Vishnu Soni
28 November 2014 at 14:49
Dear Sir,
This is a basic query regarding interpretation on section 185 of section 2013. My query is as follows:
A Ltd. is holding company of B Ltd.
B Ltd. is intending to take loan of Rs. 3 Crore from bank. Now the bankers says that we can give loan only if the holding company gives guarantee to bank. On interpretation of section 185(1)(e) it is produced that company can't give guarantee for the loan taken by subsidiary company if borrowing company or MD, BOD or manager is accustomed to act in accordance with direction or instruction of board of directors of lending company.
Sir I want your opinion on this matter.
Kindly resolves it asap.
hoping for your reply sooner.
I'LL be grateful to you for your valuable help.
Ritika singh
27 November 2014 at 23:30
my clients a bank have been offered pledge of shares as security by a company wherein a director is barred by SEBI under section 11 B of the SEbi Act for his misdoings in respect of another company. the sebi order specifically mentions his name. can we get the pledge agreement executed from some other director and validate the same?
DINESH GHATKAR
27 November 2014 at 11:47
Can a partnership firm enter into a contract for purchasing immovable property in the name of firm and subsequently leasing it in the name of firm ?
Can partnership firm enter into a contract in the name of firm ?
What is the meaning of person under the Indian Contract Act ? Does it include partnership firm under the definition of firm as similar to Income Tax Act?
Vivek
26 November 2014 at 16:25
Co accepts money but fails to issue shares agst it ?
What is remedy available in law ?
Member (Account Deleted)
26 November 2014 at 11:27
Respected Sir/Ma'am,
I want your help or suggestions regarding friendly loan without interest which I have given it to my neighbor taking money from my father. I have given Rupees 3.2 Lac to my neighbor during period 25th July 2014 to 15th October 2014 in installments and in cash without any written proof.
Now while repayment he his continuously postponing dates and says don't worry I will anyhow pay you and also says if I have a doubt at him then he is ready to give post dated cheque and ready to sign an agreement.
Now Sir I don't know which type of agreement to be made for this purpose, what should be stamp duty value, is it valid to sign an agreements now for the payments done in earlier dates. I have searched through the web but I didn't get satisfactory answers.
Therefore I request you to please guide me through this situation, please reply as soon as possible.
Vikram Patil
26 November 2014 at 09:13
Dear all, please share your opinions on following points-
1) If a propritor of a trading firm is convicted of any offence under any sections of IPC (offence not relared to his firm), Can he still be the propritor and run the business?
2) Can a minor becone a propritor of a firm ? If yes, how?
3) Can an advocate become a partner of a trading firm? (sleeping partner)
4) If a propritor of a firm wants to delegate his day to day business work to be handled by an advocate, is it possible? ( issuing of cheques, signing on invoices and on chequebooks, entering into contract on behalf of firm etc.)
vipul
25 November 2014 at 23:05
I have taken cng kit fitments store frenchisee agreement with non refundable deposit, until frenchisor has to start workshop within 21days, he has given four months min compensate amount of Rs 50000/-instead of six months.
Now after seven months still he has not been able to setup workshop.. Also he is not pickup my phone calls, not reply of mail. He is pressurise to start workshop without any set up, he has not provided thier stock for the fitment.
What steps are further will have to take against franchisor please help me.
What procedure to follow and estimate expenses.
Thanks
Vipul Nayak
Ahmedabad
Gujarat
09574385434
Santanu Dutta
25 November 2014 at 22:28
wheter a bank can encash any account payee cheque bearing no person's name but only bearing account number instead.
krishna chemikala
25 November 2014 at 15:38
i would like to know detailed registration process for a patnership firm in andhra pradesh and total fee
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Sarfaesi act
My query before the learned experts are :-
Can a nationalised bank initiate action under 13(2) of Sarfaesi Act after dismissal of their money suit?
There is a clear bar from entertaining a fresh suit on same cause of action under CPC but can 13(2) be initiated?