Dear Sir,
I had taken car loan from Chola in 2006 (Rs. 315000). I paid the installments for two years. I lost my job and couldn't pay any more EMIs so they took my car away. The auctioned it without letting me know the auctioned amount and then told me that I need to pay them Rs. 68655. I informed them I am jobless and cannot pay.
Later they changed my loan status to written off and the same reflected in CIBIL. since 2012 the code used by them is XXX. I have tried my best to improve CIBIL Scores since 2011 an managed to get it from 500 to 650 in 5 years. Chola suddently changed the Due past day code to 900 from December 2015 and to my shock when I checked the CIBIL score this month it dropped to 589. I reported this to CIBIL but they said they cannot do anything. I emailed to Chola many time this month but there is no response.
I escalated the matter to CIBIL (all 3 levels) to Chola management, ROC and CLB. but there is no response.
Sir, Please help me what legal options do I have to proceed, so that I can get the CIBIL rectified.
Warm regards
Abraham.
saini2234
29 January 2016 at 15:49
Dear Sir
We have a private limited company in which shareholders are friends.
In a Pvt. Ltd. company having 6 shareholders, 5 with 15% and 1 with 25% shares, what is the power with each directors in case of dispute.
I have some questions.....
1. Can the 5 directors remove the 6th director as director (all the shareholders are directors).
2. Without information 5 shareholder canceled 6th shareholder partnership.....
i shall be very grateful if you could answer my queries as soon as possible
regards
vipul
PRADEEP KUMAR
29 January 2016 at 01:52
Hi,
I left my last company on the notice period buyout terms which I transferred them to company account which they confirmed over email that they got money, now problem is when I joined my current organization they are asking me for the notice buyout statement from my last company or my last company should have that amount mentioned as buyout money in my f&f statement now when I had word with my last company HR they say we can't give you any statement for buyout amount now I am stuck what should I do. How to get buyout statement from my last employer. Is there any legal way which I should go for??
Please guide.
anuusha
29 January 2016 at 00:57
Hi,
I worked in a reputed MNC company.almost 5 years i worked there.due to some miscommunication i got terminated from the company.they gave termination letter also.it was not my mistake but then also i got terminted from company.now because of that letter i am not getting any job.please help me what to do now,and whom to approach?
Rajesh
27 January 2016 at 20:54
I resigned from a private limited company directorship 2 years back, by sending resignation letter by registered post. The company has only two directors. I do not own any equity. There were some other promoters who still hold equal shares in the company but resigned from directorship long back. The company has stopped all activities after my resignation. There are statutory cases of non compliances in regular filing since then. Department notices and phones are still delivered to me. How can I get away from being recognised as director. The remaining director / promoters are unwilling to issue form 32.
Krutika Guhey
27 January 2016 at 16:26
Hi,
Please let me know the Maternity Policy for IT Company in Nagpur & process to apply for it.
What would be the benefits involved.
Regards,
Krutika Guhey
Debolina
27 January 2016 at 16:26
Is there any law(section) which states that the use of personal mail for official testing/use will be illegal or punishable?
Kindly let me know.
Vipson
23 January 2016 at 13:39
The santioned loan amount is Rs. 24.60 lacs under CGMSE scheme.. The category of loan santioned is Unit in North Eastern Region.... Inwhich 17.60 lac as term loan and 8lac as CC. The account had been sanctioned in 2013 and since then the entrepreneur has been paying the dues diligently . The CC had not been start yet.There was shortage of funds to take other place to start the project as the splace taken was not suitable for the project and for same he also asked to lend more money in other ways. He had already restructured the loan recently. But still he not able to start the project. The only primary security was Plant and machinery and other fixtures. The area is rented.
My query would be mostly from the Entrepreneurs point of view..i.e What proceedings could be undertaken against him considering it is case of NPA. More so what could the entrepreneur do to present his case strongly keeping in mind he cannot pay liabilities due....??? Please also light me one time settlement.
Vinayak jadhav
23 January 2016 at 02:20
Dear sir
We are 3 partner started process for registering our business and stuck up for company name suggestions
We are planning to do bussiness in electronic products, Toys, clothing and footwear and services under one company name we will also trade mark our products name
4 business under one company name is that possible
For an example if I keep my company name as Jadhav group how should I make division under by company name and show as per legal requirements
Jadhav mobile accessories
Jadhav toys
Jadhav clothing and footwear
Jadhav services
If I registered my company name as Jadhav is above business can I do?
Weekly holiday
An employee newly appointed in a reputed travel company is working for one month without any weekly holiday and monetary benefit for working in weekly holidays ( Sunday). On asking for weekly holiday HR Manager told him , at present no leave will be allowed due to exigency of service . But in appoint letter there is clearly mentioned weekly holiday, Cl & other leaves.Even in restricted holiday , 26th January he was to attend duty. Is it possible ? What do rules say in this case?
sudhir Saha