Anonymous
14 May 2011 at 15:58
One of my clients created a public charitable trust settling a property he owned and he became one of the trustees along with some other trustees (None is his relatives). Art 54 of Karnataka reads as under:
A. Declaration-of Trust,
(i)Concerning any money or amount conveyed by the author to the trust as the corpus.
Rupees Five hundred
(ii) Concerning any immoveable property owned by the author and conveyed to the trust of which, the Author is the sole trustee.
Rupees Five hundred
(iii) Concerning any immoveable property owned by the author and conveyed to the trust of which, the Author is not a trustee or one of the trustees.
The same duty as conveyance Article 20(1) for the market value of the property conveyed.
I registered the trust interpreting the clause three above that since he is one of the trustees, stamp duty of five hundred is enough
Now there is departmental audit objection that stamp duty as applicable to any transfer would apply and hence the party has to pay the difference stamp duty which may come to some lakhs of rupees.
Can any body help me out with some solutions with suitable case law if any?
tarun
13 May 2011 at 16:20
respected members,
on my complaint a case us 148/149/323/452/506 was registered against accused persons, but on the same day accused persons inflicted some injuries on their body with friendly hands and got showed a fracture on the left hand index finder, got medically examined and a false cross case registered against us u/s 148/149/323/325/506, after about one month of the incidence (DDR was recorded on the complaint of accused persons on the next day of incident but false cross case was registered after about one month), POLICE AND ADDITIONAL S.P IS HELPING THE ACCUSED PERSONS, i on the next day of incident write, s.p of city and C.M.O of civil hospital that injuries are self inflicted, and once again after 15 days demanded for medical board examinations of accused persons, and after 5 months again demanded medical board and forensic expert medical examination of accused persons that injuries are self inflicted, but no action has been taken by S.P, CMO, DGP, IG etc on my application for appointment of medical board and forensic expert. now challan is yet to be presented against both of us parties in the court of JMIC, can i give an application before JMIC, before filing of challan by police for appointment of medical board ???? Can JMIC, give Directions to police before filing Challan for appointment of Medical board ??? is JMIC is competent to order for appointment of medical board for the examinations of accused persons to know that injuries are self inflicted with friendly hands or not ?????? plz guide, challan of police is yet to be presented
Anonymous
12 May 2011 at 11:08
Who are called institutional investor and non-institutional investors ? What is the monetary limit of investment in purchasing shares from secondary markets by institutional and non-institutional investors ? Please clarify
P D Agarwal
11 May 2011 at 20:55
I am Secretary of a registered Societies under Registration of Societies Act -1860 in Uttap Pradesh. Our President and Cashier have taken all types of control and not respecting any law related to Societies Act or any other law. They are not maintainaing any account nor filing any Income tax return although the Society has PAN number and selling Society property-Common place for Cash.
Please advise me how to deal them as a Secretary
Anonymous
11 May 2011 at 19:20
is there any provision under workman compensation act that for how many days in a year a presiding officer should seat??
Sridhar
10 May 2011 at 12:13
hi i live in mumbai @ prabhadevi, now our chawl is under SRA redevelopment, my point is the room is in my Fathers name who expired in 1986 still his name, but on Electricity Bill my mothers name she lives with me, i have 1 Elder brothers & 3 Elder Sisters, all married & not stay with me,
my mom & brother wants this room transfer to my name but the builder is saying he cant coz i was minor on 1.1.95 but i provided him all documents like my birth Cert. NOC from my Brother still he not agree,
wat he saying if i put my name the room will "Aapatra" as per SRA
plz advice me wat should i do
Anonymous
09 May 2011 at 20:26
Dear All,
I require syllabus of judiciary exam of any state pls if any body having the same pls do share with me......
E-mail:Raghu.svslawchamber@gmail.com
Regards........
Raghu
Adv.Mohammed Sameer
08 May 2011 at 17:45
I want to do job IN leading LPO I have 3 years experience in civil practice plz give ur comments.
preet
04 May 2011 at 17:01
I have been sanctioned a term loan & cash credit limit of Rs.20 lacs & Rs 5 Lacs respectively. We have availed the full term loan of Rs. 20 lacs. But cash credit limit partially to the extent of Rs. 1.25 lacs only.
According to securitisation and reconstruction of financial assets and enforcement of security Interest Act.2002. u/s 13 (2) of serfaesi. This section will be implement when the amount has been gone up minimum 20 % extra.
Now please guide me which amount will be counted:20 lacs or 25 lacks to calculate the 20 %.
Thanking u
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