Ajay
05 October 2010 at 21:53
i got a cheque from a party and cheque was bounce,we issue notice to him,he replied to notice also,but later on he change the stand that i m not partner of company and cheque is also not signed by me,it is his brother sign where as we have not made his brother as accused.
case is running since 1999,he offered me 50% money but i refused to accept.now they r protesting,they try to produce bank official for proving that signature is not his but in cross bank official got nervous and did not reply,
Anonymous
05 October 2010 at 12:33
Let us know that Arbitration clause is mandatory in the agreement.
if not, under which Act it has been stated.
baswanth mohan paruchuri
04 October 2010 at 19:56
what exactly "market intermediaries" means and what is the role they play in capital market transactions?
Anonymous
04 October 2010 at 17:00
Following are the situation:
1. Pvt Ltd company with 3 directors.
2. My father( MD - 50% share) and my mother(director - 20% share ) of that company.
3. Third director(30% share) was an outsider.
4. This company was running in my home premises and as a tenant ( premises was not in company's name)
5. The company has a cash credit loan of few lakh rupees having personal guarantee of the directors.
6. After my parents death, company(which was making huge loss) operation shut down totally.
7. Loan accout is in NPA state. Company assets( FD, machineries ) are liquidated.
8. No one from my family(including me) is part of this company and I am by profession in service of different pvt sector company as I didn't wanted to be involved in the business.
9. I am the only son/successor of my parent.
Now my Questions are as follows:
1. I have to move out of India for my service for atleast 20 years. Will there be any problem?
2. I want to sell out/ rent this entire property. So will be any problem?
3. How much is the liability of that existing 3rd director(He had 30% share)?
4. Before moving out of India, within next couple of months, Do I have to settle anything(I don't want to take any headache of this closed business as I am not part of this business)?
Please suggest...
Anonymous
04 October 2010 at 16:57
Following are the situation:
1. Pvt Ltd company with 3 directors.
2. My father( MD - 50% share) and my mother(director - 20% share ) of that company.
3. Third director(30% share) was an outsider.
4. This company was running in my home premises and as a tenant ( premises was not in company's name)
5. The company has a cash credit loan of few lakh rupees having personal guarantee of the directors.
6. After my parents death, company(which was making huge loss) operation shut down totally.
7. Loan accout is in NPA state. Company assets( FD, machineries ) are liquidated.
8. No one from my family(including me) is part of this company and I am by profession in service of different pvt sector company as I didn't wanted to be involved in the business.
9. I am the only son/successor of my parent.
Now my Questions are as follows:
1. I have to move out of India for my service for atleast 20 years. Will there be any problem?
2. I want to sell out/ rent this entire property. So will be any problem?
3. How much is the liability of that existing 3rd director(He had 30% share)?
4. Before moving out of India, within next couple of months, Do I have to settle anything(I don't want to take any headache of this closed business as I am not part of this business)?
Please suggest...
Basavaraj
04 October 2010 at 12:51
Dear Members
Request all members to share your expertise on my query.
1. What are the general difference between agreement and contract (except as mentioned in the Contract Act)?
RAJESH AGRAWAL
04 October 2010 at 00:53
Dear Sir,
I am franchisee of mumbai base apparel company .I am facing so many problem in this company regarding goods and payment..As per agreement company told me that he will give 61000/- per month as minimum expense and 6% commission on goods sale. but company has refuse to give me any expenses and commission and also refuse to return my 700000/- rs security deposit .same case with all another 150 franchisee of this company.i have written agreement with company.So please suggest and advice me fight against company.
thanks
rajesh agrawal
ambikapur
chhattisgarh
mob-9893141941
Anonymous
03 October 2010 at 23:37
I am the scohlar of acharya nagarjuna university in guntur town of andhra pradesh Iam doing my research work in the field at securities law on the subject is
"INSIDER TRADING" can you help for getting material inthis subject.
baswanth mohan paruchuri
03 October 2010 at 22:00
what is the importance of contract in commercial transactions?how many types of contracts are there?
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Arbitration
Dear Experts, in a petition filed before the court, to set aside an arbitration award U/s.34 of the Arbitration and conciliation Act, whether the arbitrator should be added as a party?