Decode Ballistic Reports Like a Pro. Register Now!
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

akhand   12 October 2012 at 18:27

Drt

Can a member of consortium of banks file a separate application against the borrower in DRT provided his share in the loan amount is only 5%?

PRASHANT   12 October 2012 at 15:45

Aggreement deed for installation of v-sat towe

Dear,

I am a owner of a land and a part of my house is rented to a govt office.
now a networking work in going in that office as a part of computerisation of office, they need to install a tower of 21 mtr height..
For this had provided them a land in my premises only..
Sir, i have to make a aggrement with them for Tower.so I need all your help .plz advice

Krishnachandra   11 October 2012 at 12:21

Arbitration matter

Dear All,

A Project was handed over to Company - A by Company - B vide supply and service orders. Terms and conditions includes an arbitration clause, one arbitrator by each party and both arbitrators select an Umpire. Laws applicable to the arbitration procedures was in accordance with the laws of India.

Now, Company - A invoked the arbitration clause for non-payment of dues and other serious issues. The Current scenario of this arbitration is that the umpire is yet to be selected.

Now my question is - Can Company - A move to the Court to file a suit or to get a restraining order, provided that it shall continue with the Arbitration Proceedings???

(Here, please note that no where in the general or special terms and conditions does the dispute resolution by way of Court is mentioned)

Request experts to comment.

Regards
K. C. Palai

RAJESH CHOUDHARY   11 October 2012 at 10:45

Mca

A company has filed form 5 last year for increasing its authorised capital and has paid the requisite stamp duty but failed to follow up the form and to keep the copy of the fomr and challan. Now, it is informed to the company that form 5 was never taken on record and not available in the records of ROC as well and company is not able to do its annual filing due to this. What step can we taken for 1. either to get the refund of the stamp duty? 2. or to get the copy of that filed form? Pl. revert on the query. Regards

girish parmar   10 October 2012 at 18:35

Suspension of operation of bank account of pvt company

We are a Banker. Our Bank has assisted a Pvt. Company. The Private Co. has vide Bd Resolution severally authorised Two of its Directors (by name) for operation of Bank account of the Company. The Co. has four other Directors who have now written letter to the Bank to suspend operation of Bank account of the Company. These four Directors name does not appear in the Board Resolution. However they are the Directors in the Company. Whether the Bank should suspend the account? If no then what are the safeguard the Bank should take to defend against these four Directors who have given legal notice?

Bhawani Mahapatra   10 October 2012 at 17:12

Lease versus license

Dear Experts

Pl. suggest your valuable view on my query.

There is a provision u/s-60(b) of Indian Easement Act, which read
60. License when revocable.- A license may be revoked by the grantor, unless
(a) xxxxxxxxxxxxxxx
(b) the licensee, acting upon the license, has executed a work of a permanent character and incurred expenses in the execution.

Now my question is "whether sec-60(b) will give similar protection, if the property in questioned is acquired through "lease" ??

pushpakrishna   09 October 2012 at 22:05

Burden of payment

Dear experts,
ABC proprietopy concern having licence to do do a business.XYZ having licence to do business.'A' purchesed goods in the name of ABC with 'B'.'B' also sold goods to A in the name of XYZ. and 'A' paid the dueamount to 'B'. now XYD filed a case againist ABC for recovery of some amount on ABC being a Licence holder. is it tenable in the court of Law ? .kindly advice on this matter with citations if any or suitable remedy to ABC

minsal   09 October 2012 at 12:43

Cheque transactions

Sir,

a person "A" purchased goods from "B" as a part payment of goods he issued three blank cheques to "B". out of three cheques "B" passed two cheques to "D" and "E" against the payment of goods he purchased.

After some months on some points some dispute arose between "A" & "B" and "A" with intent to harass "B" send notice to "C" and "D" stating that "he has issued a cheque to them against purchase of the goods, the cheque cleared in your account but you have not yet sent the goods, so send the goods earliest."

what remedy is available for "B", "D", & "E"?

Manzoor Ahmad   08 October 2012 at 22:18

Regarding the closure of canteen.

Respected Sir/madam

I am Manzoor Ahmad.I am working in Delhi Public School Anantnag Kashmir.My question is regarding school canteen.I got a permission from Management for running a school canteen upto March 2013.But in the month of June one of the relatives of the Management locked my canteen asked me to handover the canteen to us .I refused and they locked it for 50 days.Whole the stock of the items got damaged.The permission got from the management is on the plain paper.after that I many times informed the management to make the payment for my damage,but they never give me clear answer.Now i want to file a case in the court.Before filing a case I want o send them legal notice .How can I send them a legal notice.What will be the result If I will file a case in the court against management.I am also working in the same school.Is there any possibility of losing job when I will file a case against them.Now from last four days I am not attending the school.Principal of the school is calling me and saying that you are an employee and and you are getting salray and canteen is some what different.Now I am in trauma what will I do either to leave the school and fight against them & I am also thinking if I will be ther that will make me physically weak.I here also want it to bring in your notice that I have all the documents regarding the matter with me That includes the Photographs of locking of canteen,Agreement letter,Bills ,Time to time communication letters to management,Bank Statement etc.Noe if I will file a civil suit & in filing the civil suit can I will claim the compensation for the demages and the amount which I will earn throughout the agreement period. Hope you will give me better reply
Thanking You
Manzoor Ahmad