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TUSHAR   21 May 2016 at 11:33

Validity of loan documents

If a customer has been sanctioned a limit by his bank as overdraft in his Current Account or Cash Credit account, and on a day the balance of account becomes zero. What will be the status of loan documents? Will they be legally enforceable, for the debit raised on later dates? Material fact is that I had sanctioned a limit of Rs.10.00 lacs to one borrower, with all documents executed. Balance of account on 01/08/2013 had become Zero. Now will we have to make a fresh agreement and documentation, since there is no consideration? What does Contract Act says? Please reply

shashikant gharge   20 May 2016 at 18:42

Carrying and Forwarding Agency.agreement

Dear Experts .I am doing business.one year ago I did agreement with one company of C&f.as per agreement my role was carrying their stock and forward to dealers as per their orders.company appointed two sales person on temporary basis they collects orders from market we supplied material as per orders after four months company couldnot fulfil orders .and not paid salary and expenses to their staff and told to quit the company as a result staff recovers their payments from market and from me.now dealers are not responding for balance payments .in this situation company blaming and asking payments to me and giving notice to me of breach of contract .please advice me how can I responsible for their dues.

Sunil Kumar   19 May 2016 at 18:30

Registry

Respected Sir,

I want to know that my relative has purchased a plot of Rs. 25 lac and they have registered the plot from Tehsil Office on collector rate.

What is the reason for not registry of Rs. 25 lac and collector rate is acceptable or not in registry. what is the effect on resale of plot.

Please intimate me.

TUSHAR   19 May 2016 at 17:23

Overdraft facility in bank account

If a customer has been sanctioned a limit by his bank as overdraft in his Current Account or Cash Credit account, and on a day the balance of account becomes zero. What will be the status of loan documents? Will they be legally enforceable, for the debit raised on later dates? Material fact is that I had sanctioned a limit of Rs.10.00 lacs to one borrower, with all documents executed. Balance of account on 01/08/2013 had become Zero. Now will we have to make a fresh agreement and documentation, since there is no consideration? What does Contract Act says? Please reply

Dr kamlesh S shah   19 May 2016 at 15:07

Birth certificate

Wrong birth date. In ssc certificate verses correct date as per municipal certificate.
Procedure for correction in ssc passing certificate. After 12 Years of passing ssc.

pankaj Dev   19 May 2016 at 08:20

Legal document

I have purchase one land in ABCD town . But due to disturb of broker, I have kept one CARE TAKER who is staying there around 08year But it occurred many times that the Care taker forcibly claim ownership of the land and refused to vacant the land. ultimately matter goes to the court.So how can I protect the land so that care taker can not claim the ownership of the land in future

sendil   19 May 2016 at 00:07

Webpage

Dear friends.....

Dr kamlesh S shah   18 May 2016 at 18:33

Compitant officer to certify correct date of birth Ln GPSC a

In GPSC date of birth is accepted as per ssc passing certificate, if that date is different from birth certificate issued by Amc. Who is Compitant authority to validate correct date of birth as in Amc, corporation certificate
Or how that can be corrected in ssc passing certificate in Gujarat.

adv.bharat @ PUNE   17 May 2016 at 21:34

How to identify fraud legal document?

sir there are two POA done by different same person. How to identify which is correct one?
Thanks

Darryl   17 May 2016 at 14:19

Bank complaint letter draft

Hi,
On 29th March 2016, I had approached the bank's term deposit section for opening a tax saving term deposit of Ruppees fifty thousand to save tax for FY 2015-2016. I was assured that the FD account would be opened dated 29/03/2016 as it was a cash transfer from the same bank/branch saving account. But I was issued an FD dated 12/04/2016. I was assured by the same officer that the rectification would be done but he just kept on buying time by telling me to come after 5 to 7 days. Now finally he is saying its my fault that I submitted the application on 29/03/2016 so it got delayed. Due to his negligence I have lost my tax benefits. The branch manager says the bank is not responsible for its employees fault.
I want to give in writing a complaint to the branch manager to take disciplinary action against the erring officer of the term deposit section and compensate me for my loss.
I request to please draft me a strong complaint letter with legal terms to have a better impact and hopefully be able to solve the problem at branch level. I feel that this letter could also be a base format for other members , if they face such a problem. I could draft the letter but it would be in laymen language.
Please help