Sanjeev Hota
17 May 2014 at 23:05
Mr Shyamsundar is partner in a firm with Mr Harish. His partner Mr Harish, took a vehicle loan from Tata Capitals to purchase a SUV vehicle. Mr Harish who had purchased the vehicle has not been able to pay instalments overdue for one year now.
1. Can Tata Capitals recover the loan taken by Mr Harish from his partner Mr Shyamsunadar?
2. What action can Tata Capitals take to recover the loan from Mr Harish?
3. Can a case be booked against Mr Harsish by Tata Capital (if yes what kind and which sections)
4. Is Mr Shyamsunadar in anyway liable as regards the liability of Mr Harish with Tata Capitals
Sonali
16 May 2014 at 10:50
We have filed an petition under section 397 & 398, and want to withdraw the petition, the bench officer has asked to file an application under unconditional withdrawal. I want to know the format in which the application will be file. kindly advise about the format. thanks
somesh
14 May 2014 at 19:04
Dear Experts
Bankers has issued notice in paper for sale of property in e - auction for next month.
please suggest how to stop or whether we can take stay from court how much charges shall advocates charge for the same.
please help i m in great difficulty.
Member (Account Deleted)
13 May 2014 at 11:53
Under RTI Act 2005 I had submitted a query on providing details of the customers who were the beneficiaries of Rs 90,000.00 hacked from my pension acct. They are known customers of their the same bank in around their head office at Mumbai. Info was denied stating it pertains to info on third parties. I appealed to their first appellate auth. They upheld the CPIO's reply. Both the officer are from the same office i.e Zonal Office of the bank at Hyderabad where as the concerned Br also located here at Secunderabd, AP.
My question is to whom should I file my second appeal? to the State Info or Central Info Commission?
Member (Account Deleted)
12 May 2014 at 20:46
31. Recovery/Refund of overpayment of pension to the Government Account.
(Ref. DGBA. GAD. No.H-10450/45.03.001/2008-09 dated June 1, 2009 and DGBA. GAD. No. H-2434/ 45.05.031/ 2009-10 dated September 15, 2009)
Government of India have advised us that the over payments of pension made by the banks are not credited back to Government account by the banks in lump sum but are remitted in installments as and when recovered from the pensioner. As this causes loss to the Government, all agency banks have been advised that whenever any excess / overpayment is detected the entire amount thereof should be credited to the Government account in lump sum immediately. We have reiterated instructions issued vide our circular dated April 18, 1991 and June 1, 2009 for recovery of excess payments and lump sum refund of excess/ overpayments respectively.
Would you please explain "As this causes loss to the Government, all agency banks have been advised that whenever any excess / over payment is detected the entire amount thereof should be credited to the Government account in lump sum immediately"
shruti
09 May 2014 at 14:39
the Authorised share capital of a pvt ltd company is 65,000,000.00,
and it want to increase its share capital to the extent of
12,00,000,00, now please tell me how is the fees calculated for
increasing the authorized share capital ? and what are the procedure
to increase the authorized share capital of a company under companies
bill,2013?
Amit
08 May 2014 at 13:58
Sirs,
As you know Company's Act 2013 has been made effective from 01.4.2014.
My query is will the sections of old Company's law (like 203, 204) be change to any other section numbers.
i.e. if old law is superceded by new law do the old section numbers get changed in new law.
kindly clarify.
Thanks
Regards,
Amit
sachin
08 May 2014 at 10:31
Dear Sir/Madam,
We are real estate developers and just to provide additional facilities to the purchasers of our flats, we have decided to allocate space in the basement our building to a company to set up a laundry. We will not receive any fixed rentals but only 10% of revenue share and the tenure will be for 3 years with one year of lockin.
What is document that will need to be executed that will safeguard our rights in the premises and we can terminate the agreement if we do not find the arrangement to be beneficial to our costumes.
Our intention is not to make profits but to provide facility with little returns.
Regards,
Sachin
Member (Account Deleted)
07 May 2014 at 20:52
A bank mark my FDRs as Lien under Banker's General Lien to recover alleged pension dues made twice due to phishing attack etc.Pensioner finds no such twice payment entries. Ask the bank to unblock FDRs and to provide more details. PCDA is also informed. The bank paid no heed.No confirmation recd from PCDA. The pensioner complained to the CMD bank. Nothing happens.Banking Ombudsman was then requested to interfere. It admits the complaint as maintainable No 201314009001276, obtains reply from the bank but dispose it off under clause 8 & 9(3) of BO Rules 2006. It informs the bank but not the customer. The bank informs the customer of the BO order but refuses to provide him a copy. Def Pensioner complains to the Min of Def GOI. It helps. PCDA ask the bank to furnish details.
The bank meanwhile exercised banker's general Lien and appropriates all the FDRs (valued at Rs 19 Lacs. The customer lodged the complaint to the BO afresh with all the supporting documents. BO takes no note of my complaint lodged afresh but sends me a mail with a copy of bank's previous reply informing its order disposing off my complaint under clause 13(a). Wouldn't it be under clause 13(f)?
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Buyer's position who purchased house from guarantor to whom notice from bank has been received
WHAT IS BUYER'S POSITION WHO PURCHASED HOUSE(NOT MORTGAGED AS PART OF GUARANTEE) FROM A GUARANTOR TO WHOM NOTICE OF RECOVERY FROM BANK HAS ALREADY BEEN SERVED IN RESPECT OF A DEBT DUE FROM A PRINCIPAL DEBTOR ?