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Mangesh   08 September 2009 at 00:29

Home loan

Dear Sir,

I had applied for a home loan through an agent. I provided him with all the required documents on 4th of July. Agent told me that as my age is less the tenure to repay the loan can be increased. As I received a confirmation about the loan amount on 15th of July form my agent I booked a flat on 26th of July.
But actually when I went to for an interview with the bank manager he told me that I was not at all eligible for the loan amount informed to me by my agent. The agent now is changing his words saying that he never said I was eligible for the loan amount X but I said that u can book a flat of X amount adding on my contribution.
Now the situation is that I am not getting the required loan amount as well as the builder booking recite says that the booking amount is not refundable.
I this scenario can I sue the agent for fraud and if yes under which law and also dose the law says that if the flat is cancelled the booking amount is not refundable, can I get my money back from the builder?

Seeking for your expert guidance.

Best regards
Yash
riven

Mangesh   07 September 2009 at 00:54

Home Loan Processing fees

Dear Sir/Madam,

Is it mandatory to pay the processing fees for the home loan if the expected loan amount is not passed or the loan is on hold due to non-completion of documents? Or the processing fees are only charged after the loan process is completed.

Is there any law for the processing fees to be charged for Eg. 1% of the loan amount or as such?

If I do a stop payment for processing fee cheque can I be sued by law?

Needs your expert opinion on above.

Best Regards
Yash
riven

Mangesh   07 September 2009 at 00:32

Home loan

Dear Sir/Madam,

Is it mandatory to pay the processing fees for the home loan if the expected loan amount is not passed or the loan is on hold due to non-completion of documents? Or the processing fees are only charged after the loan process is completed.

Is there any law for the processing fees to be charged for Eg. 1% of the loan amount or as such?

If I do a stop payment for processing fee cheque can I be sued by law?

I will be grateful if you can provide your expert opinion on above.

Best Regards
Yash


riven

kamal Jangid   04 September 2009 at 11:19

Cheque returned Notice

Dear Expert,
A cheque we presented twice and both the time returned by the bank due to unsufficient fund, now i talked to concern party but he is not interest to pay the amount.

Now i want to send a notice to party for this Please adivse me on the following:-
1) Is time limit is 30 days to send a notice from the date of returned cheque received from bank ?
2) After first notice we have to send any other notice if yes than time limit?
3) After final notice if payment not made by the party than time limit for us to file a case againest to them?

If a Format for notice is available with you than please forward.


Thanks & Regards
Kamal

SUDIP RAJA   04 September 2009 at 02:36

GUJARAT CO-OPERATIVE SOCIETY ACT

MY SELF SUDIP RAJA.

CAN A CO-OPERATIVE SOCIETY & ALSO CO-OPERATIVE BANK IN GUJARAT STATE INVEST THEIR FUND IN MUTUAL FUNDS DEBT ( BOND ) PRODUCT & ALSO IN PRIVATE CORPORATE COMPANY'S FIXED DEPOSIT ?

SUDIP RAJA
M = 9427721997

EMAIL = INVESTMENT.IDOL@YAHOO.CO.IN

paramjeetsingh   03 September 2009 at 20:46

opening of new business

R/sir,
i m paramjeet singh working as chef with a restaurant. i want to start my own mobile food van.i want to do the query about licenses for that.
Regards
paramjeet

Chhaya Soni   03 September 2009 at 14:28

What stamp duty applicable

Respected Lawyers,

Two companies having almost same directors, entering into enternal MoU or Agreement for consideration more than one lac, whether same stamp duty apply. Is there any exemption givan under any law for compananies who are entering agreements on and off. Pls reply.

Thanks in advance

AMIT KARIA   03 September 2009 at 10:47

Resolution by Parent Company

Hello,
Whether a Parent Company in India can pass a resolution on behalf of its 100 % Wholly owned subsidiary in Africa.

Waiting for your replies,

Amit Karia

dhiraj   02 September 2009 at 09:44

Indian Motor Tariif Act

As per Indian Motor Tariff act, package policy with short period can be issued. Also as per act, short period cover is not allowed for Liability product.
Can insurance company issue liability product with short period if it collects full premium.
Relevant Provision:-GR.12. Premium Rates for Short Period Cover

kasu   01 September 2009 at 09:11

Indemnity Bond

I would like to know if anyone can help me with an indemnity bond specimen draft in relation to no claims to a company.