manish mundra
27 August 2012 at 10:09
Whether winding up petition can be initiated by a secured creditor against a debtor company after having availed some benifits u/s 9 of the arbitration act.Whether obtaining some orders under section 9 of the Arbitration act makes the debt a "disputed debt".
atul mehta
26 August 2012 at 14:14
we have taken loan from nationalised bank. C.C.limit and term loan to buy commercial vehicles.our a/c became npa we were served notices and symbolic possesion was taken of collaterals now can the bank take reposesion of vehicles
atul mehta
26 August 2012 at 13:47
we have taken loan from nationalised bank. C.C.limit and term loan to buy commercial vehicles.our a/c became npa we were served notices and symbolic possesion was taken of collaterals now can the bank take reposesion of vehicles
Pranay Lasod
26 August 2012 at 13:07
Hi
We are 4 friends who are interested in starting our own business in India. We are students of engineering (3rd year). Our business will mainly involve:
- Providing web sites and web application to local as well as foreign clients
- Selling and providing support to HTML and Wordpress themes
- Development and selling of games, making them playable on internet and generating revenue through ads
- Developing apps and games for various mobile platforms
I wanted help regarding what all we should keep in mind, including legal problems
for eg: do we have to get a license, or reigister a company, and all other legal formalities
Thanks in advance
Member (Account Deleted)
25 August 2012 at 16:44
A company has obtained car loan against hypothecation of the said vehicle.The Bank has executed a Loan Agreement and RC was endorsed in its favour.However, no Hypothecqation - Deed was executed.The Bank is insisting the company to arrange for registration of the charge?Can it be filed in the absence of the Hypothecation Deed?
rahul
24 August 2012 at 18:47
i know its repeated query but i m still not clear. and some more information has been added to this query.
dear all users & experts
look v have an educational consultancy bussiness.
we are going to take authorization of 5 universities to start admission for distance education.
so universities is asking registration of ur company or firm (any registeration }
what is the process of registartion of educational bussiness
we have partnership firm.... yes we have partneship deed, rent agreement, pan card
i m located in vadodara, gujarat
sir pls give ur contact number also so that v can discuss on phone also
K.K.Ganguly
24 August 2012 at 18:02
One of my client wanted to foreclose his loan account but the Bank did not respond. Now his account has become NPA & the bank has initiated SARFAESI Proceedings. In the notice u/s13(2) of SARFAESI ACT,2002, the bank has demanded Rs.26,542/- towards foreclosure charge.
I had read some where that RBI has directed all Banks to stop collecting foreclosure charge.
My question is
1) Can Banks still levy foreclosure charges from defaulting borrowers?
2) If not then from which date & against which circular foreclosure charges have been barred to be levied on the defaulting borrowers or the borrowers who want to foreclose their loan accounts.
Thanks in advance.
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Pvt. placement of shares
A Public Ltd.Company desires to issue shares on pvt. placement basis.The said issue will need amendmant of its MoA.What are the documents to be filed with Form 23 and Form V ? Whether Memo . of Information is required to be prepared and submitted to the McA , alongwith Form 2 after the said allotment?