P.C. Joshi
16 January 2014 at 11:41
Dear Friends,
A has to give a cash loan of Rs 35,000/- each to three of his relatives for personal use. Please advice what legal documents should A get signed from the three.Whether a duly signed receipt acknowledging the debt and commitment to payback the same on demand is sufficient Or a promissory note/unsecured loan should be executed and signed by them.
Please advice.
Thanks
P.C. Joshi
Regards,
Er.SUNIL VASUDEVAN. M.Tech, LL
16 January 2014 at 07:58
Can the individual experience of partners of a firm can be considered as the experience of the firm when applying for per-qualification of a construction contract?
Thank You
NIRMAL K D
15 January 2014 at 14:38
can bank claim from borrower again after claiming under cgstme from the govt
S DEB
14 January 2014 at 23:26
In contracts, generally a LOA ( letter of award) of the contract is issued to the successful bidder prior to the formal signing of contract which takes place about 1-2 months after the LOA is issued.
Based on the LOA the contractor mobilizes his resources however the final contract is signed between the parties after the contractor submits the PBG ( performance bank guarantee) which usually takes 1-2 months as stated above.
The question are:
1. If the validity of the contract is (say) six months, should we count the contract expiry date from the date of issue of LOA or the from the date of formal signing of the contract?
2. What is the legal implication of the LOA date?
Pulkit
14 January 2014 at 22:13
Respected Experts,
I am working as a Software Engineer and I'm planning to give Technical training to Engineering Students during their Summer Break. Is it legal to issue them a Training Certificate? Is it mandatory to get the business registered and if yes please tell what all needs to be done to get this type of business registered?
Please suggest.
rock cristian
14 January 2014 at 13:08
Hi,
I left a organization before 4 months.
Still my full and final settlement which includes (salary of 2 months of notice period) is not been given.
Can anyone help me with that?
Thanks.
Ravindra
14 January 2014 at 11:00
Dear Sir,
I have purchased SAMSUNG Mobile Model No. 1282 from M/s. Sudarshan Mobile Shopee From Vadgaon Sheri, Pune 411014 Vide Bill 5186 Dated 11th Jan 2014 Time 06:00pm.
When I Opened and switch on then It is not Showing Display on Mobile So I Called Immediately On Mob.No. Mr. Anil , Owner of M/S. Sudarshan Mobile Shoppee, Vadgaon Sheri, Told to me Show the Mobile On Next Day i.e. Sunday 12th Jan 2014. I Showed them the same Mobile Immediately Next Day and the Problem is genuine. Their Shop Person Told me to take this mobile to Samsung Mobile Shoppee. So Shouted them As this is New Purchased Mobile and why this problem has arrived to my Mobile.So On Monday Dated 12th Jan 2014 I taken up this same mobile to Samsung Service centre, Aundh, And Service Centre Manager told me that THIS MOBILE IS REPAIRED MOBILE. AND IT CAN NOT BE REPAIRED AGAIN, WE WILL REPAIR BUT NO GUARANTEE AND CHARGEABLE BASIS MEANS I HAVE TO PAY THE REPAIRING CHARGES TO SAMSUNG MOBILE SERVICE CENTER FOR REPAIRING.( SAMSUNG SERVICE CENTER MANAGER MOBILE NO.). I REQUESTED TO SAMSUNG MOBILE OWNER, MR ANIL, MOB. EITHER REPLACE ME NEW MOBILE OR GIVE ANOTHER MODEL OF MOBILE. BUT HE IS NOT READY FOR THE SAME.
I RUSHED TO LOCAL POLITICIAN, AND HE IS READY TO REPAIR AND GIVE ME THE SAME MOBILE.
SIR, HELP ME WHAT CAN I DO IN THIS MATTER? WHAT ACTION CAN I TAKE FURTHER? DO I TAKE MOBILE WITH REAPRING FROM M/S. SUDARSHAN SHOPPEE, VADGAON SHERI OR MAKE POLICE COMPLAINT? IS IT HELPFUL? PL SUGGEST !
regards,
RAVINDRA KULKARNI
PUNE.
Rupesh
13 January 2014 at 12:03
Hi,
I was looking for a flat to buy. During that time my friend suggested a construction firm, which moved further and applied for loan and got approved also.
In the mean time i heard from someone that the Construction firm has been a 'Partner firm' of 3, when they purchased the land and now one of the partner moved by settling other two partner and registering the flats as Private limited.
As the document still has all 3 of there names as partner. I think the settlement is still not registered.
Will there be any issue in the near future for me, when i want to sell it.
Need an expert advice immediately as its the last moment to decide, because the registration is going to happen next week.
Falguni S Swadia
13 January 2014 at 10:21
Dear Sir,
I am a chartered accountant and with reference to section 185 of the Companies Act 2013, i want to clarify about the loans to directors of a Private Company. Previous Companies Act 1956 exempted the directors of Private Company from the said section, but now even private companies can not give loan to directors. But what about the loan already given by the Pvt. companies to their directors? whether they have to recover the same and is there any time limit for the same? There are no clarifications for the same in amended act.
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Education loan deal with private bank
Hi Friends,
i m finished my B.tech degree in 2011 with the help of education loan in "Dhanalakshmi Bank".
i was get the loan amount 2,25,000 (from 2007-2011) and the interest percentage is 14%.
till now i was paid the 1,50,000 only interest .
My current situation not get good job and my family background also very poor.
My bankside is given so many pressure and they make call and giving torcher and black miled me file to a case in "CIBIL"
currently my total amount=3,50,000.
is any other solution to solve the bank loan problem with lower amount ? if i m go on "LOKAUTHA " its possible me resolved ah?plz Guide me friends.