Anonymous
07 December 2010 at 11:16
I, Joseph Kiran Pasala, working as a Software engineer, Hyderabad. I bring forward you the problem that I am facing with IDBI bank.
In November 2009, I have purchased a flat at Hitech city, Hyderabad, for which IDBI bank has sanctioned me a home loan. I was paying my EMI's up to date regularly.
In March 2010, I came to know that the property which I purchased was illegal. The property was sold to me by impersonating bogus land lord, builders and by creating forged documents which IDBI bank has thoroughly verified legally and issued me a home loan for the same.
After knowing that it is a fake property, I went to IDBI bank in person and asked them, how this can happen, as you have legally verified and sanctioned me a loan. They told that they will be suspend/dismiss/sack the IDBI employees who are all involved in it, but you need to pay the loan amount. They were also saying that somebody was living in that fake property from the past one year. Then I questioned them, if someone is living there from the past one year then how did you sanction me a loan? Still they insisted that, they will suspend/dismiss/sack the employees who are all involved in it.
Personally, I have enquired with one of the IDBI bank representatives about my loan sanctioning was illegal, he was also saying that ICON services(who processed my documents) is the most corrupted services, that they do anything (corruption) for sanctioning the loan. The fake owner/builders has colluded with the bank services and sanctioned the loan to my profile. I can give you the person name on request.
After paying 7 EMI’s, I have passed the instructions to my citi bank to stop payment of the EMI’s for the fake property at Hitech city.
I have started investigating personally and found that the fake Owner/Builder has bribed the bank employees and sanctioned loan to my profile without proper verification. I can mention the IDBI employee’s names who have taken bribe, with evidence on request. More over the employees of IDBI bank them self accepts that some of the services/employees are misusing the office and corrupted. I can give you all the details on request.
Five years ago, I have taken the home loan for another/different property in Hyderabad with the same profile. I have been paying the EMI’s for that property without fail till date; till now my track record is very good without any cheque bounces from the past five-six years. My banking track record is very good.
Trusting IDBI bank, I have processed another housing loan for the property at Hitech city. But unfortunately the fake owner/builder in collude with the bank associated members has cheated me by sanctioning me a loan on fake property. Trusting the bank I have paid the fake owner/builder 13 lakhs on top of the sanctioned loan amount.
Now the bank has started harassing and sent me a notice stating that they will be taking over the old property as I have stopped the EMI for the new property. I did not put the old property as a collateral security or mortgage or any other link with the new property. The loan was sanctioned purely on my profile base, then how the bank can take over the old property for their mistake. Which law says, even from the side of bank mistake I need to bare that?
As my old property is my hard earn property of my life time, they wanted to take over, for which I am not able to digest and leads me to frustration, I am not able to bare the mental tension/torture of the bank for their mistake. It leads me and my family to suicide. Please understand my mental torture and put me out of this issue.
A week ago I came to know about RESERVE BANK OF INDIA – complaint schemes by which my wife and I have hopes of living again. I request the bank to return all my EMI’s which I have already paid and all other expenses spent on the fake property (registration fees, processing fees etc) and my old property.
Therefore I pledge/request your good officers to look into the matter and take action against the IDBI bank as per law and do justice to me. Thank you for your support.
Thanking you
Anonymous
07 December 2010 at 00:06
i am a class-b service person(center govt.).my income is 6 lakh to 6.5 lakh/year .can i get an o.b.c certificate for my son with out creamy layer.
Thyagarajan
06 December 2010 at 22:26
Dear Members,
Can some of you advise the case number for the following as they are needed to cite in a case of mine
1. M/s.Scooter India Ltd. V/s. Mr.Pradeep Kumar, reported in 1986-2002 NC National consumer Commission
2.SC on Consumer Cases (Part IV) Page 6298
3. Supreme Court in the case of Jyotsna Shah v/s. Bombay Hospital reported in (1999) 4 SCC Page 325
Regards,
R.Thyagarajan
Kishor Makwana
06 December 2010 at 16:07
Respected Sir,
When I was Secretary of a Housing Society at Nerul in 1995, the managing committee had slapped a case u/s 138 against a member who had misappropriated funds and Mr KS Subash, Chairman representing the case for years. When he had developed health complications due to diabetes and related heart ailments, He requested the Society to appoint someone else to take the case forward which was granted by the Society and the same was noted in the Committee minutes of July 2008 and a resolution was passed relieving him of his duties in the subsequent AGM and appointed 4 members to represent the case for Society. Hiding these facts, the Society kept on asking future dates at the Court for more than two years citing reason as he was not available to attend the case. When finally the Court reprimanded the Society, the Secretary thru Advocate lied to the Court that he refuse to attend the case. Recently the Secretary got a resolution passed at the AGM to withdraw the case and another resolution stating that the Managing Committee is not accountable for any of their actions. By not discharging the duties as a Secretary (Secretary for more than 3 years), the Society lost a sizeable amount of money. Is there any provision to recover the amount for dereliction of duty from the Managing Committee and whether we can initiate action for their lying to the Court for more than 2 years? The Committee is passing the blame on us. Please advice.
With warm regards,
Kishor Makwana
armaan
06 December 2010 at 12:29
Hello Experts
Please advise whether there is any requirement of Minimum paid up Share capital in case of Public unlimited company:-
a)Having Share Capital
b)Not Having Share Capital
Satish Krishnaraj
06 December 2010 at 11:31
Hi,
We are a group of friends wanting to start a CBSE school in Bangalore, India. We have already procured a small piece of land for the same.
My questions are as follows:
1) I would like to understand all the licenses / permissions (from various agencies) that I need obtain to start the school.
2) I am looking for a blueprint for the agreements of various entities (trusts, MOU amongst friends, land regulations, etc.,) concerned and with all the parties involved.
Anonymous
05 December 2010 at 20:08
Dear Experts,
Which is the particular "Act" applicable to Maharashtra State Electricity Distibution
Company Limited?
What is the "Rules and Regulations" for granting Electrity connection as prescribed under the Act?.
In which "provisions of law the Rules and Rules and Regulations" are prescribed for new Electrity Connections to various establishment?
Kindly provide the above information as this is urgently required.
Many thanks in advance.
Anonymous
04 December 2010 at 19:30
Hello Sir/Madam
I'm from a small village in Amritsar ( Punjab ), my issues are regards to panchayat land, where people are un-authorised staying and forcibily showing their ownership over the lands. Long time Government had planned to built hospital over that panchayat land, but till date there is no single show-case from the government side.
When enquired from those people( those who are saying its their property) they said, they bought the panchayat land from the Sarpanch, but sarpanch says show me records. Now the issues is that, how to get the matter re-solved. People at my village are of backwards thoughts, they think whatever they do forcibily, its right. Even I tried to contact Patwari, but system is so corrupted that no one is ready to help me.
Till date, there are muddy roads, still there is no improvement sign at my village. People say many things, but no-one is ready to be the volunteer. I want to do something for my village, but I dont have anyone to show the right way.
I know its a difficult task but My purpose is that I should do something for my village, and let people should also know that there is nothing over the law.
Looking forward for your guidance and the right way.
Sweeta Saili
04 December 2010 at 18:22
Cheque issued frm Mahindergarh, dishonord in Chandigarh, compainant office in chandigarh, accused at mahindergarh, no transaction showing any bill drawn frm chandigarh against cheque amount. Pls advice , case can b filed at chandigarh or mahindergarh?
Swati ,Advocate
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