LCI Learning
Master NDPS 2.0: Latest Legal Developments, Best Practices & Landmark Case Studies

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VENKATESH HEGDE   09 November 2015 at 10:54

Arbitration

Dear All ,

We need to appoint one sole Arbitrator with respect to our recovery of dues from one of the reputed pharmaceutical industry. As per the agreement we need to refer it to a sole Arbitrator. Please let me know the procedure and Please refer any specialist arbitrator below the rank of rt.d highcourt judge in delhi arbitration center. also please clarifiy is the total arbirtrator fees should be according to the DAC rules ?

Thanking you
regards

venkatesh

N.J.S.Rajkumar alias narasimha   09 November 2015 at 10:13

Diwali greetings

Wishing All the Members ,Experts Of LCI a Blissful,Pleasant,Prosperous and Happy Diwali

Ketan Shah   09 November 2015 at 07:01

Talk of suicide if......

Dear Sirs,

My uncle having his wife, one son and two grand son in his family has been suffering from a severe financial crisis since last 3-4 years. Our some of relatives has helped him financially and non-financially during his period of crisis. But gradually, one after another of our relatives has stopped helping him further. My said uncle owns a one big valuable flat in mumbai and we had severally advised him to sell the said big flat and move to a smaller one so that rest of money can be put in a Bank FD to resolve his financial crisis. But he is not listening to any one and remains continue to demand money form our relatives. Yesterday (8/11/2015) I have received his phone call and he demands a sum of Rs.20000/- from me and he further stated that if he does not receive the money he may have to commit suicide. I don't know whether this is a tactic of emotional blackmail or not. At present, I am not in a position to fulfill his demand.

What step I have to take now to safeguard my interest if anything wrong happen. Is it advisable to report to local police station of the above facts or is there any other way out.

Please advise me. Your advise will be highly appreciated.

Thanks & Regards.

lknirmal   07 November 2015 at 18:57

Reservation in govt job

Maharashtra public service commission(MPSC) advertise no. 91-2013,had result declared on 08-09-2015.in this add out of 88 selected, 24 candidates are selected in higher grade post and they may not be interested to join the job this ad.
what will happen when 24 candidates are join the job. means mpsc can revise the Result or not.
if revise result how it operate.

Pankaj urkude   07 November 2015 at 14:23

domestic voilence case

Sir
My name is pankaj urkude.
My wife has filed dv case against me.
I want to know whether the personnel appearance in DV case is must or not.

Abhijit   07 November 2015 at 13:10

Nbfc companies as per rbi

I have following queries relating to our NBFC Companies-

1. This year one of our NBFC Company is unable to meet up the basic requirement of Financial Parameters i.e. % Financial Asset to Total assets is 42.17% what will be the written submission to the RBI in favour of the Company. The reason for shortfall is major fund has been invested in Bank Fixed Deposits and as per RBI Bank Fixed Deposit is not counted as Financial Asset.

Please note that this is the first time when Company is failed to meet this requirement.

2. Similarly, in one of our NBFC Company, % of Financial Income to Total Income is 47.94%. The reason for such shortfall is that there is future Option losses in the current year that decreases the total Financial Income of the Company.

Suppose, Financial Income is Rs.50.00, Future Options Losses is Rs.40.00 and Other Income is Rs. 20.00. Therefore, in simple accounting Total Income is Rs.30.00 and Financial Income is Rs 10.00, which is less than 50%. Whether we should count income/loss in absolute terms, if so the Total Income is Rs 110.00 and Financial Income is Rs 90.00, which is more than 50% and meet the requirement. Is is correct way of calculation?

3. There are few Companies whose principal Business is not to provide NBFC services, still they are engaged in those services, Further In their Balance Sheet they have shown income generating there from in Revenue from Operation. Is it Correct?

Krishna Gopal Sharma   07 November 2015 at 11:26

Motor acceident

any citation regarding Motor Accident Claim Case Fees

Anonymous   07 November 2015 at 02:04

confusion between cs and an llb

hello
I am thinking to pursue 3 year llb from rajasthan university and alongside I want to enrol for cs also. Can anyone please light on whether I should go for both or not.I want to pursue my career in consultancy but I am confused which field of consulting i should go in..I am interested in taxation as well as corporate and business law.
Thanks in advance

pushpakrishna   07 November 2015 at 00:29

pay slip

Dear experts
We are propsing a boy for marriage of our relative girl and we enquired about his salary and that boy sent his pay slips and his company name also printed on the same.can we belive it .is there any other methods to enquire his exact salary.kindly advice in this regard in the interest of the both sides.thanq.

Ksreddyacs   06 November 2015 at 22:51

Surpunch is minting panchayat money

Dear Sir,

My village surpunch is misusing panchyat funds.
Kindly guide me where should i complient along with evidences.