farook armaan
26 December 2013 at 20:19
Respected Sir,
i just wanna know, what can happens if someone gives a cheque signed "UNDER PROTEST"
please advice.
Ragvendra Singh
26 December 2013 at 15:13
as per NI act says that if a cheque is dishonoured for insufficiency of funds then it is a criminal offence with punishment upto 2 years and double the fine.
What about stop payment of cheque? i have issued a citi bank cheque of my account to a company which i have stopped later as i decided that i do not want to take their service. can that company sue me under ni act for dishonour????
swathi
26 December 2013 at 12:45
hi friends,
my uncle has applied for home lone.the bank rejected his loan as per credit report by cibil. He took 2 loans from the bank which were paid off before the due date but in the credit report it is still showing the credit which has to be paid.
please tell me the remedies against mistake made by cibil & bank so that i can guide my uncle and help him to get home loan.
thanks®ards
swathi
Mrs.n
25 December 2013 at 17:26
Dear Sirs,
Facts of the matter
One NBFC Listed company have given Loan/Inter corporate deposite to one private company for 60 days @24.% interest p.a.
The loan agreement was also executed and also the deed of personal guarantee.
then the borrowing company have asked for various extension to repay the same which lender company agreed .
But now the borrowing company have not paid interest for 5 months ?
QUERY
(1) can the lending company renew the loan agreement before expiry AND in the same agreement , can pending interest amount of 5 months be shown as LOAN by combining with principle amount ?? OR
2) can separate agreement be made for pending interest amount by showing it as LOAN ? OR
3) incase both the above option not suitable , pl.suggest most appropriate options.
sachin
25 December 2013 at 09:11
Dear Sir/ Madam,
A company was owing Rs.16 Lacs to a Contractor for the work performed in its factory. The Company delayed the payment and hence the contractor sent a legal notice to the company. On receipt of the legal notice the parties sat for negotiations and it was agreed that the company shall pay the aforesaid amount in equated instalment (say by way of PDC).
In view of the above understanding, what should be the procedure as regards to:
1. Cancellation / withdrawal of Legal Notice issued by the contractor?
2. Any document to be executed between the parties to capture the above transaction or whether it can be done by mere exchange of letters?
Regards,
Sachin
sujit
24 December 2013 at 22:27
how can i get a certified copy of a partnership deed . what is the procedure and what documents are required
visha lranjan
24 December 2013 at 14:52
can there be more than one managing partner in a firm?
Shakeel
24 December 2013 at 11:14
Can we deposit Cheque drawn in India to NRI Saving account?
Anoop Kumar
23 December 2013 at 14:17
Dear Sir/Madom,
I am engaged in a business of distributors/stockist of FMCG companies.I had sent damagad stock to a company 2 years back thru transport and couriered the bilty alongwith details.I repeatedly told the company persons who changed over the time to settle the claims.I even e-mailed to their Area sales manager/Reagional sales manager but they farworded the same and did nothing.What legal remedy is there for me..?
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Meghalaya society acit of 1983
I would like to know if society registered under societies act 1983 has provision for re naming the society or not?
links-->
http://www.megpolice.gov.in/acts/state/Meghalaya_Societies_Registration_Act1983Act_11_1983.pdf
http://www.mca.gov.in/Ministry/actsbills/pdf/Societies_Registration_Act_1860.pdf