skn
27 July 2012 at 16:31
Sirs,
One of our customers cheque bounced reasoning "Fund isufficient" with that effect we have wrtten a mail on same day of cheque bounce to pay the amount immediately.
But we have not given the writeen notice.
It passed 10 days of cheque bounce.
Is it necessary to give in writing or the email is considered as notice?
sachin
27 July 2012 at 12:28
Dear Friends,
Can a Registered Lease Deed be terminated/cancelled by mutual consent of the Lessor and the Lessee.
Regards,
Sachin
Paresh Chauahn
26 July 2012 at 16:37
NEED YOUR KNOWLEDGE AND STAND TO FIGHT WITH THE BANK OR THE INSURANCE COMPANY WHO DENIED AND TOLD US TO CLAIM IT FROM THE BANK AND NOT FROM THE INSURANCE COMPANY.
I NEED MY HARD EARNED MONEY BY YOUR HELP AND SUPPORT AS VAKOLA POLICE IS ALSO SLEEPING IN THIS CASE.(WHERE THE UNKNOWN PERSON HAS ALREADY CHEATED SEVERAL BEFORE WITH THE SAME TRICK AT DIFFERENT BANKS AND STILL IS FREE TO CHEAT OTHERS)
I would like to bring to your notice the following incident of fraud which took place at your Santacruz east branch where we were the victims of the fraud.
The incident is as follows:-
This is to inform you that on 31/12/2011 at 12:00 am my office person Shankar Savant Had gone to H.F.D.C Bank at santacruz.east to deposit cash of Rs:-1,75,000/- in our bank accounts Account No: - xxxxxxxxxxxx Rs:-1,00,000/-( 1000 x 100 ) and Account No: - xxxxxxxxxxxxxx Rs:- 75,000/- ( 500 x 150 ) ,where an unknown person called shankar on the mezzanine floor of the bank and asked him he is from Pravin Kumar & Sons and handed him an 1 lac bearer cheque and told he has to pay him more in cash and should collect the same from the above floor of the building ,he took him outside but as the banking hours were about to close for the day he returned backed in the bank and waited in the queue to deposit the cash when his number was nearby Shankar removed the cash from the bag and suddenly the unknown person grabbed it from his hand before Shankar could raise alarm unknown person handed cash to the cashier of the bank, and Shankar requested to do the transaction and the unknown person said by the time they would return back in few time, mean while the unknown person took Shankar in the above floor of the building and told to collect the cash from the apartment hence Shankar went with the lift man to the upper floor but no one was there in the house and he returned back to the bank for transaction slip but the cashier replied that the person took the cash back demanding to change the denomination of 500 to 1000 notes, hence she returned it to the man, surprisingly Shankar said who was he never knew and how did she returned the cash to the unknown person. Urgently he called the owner and explained the matter who immediately visited the branch and then lodged the complaint ( F.I.R ) at the vakola police station about the incident .Police authorities visited the place, witnessed the incident & F.I.R was carries out. The Theft loss is Rs:-1,75,000/-.
What is shocking is that the incident took place within the bank premises, what i even more shocking is that indifference attitude of the branch manager towards the whole incident and the way he handled the situation, we have lodged a complaint FIR with the vakola police station
The bank is not willing to accept the lapse of security measures within the bank premises.
I kindly urge you to all to please guide in this situtation to take firm action.
Thanking you,
Your faithfully,
For:- Pravin Kumar & Sons
Anoop Ghoshal
26 July 2012 at 12:22
Dear Expert,
Is it mandatory to put MRP on kits imported in india. If yes where can we read the rules ? also can mrp be affixed after importing or before exporting to india ?
there are many Multi national companies operating in india without mrp hence is the confusion .
please advise
Ajay
25 July 2012 at 15:12
Can we file a contempt proceeding against DRT judge when we enclose AP high court Judgement
but DRT judge has not taken any account of that Judgement neither refer AP highcourt Judgement in his order.
DRT judge order is against Judgement of AP High court.
ravinder
25 July 2012 at 10:46
Dear Sir/ Mam,
I want to know that can a LLP become a member of Company or it can't like partnership firm?
Jay
24 July 2012 at 16:29
i had my law education complete TY LLB done. how can get license for practicing. pls brief process in gujarat state.
CreateGoodwill
24 July 2012 at 15:19
pl provide details on this law & judegements
P K Jindal
21 July 2012 at 14:21
Facts
A deed of assignment for assignment of loan was registered by an Asset Reconstruction Company (ARC) in Distt. Dhar (Madhya Pradesh). The applicable stamp duty was adjudicated by the Collector of Stamps u/s 31 of Indian Stamp Act, 1899. In addition, affidavit of the authorised officer of ARC was also obtained by the Collector of Stamps in which the total outstanding debt under assignment was also mentioned at Rs.13,43,94,844/- plus interest and costs thereon. The same amount of Rs. 13,43,94,844/- plus interest and costs thereon was also mentioned in the accompanying Assignment Agreement dated 22.09.2011. In the Assignment Agreement dated 22.09.2011, a reference of earlier Assignment Agreement dated 31.03.2010 was also given which was executed at Mumbai but the same could not be registered within stipulated period of four months from the date of execution as it was reported lost by the purchaser/assignee of the Loan. But the old assignment agreement dated 31.03.2010 was found subsequently by the purchaser/assignee as mentioned in the fresh assignment agreement dated 22.09.2011 and the earlier agreement dated 31.03.2010 was returned to the assignor. However, in the demand notice dated 07.10.2011 under SARFAESI Act to the Borrower, the total debt amount was mentioned at Rs.49,78,54,187/-. On the basis of affidavit and Statement recorded under oath of the authorised officer of ARC, Collector of Stamps, Distt. Dhar (MP) passed an Order dated 09.09.2011 assessing Stamp Duty at Rs.1,34,395/- i.e. @ 0.1% of the total debt amount of Rs.13,43,94,844/-. Similarly, Panchayat Duty was also calculated at Rs.1,34,395/- i.e. @ 0.1% of the total debt amount. Both the duties aggregated to Rs.2,68,790/- and the same were deposited. In addition, Registration Fee of Rs.10,75,330/- being calculated @ 0.8% of the loan amount of Rs.13,43,94,844/- was also paid. However, no Municipal Duty was deposited. Further, Panchayat Duty is attracted at higher rate of 1% (one percent) instead of 0.1%. Subsequently, Collector of Stamps filed a Review Petition before the concerned Revenue Board of Gwalior, Bench Indore u/s 56(4) of the Madhya Pradesh Stamp Act.
Query
1. On what amount Stamp Duties and other applicable duties are to be paid i.e. whether stamp duties are to be paid on Rs.13,43,94,844/- or Rs.49,78,54,187/-.
2. In case, Stamp Duties and other applicable duties are to be paid on Rs.49,78,54,187/-, what are the maximum penalties which can be levied for understatement of the loan amount at Rs.13,43,94,844/- instead of Rs.49,78,54,187/- as mentioned in the Notice under SARFAESI Act.
3. What are the minimum and maximum penalties prescribed for underdeclaration of the debt amount by mentioning the applicable Act and its relevant section(s).
4. Whether Review Petition by the Collector of Stamps is permitted under some other section of the Madhya Pradesh Stamp Act which provide for stringent penalties etc.
5. Whether FIR can be registered against the authorised officer and/or directors of the ARC for submission of wrong affidavit before the Collector of Stamps.
6. Please inform the nature and rate of all duties which are attracted for registration of the deed of assignment in this case.
Thanks
P.K Jindal
© 2026 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
Rbi & small ,micro medium enterprise
sMALL AND MEDIUM ENTERPRISE WHICH IS REGISTERED Under SMALL ,MICRO,MEDIUM ENTERPRISE ACT ,HOW RBI Looks or looking point of view towards sanctioning of loan?
is RBI allowed to bank to consider the status of co who is registered under SMALL ,MICRO,MEDIUM ENTERPRISE ACT?