Ambani
11 September 2013 at 18:44
I had filed complaint through Scores regarding unauthorised transaction in my share trading account. The broker in reply to BSE had accepted that the transaction was erroneous and they were in the process of compensating me. However, they wanted me to sign an affidavit which said that I was withdrawing all my complaints before giving me my compensation. I did not agree to the same and wanted written evidence as to the amount of compensation. They sent me a mail mentioning the amount. After that surprising they changed their stance and we had to go into arbitration. In front of the arbitrator the broker's representative mentioned that their prior communication regarding admission of mistake and compensation amount did not hold good in the arbitration proceedings because of some rulings by supreme court / high court.
Can someone throw some light on this aspect. Can the broker simply deny what he has officially said before.
syed niaz ahmed shah
11 September 2013 at 00:11
My friend used to do business in Dubai , but had to return as one of the bank deposited his security cheque which was not the amount he owed to the bank as he had paid much of its loan, and in order not to get arrested he left Dubai.
He had shops which also the landlords did not extend the lease period despite instructions of the rent committee, which also put him out of retail business.
Also he had invested in properties launched by Emaar but did not to this date start the project and refund of the same amount could also be taken up through these proceedings.
i want to know can he fight the bank and the landlord through Indian Arbitrator or International Arbitration and will it be legal to send approach lawyers in India to facilitate such Arbitration.
If so what procedure my friend has to follow.
kavksatyanarayana
10 September 2013 at 22:59
Dear Experts, Namaskarams.
A partner ship deed was executed between 3 persons in three un-equal shares i.e.40:40:20 on 1st july 2009. Now the partner "c" who has 20% share is retired and a new partner entered. the new deed is executed on stamp worth Rs.500/- with outgoing partner and incoming partners. the parties present the same in Form V before Registrar Office for amendment. the Registering authority of Andrapradesh asked to pay 5% stamp duty on the profits of the "C" share. is it required. please advise.
Pramod Shroff
10 September 2013 at 15:49
Can the bank give vacant possession of a property sold in auction under the SARFAESI Act. After the mortgage was created, the property was tenanted to a relative of the borrower.
sachin
09 September 2013 at 20:03
Hi,
If i want to mention above subject line in all my business emails while sending quotation, to my customers will this be a legal support to protect me. If in case the matter is taken in court.
Or do you have some better to write please advise me.
Sachin
Member (Account Deleted)
09 September 2013 at 17:43
Can the GM(HR) of the Holding Company be given the powers to appoint, promote,terminate and hold disciplinary proceedings of the employees of its Subsidiary Companies?
supabcdefgh
08 September 2013 at 09:33
Want to open a company with initial 2/3 member. The problem is coming to the company address.
Can we give home address in the address for the company registration and Tax related documents?
If home address is given, does it increase tax burden?
Can Government house be used for this address?
JOICE GEORGE
07 September 2013 at 17:18
Hi,
I have taken an SBI Smart Performer Policy in which I paid Rs.50000 as premium per year in the year 2010.They promised me highest NAV and assured me good growth.I paid the first premium only.after that I was not able to pay the next two premium .now when it has completed 3 years ,i.e,September 2013,I got a call from the SBI insurance office that my policy is getting cancelled and my money is refunded.I will be getting Rs.26000 only.I asked them about the promises they offered me at the time of joining.but they were giving helpless excuses.I have given Rs.50000 to them believing their assurance of giving above Rs.50000.Eventhough I didn't pay the subsequent premiums,I should get my money back after the surrender charges.that too after 3 years they are giving me Rs.26000 only.Can I file a case against this?will I get judgement in favour of me?I am expecting any expert advice for this ASAP.
prasanna kumar
06 September 2013 at 21:31
I want to know whether the supreme court has announced any decision on applicability of the section 5 of limitation act to application under section 17 of Serfaesi act.
I heard that such a decision is announced recently. If so and if some one knows pls shed some light on this.
Thanks in advance
Prasanna
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