Our company is seeking an investment of $1.9 Million from a Korean investor. As a collateral security we wish to mortgage office at MIDC Andheri East Mumbai (market value $1.4 Million). After 3-4 years the mortgage rights will be taken back as the company reaches its performance goals tne investor no more considers the investment as risky. Can this be done legally? What if the Korean investor sets-up a wholly owned Indian subsidiary and this subsidiary makes the investment and/or takes the mortgage rights?
Sincerely appreciate the help.
DEAR SIRS, I'M ITALIAN AND I'M A 20% SHARE HOLDER OF AN INDIAN COMPANY.
RIGHT NOW I WOULD LIKE TO SELL MY SHARES TO MY PARTNERS, AND THEY AGREED TO BUY THEM.
HOW WE SHOULD CALCULATE THE REAL VALUE OF MY SHARES ?
THANK YOU FOR YOUR PROMPT REPLY
PETER
I have passed LLB 2 yrs back n since then was working for a company, training to be an inhouse lawyer. I havent applied for my sanad yet but can i sign an agreement which I have drafted for a client when both the parties agree to the terms n conditions?
in a nse dispute arbitrator has ruled in favour but the othe partgh has appealed in the sessions court.
please tell me
1 what is the court fee
2 what is the usualoutcome of such appeals
3 what is required from me
DO FINANCE COMPANIES LIKE "BAJAJ FINANCE" COME UNDER "THE RIGHT TO INFORMATION ACT" ?
I have come across some contracts referring to 'data protection' in India. Which law governs the right of individuals pertaining to their data protection, esp whn the contracts are executed between two Indian entites.
Interesting piece in the Economic Times (India) about the branding of law firms, their perceptions, and activities. What you see is a fundamental misunderstanding around the role of branding in law firms.
Read the article http://bit.ly/bP9xXN and let us know what you think about some of the comments and quotes in the piece?
The banks are proceeding under these acts for old continuing loans sanctioned prior to introduction of the above acts.Can they do it and does this mean the Acts have retrospective effect?
Please provide with basic concept of conducting Agreement.
Whether nature of business can be changed under conducting Agreement?
Wherher the name of business can be changed under conducting Agreement?
FEMA
Can a Legal Practicner appears on behalf of its client before the Assistant Director in response to the notice issued under section 37?