Anonymous
07 April 2011 at 15:11
I am surprised to find that most educational institutions in Mumbai are asking for the submission of original certificates by their prospective teachers, which, according to them, will be kept for scrutiny with the management for a period of 10 months to 1 year. I would like to know if there is any law which gives the employees the right to refuse to submit their original documents.
Anonymous
07 April 2011 at 12:16
Whether a Bank can levy foreclosure charges in respect of a CC account?
Battula Manikumari Apparao
07 April 2011 at 10:19
Respected All,
My company is facing problem with payments due of client. Clients are taking the goods and not paying the bills, is there any effective way other than filling a civil suit for recovery of money under CPC? Because civil cases takes along time and company wants money earlier and it is not possible to go all the time for recovery cases, i suggested my marketing dept.to work on PDC in further cases. There are many client of company who are liable to pay the amount Rs.20,000/- to 50,000/- in various state.please suggest effective way to deal with debtors. Any other laws which are governing for such type of recovery?
Anonymous
06 April 2011 at 16:10
Mine is a proprietorship firm. I have supplied chemicals to a pvt. ltd. firm during the year 2004-05 and 05-06. As the said company defaulted in payment, I stopped supplying chemicals from April 2006. The outstanding at that time was around Rs 7.5lakhs. The company paid back around Rs 2.5lakhs in bits and parts thereafter till november2009 and then stopped paying completely.
I have sent them a notice through an advocate but they replied back denying the allegation. I now intend to go to court but I have lost most of the supply challans which is the proof of delivery. The only proof would be their balance sheet. I am sure my outstanding must be reflecting in their balance sheet. Please let me know whether i should file the case against them. Thanks
Anonymous
06 April 2011 at 15:32
Dear Sirs,
I had entered into an agreement for the purchase of a piece of land with another person and paid him an advance of Rs.ten lakhs. But when he did not get the plot registered in my name in spite of me being ready to pay the balance, I sent him a notice for performance of his part of the contract. Now, if instead of filing a specific performance suit, i file a money recovery suit, do i need to send a fresh notice. Please let me know.
Thanks.
Manoj kumar sahu
06 April 2011 at 12:34
Hi, friends my qus. is regarding SARFASI act,2002.
If a borrower has taken the loan from the bank of 25 lacks by mortgaging his flat and if he is unable to repay the amt. of EMI for 90 days and 60 days period of notice. in case the value of the mortgaged property comes down due to some reason say recession. and the bank is unable to recover the whole amt. of loan and the borrower became isolvent then wht r the remedies bank has in that situation to recover the amt. of loan.
Is there any remedy provided under the SARFASI Act???
Govindarajan
06 April 2011 at 11:07
ours is a unlisted public limited company with about 100 share holders are not related to each other . But now some shreholders are trying to purchase shares from the other small holders for consolidation . As the management do not know their intention ,want to refuse the share transfer application . Can we do so ? or what is the remeady available to the management against such transfer ?
Nitin jain
06 April 2011 at 11:06
Hello sir/mam,this is the situation that a person is Missing from 2 years and his family is paying the LIC premium from 2 years and they have paid the last installment for that policy...Basically i want to know that how his family can claim for maturity amount.??????..bec they are confused that they dnt have death certificate of that person.....whether nominee can claim and how..?????.....if anyone know the solution for this .... pls tell me...pls....i will be very greatful to you.........you can reply me on my mail-id----anshlove.jain@gmail.com.............
amit87.gupta@gmail.com
05 April 2011 at 17:41
hello friends i am a qualified Company Secretary so i can try to solve the problem regarding company related laws.
Regards
Amit Gupta
7503337939
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Registration Act 1908
The LA Act 1894 says in sec51:
"51. Exemption from stamp duty and fees. - No award or agreement made under this Act shall be chargeable with stamp duty, and no person claiming under any such award or agreement shall be liable to pay any fee for a copy of the same."
It only says that any award or agreement made under this Act is exempt from stamp Duty and Fees. It does not say that such award or agreement is exempt from registration or in otherwords not registrable.
Therefore the question arises as to which of the many non-testamentary instruments generated in the LA process by the LAO or the govt or court are registrable?