Nagarasu R
26 July 2018 at 12:56
Dear all,
my mom borrowed using sale agreement method from someone for 3% interest rate on 2012 Oct and the agreement tenure is 3 years till date we paid 1L interest. on last year July 2017 we requested him to make 1% so we can pay everything, but he refused to take money went to the lawyer notice we also replied for his notice. now they are calling for settlement and asking us to pay 2% interest. My question is if this case goes to the court then how much interest i will be paying for 250000? court will ask us to pay till 2017 July or till the hearing comes whole tenure we have to pay. Please help me to understand. 9844550017 nagarasu.ar@gmail.com
preethi
25 July 2018 at 19:15
Hi im preethi in my birth certificate my mom's name is written as Rekha and in all her records including our ration card its bhuvaneswari . can u please suggest me some ways for my mom's name change in my birth certificate
we are in BITS Pilani are interested to form an educational society namely 'sports engineering association of india' at national level in order to promote indigenous sports technology in india sports. If we have to form this society under Societies Registration Act, XXXI of 1860. May I request your guidance and also suggest if anyone can help us in the registration process.
thank u in advance
Anonymous
23 July 2018 at 21:35
CAN BOARD OF NOMINEE HOLD LIABLE A CHIEF OFFICER, FOR TRANSACTIONS DONE BY BANK PRIOR TO HIS JOINING BANK.
My friend Ex CEO of Bank C had joined the bank on 1.7.06 and resigned on 16.6.08
There was an arrangement between Bank A in Bhuj and Bank C in Rapar (both in kutch district of Gujarat) that cheques of Bank A , when presented by the account holders of Bank A, to Bank C, it should be honoured for payment after observing a formality of sending Fax to Bank A for confirming by Bank A that they have verified all the aspect of the cheque,including sufficiency of balance and genuineness of drawer’s signature. After verifying as above, Bank A will re-fax confirmation and then Bank C was will make payment. Bank C had opened an account in the name of Bank A, which was being debited by that amount, and at the end of the day, a statement also was being sent by Bank C to Bank A for reconciliation and affording credit to Bank C for all the entries.
During audit by auditors observed that following two entries, payment for which was made by Bank C but credit was not afforded by Bank A.
a) Entry dated 15.5.2006 for Rs.3,15,000/-
b) Entry dated 17.6.2006 for Rs.1,40,000/-
c) Entry dated 13.9.2006 for Rs 90,000/-
In this connection, Board of nominees,Rajkot, initiated actions and sent investigating officer and to submit report in the matter.
Thereafter, neither Bank C or Board of Nominee, sent any notice or communication and passed an order under Sec.93 of Guj.State.co-op.soc.Act.,1961, holding liable three persons viz.,,CEO, Chairman and Cashier/officer for loss incurred to Bank C., and instructed them to make payment of aggregate amount of Rs.5,45,000/-plus Rs.12,000/- being fees and cost towards investigation process.within a period of 30 days from the date of the order.
The communication of the above order was sent to Cashier/officer by Bank C, three days back per their letter dated 18.5.2018 (letter perported to be back dated by Bank C)
My friend Ex-CEO has not received any communication till date.
In this connection, entries in a) and b) are of the period when my friend Ex-CEO, had not joined bank.
As regards third entry c) , my friend Ex-CEO had observed all the formalities as per the arrangement framed by both the banks.
Thereafter, also, since the payment of Rs.90,000/- was not forthcoming from Bank A, Bank C, filed suit against Bank A (suit No.46/209 dtd 31.8.2009).
Under the circumstances, whether my friend Ex-CEO should approach Bank C, or directly approach Tribunal for quashing and setting aside or amending the judgement of Board of Nominees.
Chandraprakash B. Morjal
23 July 2018 at 16:10
I have purchased a flat in Khativali Village of Shahapur Taluka in Thane District and got possession in 2013. The agreement for sale states about payment of maintenance charges @ 1686/- per month for three years from the date of possession of the flat. The builder has not allowed to form the Co-operative Housing Society unless the construction work of adjacent building is completed. The structure of the said adjacent building is left unattended for more than 3 years. Even after completion of 3 years in 2016, as required in agreement of sale, the builder has forced me to pay monthly maintenance charges at unjustified rate of Rs. 1686 (increased to Rs. 2248/- per month from 01-04-2018).
As per my knowledge, the maintenance charge is a sum total of Annual Repairs at minimum 0.75% of construction cost of a new building/flat, and, in addition, reimbursement of other expenses incurred by the builder on behalf of the flat owners. Accordingly, I have asked the builder to justify maintenance charges @ Rs. 1686 / 2248 per month for which he has chosen to be silent.
The flat owners are being forced to make payment of GST even on the reimbursement of other expenses like Panchayat Tax, NA Tax, Electricity consumption for common premises, etc, incurred by the builder on behalf of the flat owners. Moreover, The Co-operative Housing Society would have been formed within a reasonable period as per existing rules, regulations and practices if it had not been denied by the builder. In case of the existence of CHS, the payment of GST on Maintenance Charges would have been on different footings.
In view of the above, I am in need of your expert advice in light of the existing rules, regulations and practices in the matter relating to maintenance charges and GST thereon in such forced circumstances. - Chandraprakash B. Morjal (Mobile No 9987093041).
Sachin Pagare
22 July 2018 at 20:40
Hi,
Please can someone guide me as to what actions can a husband and his family can take against a wife who lodged in a fake 498s case and now neither her family nor her lawyer can prove the fake false allegations made against the husband and his family. If she is unable to prove them guilty what punishment is she liable to legally for destroying the mental peace of her husband and his family and harassing them for 9 years.
Can someone guide me.
A member of a co-operative housing society in Mumbai made a will wherein his flat be transferred to 4 named individuals. The administrator (also one of the will holder) applies for probate of will and obtains a letter of administration from high court. The letter administration name the administrator as the legal owner of property. A testament of the will attached to the order mentiones 4 individuals with 25% share each on the flat.
1. I want know whether the society has to transfer the flat and endorse all 4 names of individuals or only the administrator's name to be endorsed on share certificate?
2. After obtaining the letter of administraion one of the will holder dies intestate, and in case the wife of the deceased person claims to transfer the 25% share of the deceased person, (after following procedure as bye law No.35) and makes application to society for admission, whether society to transfer the flat to the spouse of the deceased as nominee or absolute owner of the flat?
We are bit confused and hence this querry. Thanks
Pramod Kumar
21 July 2018 at 10:10
I had worked in one of the reputed public sector bank for 4 years and 298 days being my joining date as 29.04.2013 and resignation on 20.02.2018. I had sent form-I to my HR department for claim of my gratuity but I have received a mail that my claim has been declined as per clause (ii) of Sub Rule (1) of Rule 8 of the Payment of Gratuity (Central) Rules, 1972 citing reason not completed 5 years of continuous service in the bank. Please guide me in this matter.
Anonymous
20 July 2018 at 15:24
A flat for which agreement for sale was executed one year back but share certificate was not transferred. If such flat is to be purchased, what is required to be ensured to get share certificate transferred in favour of purchaser, when can it be transferred, what precautions are required to be taken by purchaser.
Shall appreciate apt expert advice on precautions.
Thanks.
Deceased claim at post office
sir my maid's husband was working in post office as a postman (regular role)and was get his salary through his saving a/c open in post office. Last month post man get expired and in his saving a/c he had not made any nomination .
on date of death balance amount in his A/c was 1,15,642/=.
She is a very poor chap with one daughter about to marry.
pl. guide accordingly