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Anonymous   27 February 2010 at 14:11

Non issuance of duplicate shares/fraudulent transfer of sha

This is to inform you that I have lost/misplaced 200 shares of a company in 1996, which were registered in my name and the same has been intimated to the company immediately by Regd. Post with A/D and requested them for stop transfer and for issue of duplicate shares, but the company inspite of my repeated reminders directly to them and through Investors Grievances Cell of SEBI, NSE, DSE, BSE till 1999 not responded my any communications.

Thereafter in early 1999 the Company sent me a back dated letter having date of Nov.1998 along with a copy of a letter of a broker of NSE who have simply claimed the said 200 shares on the ground that their one sub-broker who has already closed his business, delivered the said 200 shares, without supporting any document in support of their claim and accordingly the Company refused to issue me duplicate shares and asked me to settle the matter with the said NSE broker, which was strongly objected by me by saying that I have no relation with the said broker/sub-broker in any manner whatsoever but the Company did not paid any heed on my request.

Thereafter in 2000 I approached the Dist. Consumer forum against the Company and from the written statement filed by the Company, I came to know that out of 200 shares, 100 shares has been transferred by the company in favour a third party(a nominee of the said NSE broker.) I strongly taken up the matter before the company through my advocate’s letter for recall and cancellation of the said fraudulent transfer of 100 shares in favour of third party but inspite of my repeated reminders once again the Company did not paid any heed on my request. My above case was dismissed by the Ld Forum on contest on the ground of limitation and Jurisdiction.

Thereafter I have filed a title suit for declaration and mandatory injunction against the company and the said NSE broker. The said suit was contesting by the company but the said NSE broker avoided to appear, hence expartie against them but unfortunately the suit was dismissed in 2005 without having trial on evidence on the ground of Limitation and Jurisdiction by relying upon a judgment of the Hon able Supreme Court under Ref. 1995 Supp. (4) Supreme Court Cases 590 Shripal Jain v/s Torrent Pharmaceuticals Ltd and Others in which it was held that “The proper forum in respect of issuance of duplicate shares on account of loss of original ones is not the Civil Court but the Registrar of Company who should have enquiry under section 84(4) read with the Rules and taken a decision himself… Companies (Issue of Share Certificates) Rules – 1960, (filed by the Company).

Thereafter I challenged the above judgment in appeal court but the same was also dismissed in Jan.2010 as per findings of the lower court and above judgment of Supreme Court.

Thereafter in view of above judgment of Supreme Court, I once again requested the company and their Registrar and share transfer agent to draw up the proceedings for issuance of duplicate shares, but the company once again did not paid any heed on my request nor replied my any communication.

Under the circumstances please advise me what is to be done and which is the right forum and the sections under which I got relief in such type of case. Thanks/P Chatterjee

Anonymous   27 February 2010 at 13:16

1% subsidy on home loan!!

Dear Sir / Madam,

As per the union budget 1% home loan Subsidy for the property value less than 20L and loan upto 10L to individual. My property value is below 20 L and my loan sanction is 12.6 L. Am i eligible for above scheme?

Thanks & Regards

parshotam lal   27 February 2010 at 08:20

Lawyer

I have hired a lwayer for allahabad high court from chandigarh. I ahve paid a huge amount in advance. From past 9 months he is delaying the case.He has not attended the court. Counter affidavit has been filed from the opposite party but my lawyer has not replied to it till now. He is avoiding it.What could be done against him

ravi anu ramraika   26 February 2010 at 19:23

suchana ke adhikar ke antargat kya bank aate hai

sir,suggess me, ki kya suchana ke adhikar ke antargat kya bank aate hai

Anonymous   26 February 2010 at 18:47

enouiry

sir m manish pursuing CS final can u plz guide me on how LLB Course can enhance my market value after Passing CS- how much can i expect after completing de course-- basically CS professionals are paid around 5-7L package,,,to wat extend will it enhance my market value or will it just enrich my personality as a secretary in de organisation & wat is de course duration?

Neha Shah   26 February 2010 at 10:35

Slum Sale and Stamp Duty Implications

Hi Friends,

Could you advice what will be the stamp duty implications in case of slump sale in Maharashtra?

Regards
Neha

M Ravinder Babu Advocate Parka   26 February 2010 at 09:23

pool

How masny days a pool will keep?
Any reply you send if the pool is placed or not?

Atish   25 February 2010 at 22:23

NEGATIVES AND NOT PHOTOS ACCEPTABLE IN COURT

Hello,

I was told in one of my cases by my other advocate today that digital camera photos are not a case of proof in the court and you need negatives. This would affect another case of mine where I have produced 300 odd digital camera photos. The world has advanced and we all use digital cameras.
Now if this is not acceptable then what about my other cases which mainly depend on photos.
It has got nothing as prior detective appointment for the photos but natural instances which is proof sufficient.
Kindly guide as this is news to me and would not like to comment this to my advocate and confuse myself regarding him handling the other case.

Regards
Atish

Anonymous   25 February 2010 at 17:14

st cast certificate

now i live in thane dist,(mumbai)maharashtra from last 20years. my grand father cast certificate is approved by jalna (maharashtra).my birth place also jalna. now only grandfather cast certificate in my hand ,my grand father also birth in jalna means my total family live in jalna so i didn't know anyone in nanded, jalna collector said,your community's peoples found in nanded.so it is possible for me, making a st cast certificate. pls proper stages show me.

Srijeyaraj   25 February 2010 at 13:25

Act related to Schools in Andrapradesh

Dear Experts,
In taminadu private schools are regulated by Tamilnadu Private Schools Regulation Act,1973 & Tamilnadu Private Colleges Regualtion Act,1976.
Likewise could i be informed about the Acts controlling/regulation schools colleges in Andraprades.