S DEB
07 February 2014 at 00:14
The problem:
Mr. X was aggrieved by the decision of a company ABC as he was not given a fair chance to bid for a tender and wants to file a case against a particular officer of the company who is in a senior managerial capacity and took important decision regarding this particular tender. The tenders were published by the company in newspaper and the name of the officer as mentioned above appeared in the tender notice as authorized representative of the company.
The questions are:
1. Can Mr. X file a case against the particular officer because he was the nodal officer in the tendering process and against whom the majority of the grievance lies ?
Or
2. Should Mr. X file a case against the company which is a juridical person and not against the particular officer ?
naushad
06 February 2014 at 18:06
I am purchaser of Demand Draft Rs. 50000/- dtd. 23.08.2011 issued as security deposit to execute a Tender, Whereas due some reason our Tender was forfeited and SD submitted towards SD was not cleared from Bank.
Now the Tenderer dt. 09.01.2014 is writing letter directly to our Banker asking to re-validate the Demand Draft which we objected that without our consent the same cannot be revalidated.
However earlier to this we had submitted with Indemnity Bond to cancel the DD dt. 26.11.2013 which our banker is ignoring to execute same.
So please guide, what is limitation to re-validate the Demand Draft can the beneficiary claim the same right now?
Can Banker directly without consent re-validate the Demand Draft?
Ashish Singh Narwariya
06 February 2014 at 18:01
sir ,my query is that one partner(A) of regd firm retires from firm by giving written notice and business of firm taken over by other partner(B) but the other partner (B) is not paying this retired partner(A) capital credit balance as per financial accounts , what remedy is with this to recover amount , partner ship deed has arbitration clause in it ,a lawyer notice is also given to that partner(B) in this regard but he did not turn up he doesn't talk to him.
what legal remedy left to partner (A) .
pls reply
amit shinde
05 February 2014 at 01:12
Hi,
I have given down payment for 2nd hand car and due to some reason need to cancel this deal.
Car owner is now refusing to return my money. What should i do????
As per proof i have my banks statement which shows cheque payment details.
Please advise me.
Ravi Kumar
04 February 2014 at 21:33
Hello Sir / Madam,
Am writing to know and get an opinion about a project, basically outsourcing their customer service to India, which is being expected to get outsourced to one of my friend. This project is sent from one of a international company. It appears that the product / service that the international company is offering to its customers is legal there in their country, however offering the same is illegal in India. However we are not doing the actual business as they do to their customers but supporting the questions from their customers. Will it affect in any way.. Looking forward to hear back and a valuable advise.
pooja dedhia
04 February 2014 at 18:03
we have a start partnership firm last 2 years . we have a loan from friends and relatives with diff interest rate . while preparing the cma data , where this amount to show ? in "other term liabilities" or it will be the part of quasi equity ?
RACHIT
04 February 2014 at 13:32
Is bridge loan is defined as per company act 1956 or in any other law ?
ABC
03 February 2014 at 00:23
dear
sir
I want to know meaning of this paragraph
A plea that the arbitral tribunal does not have jurisdiction shall be raised not later than the
submission of the statement of defense; however, a party shall not be precluded from raising
such a plea merely because that he has appointed, or participated in the appointment of, an
arbitrator.
Babu
02 February 2014 at 18:32
Hi Sir,
we have private limited company, we are 4 directors.me and my brother holding 60% of the company and other 2 directors had 20 & 20 %. So now one of director has getting projects from behalf our company and he didn't give any money to a company.instead he is getting own profits, he was not supporting the company.
Now I would like remove one director.. Another director was supporting him. What are options does I have to remove him. And what are the options oppose the board. Can we remove him with my 60% holding share(2 directors)..
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Recovery of outstanding amount
My father's business is that of transportation of goods by road on contract basis, one of our parties has delayed at about more than 6 months to clear our outstanding dues & now, instead of paying interest charge for such delay, rather they are demanding to deduct some percentage of due payment on the point stating that we had charged more than reasonable in the bills, eventhough the same bills had been beforehand verified & passed by there own executive.
Now, the problem is that my father thinks that t takes along period to recover such amount through legal proceedings.
So, my question is that, is there any legal way available to us through which the same due amount could be recovered at its earliest???
Please help me out....