SUBHASH SHARMA
03 February 2010 at 13:39
I HAVE A COMMERCIAL SHOP AT CHARKHI DADRI, HARYANA FOR TRADING OF SPARE PARTS OF MACHINES.
IS IT MENDATORY TO TAKE A TRADE LICENSE.
THANKS/REGARDS
SUBHASH SHARMA
Anonymous
03 February 2010 at 08:16
Sir, I am running a business on a small level. In Dec.2007, I had availed few loans from different banks Rs.3 lacs (with EMI 9500/- approx) & Rs.2.5 lacs (with EMI 6000/- approx). In 2008, I paid my EMIs regularly. But last year, I could not pay my EMIs regularly due to heavy loss in business. My business is not in a condition, bcoz of that I unable to fulfill my commitments.
Yesterday, I received a call from Bank/Recovery Agent that they have arrest warrant against me and shud pay entire amount or face the consequences. I told him about my current situation but he expressed his helplessness in this regard and told me pay the entire amount. Entire amount is possible in this current situation, even last year I had to sell my wife's jewellery and deposit the few of the EMIs in the hope that maybe my business condition will improve, but it does not look so. I dont have any property or asset to sell else I would have done that and returned the amount of the bank.
I am not a criminal and sincerely want to pay the money, which I availed from the bank. To fulfill my commitments, I am even trying to get a decent job but becoz of my low qualification, I am not getting job offers more than Rs.8000/- salary. I really need is some time, until I get a decent job. And even if I get a job, I can't pay the same EMI Rs.9500 + Rs.6000/- when I will be getting Rs.8000/- a month. I dont know, what should I do?
Is it possible for the Bank/Court to lower the EMI or instead take the installment quaterly which I could easily pay.
Can someone please guide me in this regard?
M Ravinder Babu Advocate Parka
02 February 2010 at 20:32
Every answer to the query with settled law position with latest judgments/citations is good. Simple opinions of these members not improve the legal knowledge. Can one and all accept it? can't we adopt it from now it self?
M.RAVINDERBABU,ADVOCATE PARKAL.
DIST .WARANGAL.AP.
9885627313
sundararajan
02 February 2010 at 14:48
Dear experts,
I have lost my 10th and 12th certificate recently in transit. I am from tamilnadu stateborad .Now I am settled in maharashtra-mumbai. How to apply for a duplicate copy of certificates.I have the scanned copies of certificates.
KAMARAJ BHARATHY G
02 February 2010 at 14:24
a land is actually used as residential or industrial land, which is agricultural land as per revenue record. But, there is no cultivation in the land and the land is used purely residencial or industrial with building pland approval from local body not from town planning department.
In this circumstance, the owner of the property gets loan from bank and he mortgaged the same property as security to the loan. Subsequently the loan become NPA. In this circumstance the bank can attach the property under SARFAESI, even though property is classified as agricultural land, there is no cultivation and there is building and factory. If any bank favorable judgement of Madras High Court or Supreme Court, kindly give me.
YOURS
KAMARAJ BHARATHY
sowmya
01 February 2010 at 21:54
What is the punishment for filing a false allegation against someone with false information, in a police station to bring about mental harrassment to the person on whom the complaint is being lodged?
If the allegation that the complainant has filed is proven to be false by the concerned victim, what action can be sought by the victim against the complainant?
anshul sangal
01 February 2010 at 18:54
Is there any site from where i can study latest and old case of Supreme court and high court?
sowmya
01 February 2010 at 17:08
01. Can a Pregnant woman be asked to come to the police station for enquiry after 7pm and made to stay till 11.15 pm?
Is this permissible, if yes under what circumstances?
If not permissible and if this has happened, can the pregnant woman now seek any answer why such an action was taken on her? how to seek a answer & from whom?
02. Can a father in law (72 years) who has personally come and given a complaint on his daughter in law (4 months pregnant lady of 26 years) refuse to come to the police station for enquiry stating he is a senior citizen, when called for by the officials, when particularly the residence of the father in law is only a 5-7 minute walkable distance from the police station?
jayesh ahire
01 February 2010 at 14:23
hi
I am CS fianl year student from mumbai and looking for articleship in a pcs...does anybody has any vacancy for cs trainee...plz let me knw
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finance company and the licence
i am having license to run finance company it is obtained from RBI,
is it necessary for me to obtain license/permission from the municipality also in addition to the RBI license?
which provision/section says it is necessary?
plz enlighten me.