Punit Gupta
11 November 2010 at 22:10
if A is to pay Rs. 100000 to B and C jointly. Before the Date of payment, B is dead. Now can C alone demand the payment in full??
And if not so, how much is the liablity of A towards C now...??
Anonymous
11 November 2010 at 18:08
We are planning to set up a self financing unit for the benefit of our alumni similar to SHG concept.
can we collect monthly thrift like deposit from our members
can we lend the pooled up money for their own benefit
are there any restrictions for such activity
it is not a micro finance unit
the activity is not meant for profit but for the welfare of the members
whether the activity attracts any permissions, if so to whom we have to approach
Ajit
11 November 2010 at 10:49
Is a Company Secretary in practice can appear before official Liquidator under sarfaesi act or only lawyers are allowed to appear before official liduidator under sarfaesi Act?
Anonymous
10 November 2010 at 12:59
Hi,
I was working for a MNC company and resigned a week ago. I was asked to sign a service agreement at the time of joining. The HR said it was only for 12 months. I just signed the agreement but did not fill the document fully because i was not aware how to fill it.
But after i resigned the company I came to know that the agreement was for 24 months and the HR has filled it instead of me.
Now I'm asked to pay the amount mentioned in the agreement to get my papers. How can i legally proceed to solve this?
Anonymous
10 November 2010 at 12:37
Dear Experts,
Company X has awarded certain contract to M/S Y for one year after tendering process. M/S Y have deposited the EMD for the tender. In the contract there is no termination clause. The contract has been awarded to M/S Y 6 months back. The contract is not executed. Now X wants to terminate the contract, can he do so?
Regards,
Gargi Ranade
09 November 2010 at 14:28
Govt. has issued tender for supply of products. these products can be made by using certain machinery. at present there are various indegeneous as well as foreign Com.producing machines required for these tendered products , however Govt. has mentioned two foreign machine made products specifically and thereby restrict the number of tender offers.
Now can similar machine manufacturers challenge Government tender requirement on the grounds of provision of Competition Act or as restrictive trade practices followed by Government.
Please reply.
harpreet singh
09 November 2010 at 10:36
Hi Everyone,
I am entering into a partnership deed with my cousin brother (the only partner).
I want to add a clause in the deed which states that if any family member of the partners enters into the same line of business through their own floated company.Firstly they need a consent from both the partners before starting the same business. Secondly, they cannot do business with the clients of the existing partnership(current clients and past).
Please help me out in legal documentation of this clause, so that my interests in the partnership are fully protected. Also I want the maximum legal powers,if the above is not followed. I want to play safe since my cousin has a real elder brother and he (cousin) may help his elder brother about the confidential information about the existing clients due to which I can suffer losses in the future.
Regards
Harpreet Singh
Mob: 9891041492
Anonymous
08 November 2010 at 10:58
BIFR has power to pronounced interim order?
Anonymous
07 November 2010 at 13:49
Respected R Ramachandran sir,
The credit card never issued to me so it is
bogus.bank failed to produce the date of issue of the card as per bank's record
evidence act.the credit card- head could not
produce copy of the retail transaction as
mention by her.salary account with 0 balance
fecility-four months no money transaction by
me or the company.then how comes overdrawn
amount of rs.five& paisa twenty eight only?
if there is some dispute that is from bank
side not mine.till am I on weaker point as
suggested by you Ramachandran sir.regards.
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Partnership
A Deed of Partnership states that interest shall be paid on amounts brought in by Partners by way of Capital,Loan,Advance or Deposit.But no interest shall be paid to Parners in the event of a Loss to the Partnership Firm.
Does it cover Partners Capital Only or is applicable to Loans,Advances and Deposits given by Partners?
Can the Deed be amended to enable payment of Interest in the event of a Loss without contravening any provision of any law?