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supriya sharma   27 January 2014 at 22:35

Regarding registration of trust deed

Sir/Ma'am,

I want to know that whether for registration of public charitable trust the property is necessary or not? and if it is necessary what would be the minimum amount of property required? I mean to say is it necessary have a land/building type property?

And please tell me the whole procedure?

jeevan deshpande   26 January 2014 at 15:22

Sexual harshment at work place

hon sir, with due respect i want to ask my question. recently sexual harshament law is enforced in india but relating to womens we find that womens still not ready to come out for complaints, somewhere there is pressure on mind and unable to spoke against harshment. as a citizen can i prepare quentionery campain in society specialy in industrial zone for working womens and ask them about any harshment. my intention is to provide womens information and there rights. which precaution i have to take, pl guide me.

VINAY KUMAR RUNIJHA   25 January 2014 at 08:24

Fidic clause 12.3 and 13 ; clarification needed.

This is regarding one of the ADB funded project wherein the General Conditions of Contract as per FIDIC apply.The bids are to be invited on item rate tender basis.
Clause 12.3 (a)(iv) states that:
"However, a new rate or price shall be appropriate for an item of work if:
(a) (i) the measured quantity of the item is changed by more than 25% from
the quantity of this item in the Bill of Quantities or other Schedule,
(ii) this change in quantity multiplied by such specified rate for this item
exceeds 0.25% of the Accepted Contract Amount,
(iii) this change in quantity directly changes the Cost per unit quantity of this
item by more than 1%, and
(iv) this item is not specified in the Contract as a “fixed rate item”;
The employer with the intention of avoiding any payments towards variation in quantities and price adjustment as per clause 13, has stated in the Contract Document: Bid Data Sheet and Contract Data Sheet that the prices quoted by the bidders shall be 'fixed' as stated in (a)(iv) above.
Please clarify if the interpretation of employer in respect to clause 12[ particularly part (a)(iv)] is correct or not.

deepak   24 January 2014 at 12:22

Mwallet license

How to apply for semi-closed prepaid wallet license ? and eligibility criteria for the same..?

Rajiv Kaicker   23 January 2014 at 16:50

Section 185 of the companies act,2013

Is there an overlap of Section 185 0f the Companies Act,2013 and Section 372A of the Companies Act,1956? What is present status?

RANJAN   22 January 2014 at 20:01

Striking off

If a Redg. pvt. company is in the process of Striking Off, and would like to sale the movable property of the company like vehicles/ car , whats is the procedure.
Can it be sold to any pvt. party or any NOC Legal formalities is required

saroja   22 January 2014 at 15:24

Return of recovered article

Mr X is a ornament dealer and given his ornament to Mr B to sell the same, Mr B could not able to sell but pledged the same for 50 % of market value, in addition to to pledged money, B also put some more money of his own and made part payment to Mr X.

Now Mr X filed criminal case against B alleging that B is failed to make entire payment nor able to return the ornaments, as per said complaint police recovered the ornaments from banker.

Now, to whom gold has to handed over ?
1. If given to X , B will loose money (paid by him on his own source) and Banker will loose their money
2. If given to B, both X and Banker will loose their money
3. If given to Banker, X & Y will loose

Here, X created valid mortgage to Banker

Please advice

Regards,
Saroja



atul mehta   21 January 2014 at 13:53

Securitisation act

i'm a director in a pvt ltd company had taken a loan from canara bank,baroda,Gujarat,for the company Rs. 2.5 Crore had mortgaged my house and a flat of my daughter as third party guarantor.
I failed in repayment after 3 years of dealing with bank,account become NPA and Bank did all the procedures and sold my house and not back the NPA notice amount in full of 2.5 crore.

Now between recovery and NPA classification it took 8 months time. Now bank is demanding Penal interest/Interest/legal expenses amount to Rs. 70 lacs for 8 months otherwise they will sell daughter,s flat.
Bank got the original demand notice amount in full.
Approached many advocates but no body seems knowledgeable and all have different views but no body was confident.

Can you suggest me a way to save my daughter,s flat i'm ready to pay some amount but not the huge amount bank is asking.
I met the manager of bank but he says he is helpless as the flat is mortgaged with them if flat was not there they would have bargained in amount.
Please help.
Best Regards

dinesh   20 January 2014 at 22:27

Stan chart bank must pay compensation

I had applied for draft of Rs 150000 on 27 sep 2013 request on hotline are taken with assurance of deliver with in 7 working days

After 15 days of not getting same i again called up for the same,i am surprised that they said sorry sir we cannot process the same as you had utilised the amount from your credit shell,i asked them that than why had you taken such request she told me that we are sorry and now i can take a fresh request for rs 85000 whic is balance on your card and you will get same with in 7 working days

Agian after more than 10 days when i didnt got the same and no return call from your bank i enquire the same and this time i didnt got any surprise because i understand your intention is not to refund the amount as your get my money intrest free than also this time i made request for rs 50,000 with same condition.

This is also not happen,
I got 2 call from your office after so much of harrashment and complain to you online as well as on phone calls.

first time she confirm that you will get amount and please do not use the card meanwhile from that day i didnt use the card till amount received.

on her 2nd call she appoligies and she told me to call back and reconfirm till evening only but non of call received after that call.

You are using our money from last 27 sep 2013 and we are losing interest for the same.
when the first time your officer name vimal genrate complain no and i got text on my mobile too, they dispatch draft of rs 85000 via blue dart courier which was return as they don't have any phone no on that envelop

again i called up and complain for the same finally its reaches to my office and clear in my a/c after 45 days.

I had give order on 27 sep, than after 7 days she took offline request and again on 15 oct on hotline for rs 85000 no.

you know very well how stupidly your banks software and staff and greviance cell is working , i have no concern as what kind of operational thing to be used to maintain international standard.

my issue is that the bank should pay intrest @3.46% for 30 days for rs 150,000/-
from the date of request taken as if in any case we didnt make such payment we have charged higher amount of penalties ,service tax and intrest shuold you bank appoligies in this way only please reply with this issue only and this time do not reply after 30 days as if we didnt pay intrest on time you charged again intrest on intrest for the same amount so they same process to done in my case and Stan bank has to pay all amount as they charged to their customer for non payment on time.



Please reply all this urgently to take further action.hope this time i get assure best service by replying fast.

Deepak   19 January 2014 at 09:29

Banker right of lien

Ques: A is having a Car loan account in bank in which his brother 'B' is guarantor giving only personal guaranty. 'B' brother of 'A' is also having an agricultural CC limit in same bank. Now he want to discharge his CC limit account in which he has deposited title deed. B is claiming title deed, Can bank exercise right of lien by holding title deed for recovering amount for car loan account of his brother A which is declared NPA. Plz reply with relevant Judgments?