Anonymous
02 November 2011 at 20:07
I will be thankfull if anybody could send me the format/proforma for symbolic possession (movable property like car).
And if anybody could elaborate the term it would be more helpfull for me.
Raj Kumar Chadha
02 November 2011 at 19:24
A loan from a bank disbursed only half of the requirement of the project report which was got prepared by bank itself.The amount mostly was tranfered to clear the interest accrued during the construction period. The project never started. Properties worth hundred times more value than the project are mortgaged with bank as security.Rs 24.77 lakhs was required for the project as per the project report as banks share. They reduced it to Rs 19.20 lakhs and inactuality disbursed only Rs 13.00 lakhs. Went to the court for Rs.56.00lakhs for recovery.their books shows Rs. 13.00 lakhs only.We have offered them to pay Rs13 lakhs but since our properties worth Several crores are mortgaged with them they do not agree.They have inflated the NPA amount also. When asked how Rs 13 lakhs becomes Rs 56 lakhs in just 2.5 years the reply is 19.5 % interest plus 19.5%penal interest plus other charges etc. Originally interest rate was applied at 12.5%. we are a very senior couple and can not have the energy to go on fighting with bank, please advise us how to get our properties released from the bank.The ammount which we invested in this project as our share has gone waste.R.K.CHADHA PARI MAHAL KUNJWANI NH1 JAMMU J&K. MOB 09419198364
Sathya Narayana
02 November 2011 at 13:17
WHAT IS THE POSITION OF A PARTNERSHIP AGREEMENT (REGD.BEFORE THE REGISTRR OF SOCIETIES) WHEN ONE PARTNER FAILS TO CONTRIBUTE HIS CAPITAL TO THE PARTNERHSIP FIRM, OUT OF 2 PARTNERS. WHETHER THE PARTNERSHIP SURVIVES EVEN AFTER THE FAILURE OF THE SAID PARTNER FAILING TO PAY UP HIS CONTRIBUTION EVEN AFTER 2 YEARS AFTER THE AGREEMENT WAS ENTERED INTO? IN SUCH A CONTEXT WHETHER THE DEFAULTING PARTNER IS ALSO LIABLE TO REPAY THE BANK DEBTS RAISED BY THE PARTNERSHIP FIRM ?
Manish Kumar Gupta
02 November 2011 at 11:47
Dear All,
We are in the business of providing transportation, and one of our insurance company rejected/denied to settle the claims for our commecial vehicles. There are 13-14 claims pending, and they denied to settled the claims due to various but invalid reasons. We are not in the business with that insurance company now.
It is requested to suggest the legal rememdy available to our company, to get settle our claims from them.
Regards,
Manish
Jameer
01 November 2011 at 19:21
Hello sir i am a employee in postal department.i want to know can i legally transfer my job to my brother provided that he is eligible to do that job.
Please answer
thank you
Anonymous
01 November 2011 at 17:58
sir,
In which stage a guarantor withdraw his guarantee from any loan(financial) matter.and also refer the citation of high court and supreme court.
shyailu
01 November 2011 at 17:12
sir,
we are 2 partners in one food organisation .i invested 6lak and he invested 20lak but total active part taken by me only he took superstockist also for this prodct.now he given complaint tht 30lak fraud has been done by me which is lie.we have perfect accounts which is audited.we have taken loan for 10lak apart from his investment and having 10lak debt for raw material.
now he want us to leave company and he went to ci police by giving complaint tht i made fraud of 30 lak.we submited ac to police but not getting justice.he given fraud accounts to us by telling tht he had taken 10rs interest frm outside and tht should be paidby me(company)which i was rejected.banker giving support but in police station ci is not giving support what should i do.i want my factory and i was ready to settle his amount in 1 year.can i give notice to him.plz help
Anonymous
29 October 2011 at 12:16
Can a Company engaged in Manufacturing Process give its Land on Rental Basis to someone
Anonymous
29 October 2011 at 09:54
If there is Non Disclosure Agreement signed by the parties and one party breach the terms of said agreement, then what will be the remedy available to other party. And what is the liability of party who has breached the agreement. How can the agreement be enforced?
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Banking rules on fd / td 'preclosre charges'?
Sub: Fixed / Term Deposit- Premature closure and en-cashing
Read more: http://taxguru.in/finance/prepayment-penalty-preclosure-housing-loans-housing-finance-companies.html#ixzz1cbFWEMSo
FOR POINTS ON WHICH THE INVESTING PUBLIC NEED PROPER GUIDANCE, REFER THE BLOGS@
http://vswaminathan-vswaminathan-swamilook.blogspot.com/2011/10/tg-no-pre-payment-penalty-on-pre.html
http://vswaminathan-vswaminathan-swamilook.blogspot.com/2011/10/post-on-30th-oct-in-continuation.html