so i want to register under gujarat VAT to take credit of such tax deducted by company, under which head i have to applied for ? whether voluntary or compulsory registration available?
Janak Patel