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life is ok   01 March 2013 at 22:04

Charge on companies share

Can paripassu charge on promoters shares of the borrower company be created in favour of 3 banks in consortium financing. banks will hold the shares as pledge.

As per Banking regulation act banks cannot hold shares more than 30% paid up value of any company.

Ritika singh   28 February 2013 at 16:47

Amalgamation under comapny law

a company xyz ltd(transferee) has filed petition to merge with 2 other company. they have managad to get an order to dispense with the procedural requirement of convening meeting of secured creditors .an undertaking is also issued to all secured creditors and published in paper. can any secured creditor file objection to this scheme when it is before high court for sanction??

NITIN SHARMA   27 February 2013 at 18:06

Consumer protection act 1986

plz Tell me that can a coplaint can be filed by the legal haier of decesed person if the electricy bill is contineous sending by electricity department while the decesed person disconnected that connection and have a receiving of disconnection.

bhakti jhaveri   27 February 2013 at 15:16

Voting right of legal heir of deceased share holder

Whether legal heir of deceased share holder have voting right in the company, if transfer of share is not possible due to family dispute?

Nitin Panchal   27 February 2013 at 11:10

First right on imported machinery

Sir,

If company has imported machinery under ECGC scheme and thereafter defaulted in bank's payment and I will purchase property from bank under SARFAESI on as is where is basis, whether I have to clear customs duty ?

shrikant shelke   26 February 2013 at 17:07

Law firm

R/s
I am residing at shegaon dist buldana.I have also completed my LLM degree in corporate laws and practicing at khamgaon & shegaon since last 6 yrs.
sir I want to start law firm for the purpose of outsourcing works and corporate works. so plz suggest me to plan my dream under all requirments and also suggest whether i myself can work as legal practioner under Advocate Act 1961
my email id shrikantshelke40@gmail.com

ASHOK KUSHWAHA   26 February 2013 at 14:12

Can drt allowed an application regarding stay order against bank/s inproper valuation of house

Sir, my client have been received a SALE/AUCTION NOTICE from concerned Bank . My question is that can Bank recovery officer issue the notice for AUCTION OR SALE? and valuation of property is very less without intimate to DRT ? the recovery case pending already before DRT and the final verdict is stil to come . Can I challenge the Auction/ SALE NOTICE in DRT and request for interim relief/Stay Order on the ground of improper valuation from valuer from Bank? if yes, please specify about court fee....how much deposit in DRT alongwith application for interim relief?

waiting for your valuable advice please....regards..
Ashok Kushwaha Advocate, DRT.

bhakti jhaveri   26 February 2013 at 12:47

Deceased shareholder's voting right

Whether legal heir of deceased share holder has voting right in the company as per company's act 1956?

Amullya Pandey   26 February 2013 at 12:34

To sell the products to customers

Sir,

My friend have registered a Pvt limited company and now he want to sell our products through online services thus need to guidelines for the same followed by required registration which need to be obtained.