Dinesh
06 September 2012 at 21:36
does sec. 319 cr.p.c also applicable on complaint cases (on 138 negotiable instrument act cases).
can u guide me upon combine effect of 319 cr.p.c + 98 negotiable instrument act.
can we impled a new accused in case of 138 at the time of evidence without serve him legal notice ( which is not possible because of limitation)
Pradeep Panda
06 September 2012 at 16:28
Dear Experts,
I had availed a loan of Rs. 8,00,000 from a state bank of India and have executed an agricultural land and liquidable FDR for mortgage deed for security. Thereafter due to a riot in our kandhmal district, the regular transaction has not been made and the account was scheduled as NPA on 07-01-2010. Afterwards on 27.09.2010 bank issued a notice u/s 13(2) of Securitisation.....Act. After receiving notice, we requested them in written through regd. post to settle the a/c in OTS, but no reply from bank was made, how ever the reply should have been made within seven days as per rule (Securitisation.......Act) Further bank issued a letter u/s 13/4 of Securitisation.......Act on 29-01-2011asking for our co-operation to take possession of mortgaged property. Presently the bank has issued a possession notice under the same act with the information that the mortgage property has been taken possession by the bank. As far as my knowledge goes an agricultural land even if mortgage against a loan can not be taken possession by the bank under Securitisation.......Act.
Can I challenge before Banking Ombudsman or DRT?
Please guide me for above problem and suggest if there are any authorities to support this case. Thanking you all in anticipation.
K.K.Ganguly
05 September 2012 at 16:47
Some broker/agent manipulated documents and filled up 4 nos. blank & signed Money Receipts and claimed to have paid in total Rs.20 Lkahs in cash in 4 installments of Rs.5 Lakhgs each to the land owner. He is now demanding possession & registration of a flat from the land owner. The case is fixed for hearing before the Consumer Forum on 06.09.2012.
Is not cash transaction of more than Rs.50,000/- at a time barred by law? If yes, by which law or rule and under which section? Is it I.T.Act.?
Would the Ld.Experts kindly give their valuable guidance?
Thanks in advance.
Neeraj
04 September 2012 at 16:04
Dear Sir,
I am a partner of M/s Shree Lakshmi Road Tpt corp (registered) with my brother, Firm has purchased a immovable properties in delhi & NCR. Now I want to sell my firm and my brother and I, retirement form the firm and introduce a new new partner registered the retirement deed as well as supplementary partnership deed with sub registrar.
can sale of firm, impose a stamp duty because of transfer of immovable properties.
if any case law please provide.
Anonymous
03 September 2012 at 01:49
sir , i had done agreement with a pvt . ltd . company as a super distributor of thier brand for my district in. april 2012.
but company cheated me.they do the billing to other party in my area by approaching directly without any agreement till date for nearly 2 crores ..
what should i di!
darshan
03 September 2012 at 01:46
sir , i had done agreement with a pvt . ltd . company as a super distributor of thier brand for my district in. april 2012.
but company cheated me.they do the billing to other party in my area by approaching directly without any agreement till date for nearly 2 crores ..
what should i di!
sandeep
31 August 2012 at 11:43
Dear Members,
I need the specimen of all documents applicable for Creditor's voluntary winding up, together with specimen of notices and resolutions required for this purpose.Many thanks in advance.
sandeep gupta.
advcs sagar mt
31 August 2012 at 10:57
Hi every one,
i want to know the time required for shifting of registered office of company from one state to another, and cost for the same and also which option i should choose should i go for strike off under section 560 or should i go for shifting of registered office which option is beneficial cost wise and time wise.
Manoj Pamul
30 August 2012 at 23:38
Dear Experts,
My client had availed a loan of Rs. 10,00,000 from a multi state co-operative bank and he executed a mortgage deed for security. Thereafter due to non-payment of regular installments the account was scheduled as NPA. Afterwards on 27.04.2007 bank had issued a notice u/s 13(2)of Securitisation.....Act. Further bank filed an application u/s 14 of Securitisation.......Act before the District Magistrate for assisting to take the possession of mortgaged property. Accordingly as per order given by the District Magistrate and with he help of City Survey Officer the possession of the mortgaged property was taken by the bank. After 2 months the account was settled for Rs. 1038000/- principal amount and Rs. 210000/- an interest amount. Thereafter my client had paid total principal amount and accordingly the account extract shows the principal amount as NIL. Accordingly the possession was given by the bank to my client. Thereafter bank has not asked for interest amount for near about 5 years. Again the bank has suddenly filed an application u/s 14 of the Act for possession and claiming Rs. 27.0 lac as towards interest on the basis of notice issued u/s 13(2) on 27.04.2007.
Therefore, 1) whether the bank can file such application once again even though the principal amount has been paid and accordingly the account extract shows principal amount as NIL?
2) Whether the notice given u/s 13(2) is valid?
Pls guide me for above problem and suggest if there are any authorities to support this case. Thanking you all in anticipation.
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