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J. P. Shah   04 July 2008 at 19:13

Misuse of securitisation act by bank

Due to misuse and arbitrary use of securitisation act, my friend suffered loss of nearly ten lacs by way of theft by officers of bank during physical custody of flat, damage to furniture as no care was taken by bank for 15 months,depriving wife of her stridhan, though she is not connected to loan, keeping illegal custody of items not charged to the bank,. Now my friend wants to claim damages from bank and its officers. Where should he go-consumer court, civil court or drt?

Manish Singh   30 June 2008 at 11:56

SICA and Companies Act- sec 391-94

Dear Members,
can you please go through these two recent cases and point out whre are the grey areas so that we can use the Delhi HC judgment in our favour.
Please do the needful.

1)Kotak Mahindra Bank Ltd Vs AAIFR & Ors.
Decided by the Delhi HC on 11th April, 2008.

2)Tata Motors Ltd. Vs Pharmaceutical Products of India Ltd. and Anr
Decide by the SC on 16th May, 2008.

Sundararajan   29 June 2008 at 23:44

Closely Held Company

Dear Sir,

What is Closely held Co.?

Is there any differece between associate Company and subsidiary Comaany

SAM KOSHY   29 June 2008 at 14:45

Registration of society

We would like to register an eduactional society to impart technical & professional education to the public as well as MOU with govt / pvt sectors.

What are the procedures to register such a society. Please inform us more information & list the procedures.

Regards

SK

naveen mathur   25 June 2008 at 10:51

excise return

Can we revise the excise return after we found some ommission or wrong entry in it? if yes, what is the procedure of revising Excise Return.

atish singh   24 June 2008 at 12:41

takeover of companies

A LTD ACQUIRED 29 % STAKE IN C LTD.C LTD IS A LISTED COMPANY.B LTD ALREADY HOLDS 21 % STAKE IN C LTD.THERE ARE 7 DIRECTORS OF THE COMPANY .TWO OF THE ARE REPRESENTATIVE OF B LTD. AND FIVE ARE INDEPENDENT DIRECTORS. WHAT ARE THE STEPS TO BE TAKEN TO INDUCT THE REPRESENTATIVE OF A LTD INTO THE BOARD OF DIRECTORS OF C LTD.?

jayati   23 June 2008 at 19:02

case against lawyers

lawyers given his report as per avaliable public record in the concerned registry office of the last 13 years. at the time of given his openion that property free from all encumbrances as per search report. borrower can offer mortgage but it is to be suggested to the bank before creation of equatiable mortgage sport varificatipon and enquary must be done by the bank officer.and one affidavit to be taken from the browert the property is not aquired by the Government. but without complaying all the formalities and also not complying the RBI guirdline bank disburse the loan. without taking any action against the borrower , they file one case aginst the lawyerbefore consumer forum allaging his negligence, and he will be liable to pay a sum of Rs. 94,00,000/- as demarage. it is to be mentioned here that he only seen the photocopy of the tittle deed , not the original. original was lying with the bank. in my view bank try to bypass his negligence and startes protracted litigation to save their own negligence. please suggest any judgement/judgements.

NAMRATA DONTUL   21 June 2008 at 11:13

book on Company Law & Secretarial Practices

hi,

I am searching for the book of
COMPANY LAW & SECRETARIAL PRACTICES

AUTHOR - N. D. KAPOOR
PUBLISHED BY SULTANCHAND & SONS

jayati   20 June 2008 at 15:22

consumer forum judgment

one nationalized bank brought a complain against a lawyer that he intentionally make a legal opinion regarding a property. the nationalized bank make a complain before the state consumer forum of West Bengal. they complained that the lawyer negligently does not search the property details from the concerned registry office and make this legal opinion regarding this property. bank said the lawyer is negligent to his work but fact is that the lawyer searched the property from the concerend registry office were the public records are not available. the title deed was for the year 1959. this report was given to the bank as a legal opinion only not to pass any loan but the said bank wrongfully and illegaly with malafide intension by scepgotting the lawyer initiated a potracted litigation against the lawyer before the state consumer forum and asking a damarage for Rs. 1 Crore but till date they have not taken any legal action against the borrower.in this regard you are requested kindly help thelawyer by giving your esteem opinion and judgment which was passed by Hon'ble Supreme Court of India, if any or any other related judgment/judgments.

Rama Verma   20 June 2008 at 11:59

company law

please make clear what are certain acts which are applicable to public company but not private limited company