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raghavendra   23 October 2010 at 14:14

regarding bussiness

sir,
i am from kumta taluk uttarkannda district , i want to start my own bussiness in steel furniture manufacaturing industry ,i want loan upto 10lakhs. as per my knowledge government also provide some subsidy amount , plese give me a inforamation , for getting loan and finacial institution where i have to approach ,

Anonymous   23 October 2010 at 13:51

Society and Trust Registration

hello,

i would like to know the procedure to register society and trust registration in delhi for a press.


plez help

Anonymous   22 October 2010 at 21:13

Dishonor Cheque

A trust doesn't have sufficient funds and dishonors a cheque. Later trustees prove that trust is bankrupt, are trustee personally liable under negotiable instruments act?

Gaurav Agarwal   22 October 2010 at 21:07

Letter of Credit

Is letter of credit used in service industry?
If yes, how?

amit upadhyay   22 October 2010 at 15:34

contract

if there is no mention of a fixed time period in the agreement then in what way it will be interpreted?

Rajeev   20 October 2010 at 16:43

Minimum No. of Directors in a Public Limited Co.

Greetings Members,

As per the provisions of the Section 252 of the Companies Act, 1956, a Public Limited Company needs to appoint at least 3 Directors in the Company. This minimum limit shall be maintained for ever till the time period the Company is not either wound up or become defunct.

My query is that, if suppose for a period of say 1 year this statutory minimum requirement of 3 Directors goes below 3 & not complied with, which means for a period of 1 year, if Company operates and transact all regular businesses with 2 Director, then what will be the repercussion. What penal provisions will be imposed on the Company as per the provisions of Companies Act, 1956.

Waiting for your quick response.

Thanks & Best Regards

Rajeev

Anonymous   19 October 2010 at 17:15

If Insurance Company have power reject claim due after intimation 144 Days

Respected Sir,

I Insurance my Two Wheeler from Reliance General Insurance. I want claim my vehicle damages.

Insurance Period From 03-06-09 to 02-06-10

In between caused accident on 06-12-09 and
Compliant to Police and First information Report dated 06-12-09 under section 297 & 337.

Date of Intimation to Insurance Company 29-04-10

After many time I send reminder to insurance Company.

Finally that insurance company refused the claim that

Reason for Closure -- Delay in intimation - 144 days

Now insurance company not to help me.


Please help and advise me what can I do.


With Regard’s

Anonymous   18 October 2010 at 20:43

RTI

Dear sir/madam,
can RTI be applied against
private banks?

Anonymous   18 October 2010 at 18:17

BOUNCING OF CHEQUE

Dear Friends

Our firm is based in Agra, we had a business dealing with a firm based in Delhi. All the transactions were done in Agra i.e. supply of goods, receipt of payment by cheque. But, as our Bank is CBS, the cheque was deposited in party’s bank in New Delhi. The cheque was dishonoured and we filed a suite under section 138 & 420. In the last hearing at the time of arguments, the judge told us that the suite falls under Delhi’s jurisdiction, as the offence was committed in Delhi and he mentioned about a ruling of Supreme Court.

Will appreciate, if some learned friend guides me, whether the suite is maintainable at Agra or not. Secondly, suppose it gets rejected at Agra, are we eligible to file a fresh suit in Delhi, as the suite is 4 years old, will we get the benefit of limitation or not,.( We mean that will the period of litigation in Agra court will be counted or not.

Will be grateful, if some noble soul provides us any ruling of any High Court or Supreme Court,in this regard.

Thanking you & with Best Regards .




Anonymous   18 October 2010 at 17:44

Banking

Hello. Is a public sector bank also a public sector company. If so, under which provisions of the companies Act. Please note that public sector bank is governed under the Banking regulations act.

Kindly revert at the earliest.

Thank you in advance to all.