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Rahul Agrawal   30 August 2012 at 21:38

Banking

Is there a difference between foreclosure charges and prepayment charges.

I have a CC account and i want to close it, the bank is demanding for foreclosure charges as per sanction letter.

I am arguing that my account is not foreclosed as i have not defaulted any payment.

I want to know whether i am right or wrong

anoop   30 August 2012 at 21:02

Can d recent position of law and current citations after mardia chemical case for the securitization

can d recent position of law and current citations after mardia chemical case for the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 be provided?

Sandeep Didwania   30 August 2012 at 18:39

N.i. act sec 138

A cheque was issud by the accused in the name of 'X' for repayment of the loan amount. X expired and thereafter the wife of the deceased deposited the the said cheque in the bank account, the bank account was a joint one.. the cheque bounced.
whether the wife of the deceased can file a case u/s 138 of the N.I.Act against the accused,
plz help........plz give sum rulings...if any

Member (Account Deleted)   30 August 2012 at 10:18

Pvt. placement of shares

A Public Ltd.Company desires to issue shares on pvt. placement basis.The said issue will need amendmant of its MoA.What are the documents to be filed with Form 23 and Form V ? Whether Memo . of Information is required to be prepared and submitted to the McA , alongwith Form 2 after the said allotment?

manish mundra   27 August 2012 at 10:09

Arbitration & winding up

Whether winding up petition can be initiated by a secured creditor against a debtor company after having availed some benifits u/s 9 of the arbitration act.Whether obtaining some orders under section 9 of the Arbitration act makes the debt a "disputed debt".

atul mehta   26 August 2012 at 14:14

Sarfesi act

we have taken loan from nationalised bank. C.C.limit and term loan to buy commercial vehicles.our a/c became npa we were served notices and symbolic possesion was taken of collaterals now can the bank take reposesion of vehicles

atul mehta   26 August 2012 at 13:47

Sarfesi act

we have taken loan from nationalised bank. C.C.limit and term loan to buy commercial vehicles.our a/c became npa we were served notices and symbolic possesion was taken of collaterals now can the bank take reposesion of vehicles

Pranay Lasod   26 August 2012 at 13:07

Starting a web, app and game design business

Hi

We are 4 friends who are interested in starting our own business in India. We are students of engineering (3rd year). Our business will mainly involve:
- Providing web sites and web application to local as well as foreign clients
- Selling and providing support to HTML and Wordpress themes
- Development and selling of games, making them playable on internet and generating revenue through ads
- Developing apps and games for various mobile platforms

I wanted help regarding what all we should keep in mind, including legal problems
for eg: do we have to get a license, or reigister a company, and all other legal formalities

Thanks in advance

Member (Account Deleted)   25 August 2012 at 16:44

Hypothecation for car loan

A company has obtained car loan against hypothecation of the said vehicle.The Bank has executed a Loan Agreement and RC was endorsed in its favour.However, no Hypothecqation - Deed was executed.The Bank is insisting the company to arrange for registration of the charge?Can it be filed in the absence of the Hypothecation Deed?

rahul   24 August 2012 at 18:47

Register a firm

i know its repeated query but i m still not clear. and some more information has been added to this query.
dear all users & experts

look v have an educational consultancy bussiness.

we are going to take authorization of 5 universities to start admission for distance education.

so universities is asking registration of ur company or firm (any registeration }

what is the process of registartion of educational bussiness

we have partnership firm.... yes we have partneship deed, rent agreement, pan card

i m located in vadodara, gujarat

sir pls give ur contact number also so that v can discuss on phone also