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Anonymous   25 February 2010 at 20:39

bank loan

A is having a house which he wants to mortage to bankto take a loan for business. The house is at the name of his grandmother who is dead and death certificate is available.

My question is that in case can he get any loan?

neeru20021   25 February 2010 at 15:27

Diploma Certificate

some body have a institute. he provides training and all some diploma courses. He is an advocate. now he wann to know whether he can give certificate or not. he don't have any afiliation. if any afilation required from where he can

Supriyo Samaddar   25 February 2010 at 12:55

Partnership

Can a private limited company become a partner in a partnership firm with three persons who are also the directors of the same company.

Anonymous   23 February 2010 at 14:20

Conversion of sole proprietorship to partnership

My husband's elder brother is running a sole proprietorship business. My husband is also a silent sharer of profits therein. Now they want to enter into a partnership business. My husband's elder brother is having a CC Loan in proprietorship mortgaged upon my husband's vacant land. How will this loan be taken in the new partnership business?

MANOJ HARIT   23 February 2010 at 08:35

SARFAESI ACT

Sir, What is the period of limitation for the Bank to proceed under Sec - 13(4) of Sarfeasi Act after issuance of Notice under sec - 13(2). If a Notice u/s 13(2) is issued in Feb - 2007 can the Bank proceed under the Notice in March - 2010 or it is barred by Limitation?

Saj   22 February 2010 at 20:53

Eligibility to be in the director board of a pvt ltd company

Is there any law telling that, the investor owns certain amount (%) of equity has to be in the director board of the company.

For instance, where is the position of an investor owns 3.5% of the total equity in a private limited company.

Any suggestion would be highly appreciated.

Saj

Sambhav Jain   22 February 2010 at 13:15

SARFAESI Act and DRT Act

A public Ltd co issues Fully Secured NON convertable debentures to LIC MF. The total outstanding due are Rs.10 crores including principal and interest. Later LIC MF has assigned its debt to a PVT Bank. and Deed of assingment has been executed.

My question is that whether Pvt Bank has any right to claim under SARFAESI act or DRT Act even though LIC MF has no right under SARFAESI and DRT Act

Anonymous   22 February 2010 at 11:34

Corporate Law

Dear Mr. RR Krishna, Mr B K R Rao and Mr. K Thadhani kindly refer my quary regarding corporate law posted on 12.02.2010. Many many thanks for your kind suggestion. Trust to get support in future also.Mr. Thadhani as you advised to get involved with reputed corporate law firm in this concern would like tell you that i have tried a lot but the firm which have agreed to retain me have provided very negligible ctc as compared to the present. But i shall try a lot so long i get a better because i want better exposure. Can you refer any good reputed solicitor firm of Kolkata. Please, if you have.

Regards,

SRY   21 February 2010 at 11:31

Resignation of a director from Pvt. Ltd. firm

I have submitted my resignation letter to my C.A but have not signed any share transfer forms or Form E etc.
1)Will my resignation process complete, the resignation letter being the only document in the entire process?
Regards,
Sanjay Yadav

Tipsy   19 February 2010 at 14:11

Refund of IPO cheque

Bharat G. Parekh
404 Navjivan Bldg, 121/127 Kazi Syed St, Masjid(W),Mumbai.400 003
OFF : (022) 2345 3838/23463838 Fax : (022) 23453737 R :25114653
Email : impexsolution@vsnl.net M: 9820034262

REF : 11770237 Date :February 19, 2010

To
Axis Bank Limited
Janmabhomi Bhavan, 2nd Floor
Janmabhoomi Marg, Fort,
Mumbai 400 001.

SUB : Refund of IPO cheque

Dear Sir,
I applied for the the IPO of Jubilant Food works Limited on18/01/2010 with a cheque of INR 98600 (# 482146 dated 18.01.2010) for total 680 shares . I was alloted 205 number of shares worth rs. 29725 and the due amount of Rs. 68875 had to be credited in my bank account no. 5605686119. My application details are as follows :

1. Investor Name : Bharat Gunvantray Parekh
2 Application form no. 11770237
3. No of Securities Applied : 680 Shares
4. Client ID : 10583504
5. DP ID : IN 302236
6 DP Name : India Bulls Securities Ltd
7. Mode of Payment : Cheque bearing No 482146 Dated 18.01.10 Drawn of Citibank
8 Application deposied at : Enam securities Pvt ltd

Jubilant food works Ltd has issued us refund order No 115512dated 01/02/2010 for Rs 68875 bearing cheque No 015557 dated 01.02.2010 from Axis Bank Ltd , which was presented first time 0n/ 4/2/10 and returned on 5/2/10 With the remark “Wrongly delivered not drawn on us”

The cheuque was twice post that on the 9th and 13th Feb and the same has been reversed saying the cheque is already cleared.

Kindly let me know the status at an early date

Thanks and regards
Bharat Parekh

Original cheque in with Investor Bharat G Parekh