In case vehicle loan, what is the time limit for bank to file case against defaulters from the date of default ?
sir,
one of my friend was taken credit card limit Rs.20,000/-in 2007, he used it and not paid the dues,what step bank will take in this matter ? what is the time limit to bank to approach court from the date of default ?
yogi
07 March 2013 at 11:16
What are the amendments proposed/Made?
Whether the Amendments to the Multisate Act has been notified ?
Has it come in to force?
vivek laxmidas thakkar
06 March 2013 at 23:51
we have issued post dated cheques to veer creation in surat,against the purchase of sarees. the sarees that they showed us as sample was different from the sarees delivered to us. we have sent them the notice to them before the dates of the cheques. if we do the stop payment of this dose it goes under negosiable instrument act.
udai s parmar
06 March 2013 at 16:20
I want to know what legal action can a selling dealer take against the purchasing party who for or other reason does not issue "C" Form to the selling dealer. Both the parties in Mumbai.
SANDEEP KUMAR
06 March 2013 at 14:26
Companies give Indemnity bonds to other entities during carrying out their business. What is the overall limit as per law in terms of amount in the case of a companyfor giving indemnity bonds from time to time to different entities for doing works of such entities.
Soumya
06 March 2013 at 07:41
I was one of the 3 partners of a company.We took a loan from bank and started our Business.However I resigned due to mismach of Ideas.I simple wrote a resignation Letter and got it signed by the other partner.
Now after 1 year Bank is sending me letters stating to pay instalments for the loan.What legal bindings I have towards the loan. As I never took any Share from the Company. And what should I do ?
Nakibur Rahman
04 March 2013 at 21:17
Respected member,
What if one bidder quote too law price in his priced bid such as 20 - 25 % with a intention to claim escalation charges in future, can the authority accept such a low tender.
Please guide
Thanking you in anticipation
Nakib
Hello Im running an Unregistered Society (of Law Students). We are going to conduct a Seminar/ Fest / Event for which we will seek sponsorships and donations from business establishments so that we can reimburse the cost of Auditorium / refreshments etc. Also we will be selling entry passes for the same.
So my question can we do that ? Are there any legal implications for the same ?
Conversion of proprietorship firm to partnership firm.
There is a Proprietorship firm called Jaydee Enterprise. The Proprietor wants to convert it to Partnership firm with his 3 sons. Please state me the format of conversion deed (.doc form)and state what point I should consider while drafting the deed.
It's urgent. Please reply quickly.