V.G.Rao Advocate
23 October 2008 at 20:54
Hi every body, I want know what is the period of limitation to file a mortagage suit.
Legal_Query
22 October 2008 at 18:42
Dear Sir,
I want to know what is the process of correcting/ changing the DOB in the passport and what is procedure to file application before the JMFC for securing the order for change of DOB.
pls reply as soon as possible
thnks & rgds
V.G.Rao Advocate
22 October 2008 at 15:58
Hi every body,
I want to know whether the video film or clippings from mobile telephone as well as handy cam video evidence can be relied on as per evidence act, is the same is admissible in evidence as primary evidence.
N.K.Assumi
22 October 2008 at 10:09
WHY WORRY WITH GLOBAL FINANCIAL TURMOIL?
Centre to pump in Rs 105.6 k cr more
Tue, Oct 21 02:52 AM
The government on Monday sought Rs 1,05,613.38 crore extra funds in its biggest ever supplementary demand for grants tabled in the Lok Sabha on Monday. These funds under the first batch of supplementary demands for 2008-09, will be used to provide fertiliser and food subsidies, oil bonds, increase in salaries of civil servants, among others. The supplementary pegs the government's gross additional expenditure at Rs 2,37,285.84 crore for the remaining fiscal, while the Budget 2008-09 in February has estimated the entire year expenses at Rs 7,50,883.53 crore.
The financial contribution of various ministries in the form of savings and receipts are expected at Rs 1,31,672.29 crore, resulting in a net cash outgo of Rs 1,05,613 crore. The fertiliser sector will get the biggest subsidy amount of Rs 38865.56 crore. Another Rs 65,942 crore are being raised issue of bonds to oil market companies for meeting their under recoveries on account of sale of petroleum products below market prices.
The government will credit Rs 15,000 crore in the Farmers Debt Relief Fund. The first installment of Rs 25,000 of the farm loan waiver has already been released to the banks from the Public Accounts of India. Thus the net cash outgo on account of the farm loan waiver will be only Rs 15,000 crore, the supplementary said.
Rs 10,500 crore has been demanded for expenses on the National Rural Employment Guarantee scheme. The government will also pay Rs 2912.67 to the International Monetary Fund as capital payment for increase in India's quota at the institution. The government sought Rs 4,064 crore for foodgrain subsidy to the Food Corporation of India and another Rs 1000 crore for subsidies on imported edible oils.
The demand could result in bigger borrowings, putting pressure on the government finances, analysts say. The finance ministry further sought the parliament's approval for restructuring capital of state-run Punjab & Sind Bank and UCO Bank. The supplementary demand for grants showed that the government plans to convert Rs 250 crore of UCO's equity into perpetual non-cumulative shares. It also plans to convert Rs 560 crore of equity in PSB into similar debt instruments - Rs 160 crore equity into innovative perpetutal debt under Tier-I, Rs 200 crore in perpetutal non-cumulative preference shares under Tier-I and another Rs 200 crore into perpetutal cumulative preference shares under Tier-II Capital. As restructuring of equity capital is involved in both cases and there is no cash outgo, the report said. The ministry demanded Rs 1,165 crore the department of disinvestment to reallocate funds to LIC Mutual Funds Assets Management, SBI India Funds Management Pvt Ltd and UTI Asset Management Company Pvt Ltd.
Another Rs 500 crore were sought for Social Security Fund of the LIC for providing 50% government share of premium under Janshree Bima Yojana. Some of the spending such as subsidies and farm debt waivers were provided in the budget in February, but the expenditure bill has gone up on some heads like fertiliser and food subsidies. The government is also under
pressure to woo voters ahead of local polls in some states and national election due by May next year.
All bank deposits are safe, nothing to fear: PM
Mon, Oct 20 05:07 PM
India's economic growth may decelerate to 7.5 per cent in 2008/09, as the country experienced 'ripple effects' of the global financial crisis and liquidity crunch, Prime Minister Manmohan Singh said on Monday.
"The financial crisis is likely to have an indirect impact on the Indian economy," he said in a statement to lawmakers in Parliament. "We must be prepared for a temporary slowdown in the Indian economy."
"RBI and the government are carefully monitoring flow of credit and will ensure additional liquidity results in actual credit," the PM said.
The Prime Minister assured t
Legal Fighter
22 October 2008 at 02:24
Hi All,
I need a good state consumer forum counsel in Bangalore for filing an execution petition. Can you please provide me the contact details for the same.
Thanks & Regards,
Manish
Bharat Gala
20 October 2008 at 22:23
One of our member was a guarantor and mortgage his Flat to Bank in Mumbai. Due to his ill health he died few years back. His family was not staying with him at the time of death. The said Bank under SERFAESI ACT 2002, took the physical possession with a simple letter to the Society not to transfer the shares of the said Flat. Meanwhile Bank for recovery of their dues sold/auction the flat to the buyer without informing the society nor taking prior NOC from the society.Due to the death of the member there were outstanding maintenance charges to be paid to the society. No information is gvien by the Bank with regards to sale of this Flat. The Purchaser informed the society that he has purchased the Flat from the Bank and he has given on L.L. without taking NOC from the society.
My Question is what is the procedure to take action against Bank for not taking NOC from the society to sale the Flat? Can society take action to recover the outstanding dues of this Flat ? Can Society refuse the purchaser to take him as member? Can society ask the purchaser to make the payment of outstanding dues of the society? Can he give his Flat on L.L. without obtaing NOC from the Society?Can he sale his Flat without transfering to his name directly to third party ? if he does what remeady available to the Society?
Rekha.....
20 October 2008 at 01:42
Hello! How r u everybody?
Here is the query
The gentleman has acquired the property by the partition of his ancestral property. The said Property consists of numbers of Plots. The said Gentleman had sold his 6 plots to one party ‘A” in 1992 and the same plots sold by the party’A’ i.e37,38,39 and 53,54,55 to our client in 1995 out of 6 plots,4plots were(37,38,54,55) sold by our client to other party in 2006. Because of some financial difficulties our client could not construct any structure on the remaining 2(39,53) plots. Our client applied for Lay out plan for the said plots and realized that the Description of the property and the situation of the property were not as per the Deed. Meanwhile these said plots are occupied illegally by the friends of the original owner by his (original owner) consent. Our client has requested solution from the original owner but he is not giving any response. The original owner suggested our client for alternate plots i.e 21, 26 and my client get executed Power of attorney and agreement to sale (notarized only) for both the plots in favor of him. When our client started some activities on the alternate plots the one builder informed our client that the said plots are already sold to him . V checked recently 7/12 and Index –II also Plots no.39 and 53 are in the name of our client, and plots no.21,26 are in the names of some parties(sale deed executed in 1982 yet to be confirm for the revenue records) .Our client issued notice to original owner dt 3/11/2004 and also approached to the Collector of the District for the said problem and because of this our client could sold above said plots(37,38,55,54) in January2006 .
Would u please give us suggestions and Guidance under which law v hv to proceed? Can it come under the law of consumer Protection act? Civil or Criminal proceedings Plz…
Thanx for giving ur valuable time.
RHM, NJP, HDM, RMH
gaurav
18 October 2008 at 11:36
I was working with Reliance energy in delhi as assistant manager . Reliance energy is known as BSES in delhi and anil ambani as the managing director . BSES was earlier a government concern known as DESU.It is enagaged in distribution of electricity in DELHI . BSES is famous for the corruption . 95 % of the employees are corrupt in the organization . I could not fight with the corrupt employees and finally I had to leave the organization after working for 4 years because I was so much harassed by the manger and the people sitting at higher management .My manger was a government employee .He started mentally harassing me so much saying me abusive language ,starting giving clerical work and many things . He is the most corrupt manager . He has taken crores of rupees in corruption from delhi public .He is never caught because he never takes bribe directly and he has got indirect means for taking corruption . I went to vice president of company but all in vain .He told that it’s a private company and first golden rule of private company is that u have to satisfy ur boss ego. I recoreded that conversation also . Now the thing is that I think I cant fight with the company with my mental harassment because they can put any blaim on me like they can say that he was not working properly or he was not speaking with boss in right manner –any bloody thing they can blaim on me because its such a big company .
Only thing I can fight now is that during the appraisals filling ,my manager demanded a bribe of a sinagapore tour from me . But I didn’t bribed him . 2 colleagues of mine are eye witneses of that bribe demand . I wrote everything about this bribe in my resignation to the vp(hr) of company .But company has not taken any step against that manager which have further setback for me and my mental health . Since my colleagues are working in same company and may not open their mouth but I have recorded conversation of one my colleague in which he accepting that manger demanded bribe from me. He can not deny that fact. I am going to personally meet vp-hr and write a letter to management and anil ambani too . please give me the legal advice if management and anil ambani doesn’t take action against that manager . I am ready to go to media too . I am really mentally harrased so much that I am not in a condition to do any other job . Problem is that manager is friend of CEO of company . Please give me advice ,how should I write the letter and to whom should I write . Should I write to anti vigilanace department also since that manger is a government employee . Where else I should shoot the letter .Please help me
davinder
17 October 2008 at 12:55
i want to form a law firm. how can i maske it. is registration compulsary? please tell me other requirements.
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7 criminal law ammendment act.
an F.I.R. was lodged u/s 419/420/467/468/469/471 I.P.C. and 7 criminal law ammendment act. Here what is meant by 7 criminal law ammendment act?