sneha
18 January 2010 at 17:27
Can anybody tell me, what is the difference between Indemnity and penalty
Sir,
Can I be guided for a petition to be filed in CLB for not honoring a commitment approved by BOD in a meeting by erstwhile GLOBAL TRUST BANK (during its legal existence) later merged with Oriental Bank of Commerce. The proposal was approved by the GTB board and recorded in its minutes book The same was communicated to my clients. OBC now is reluctant to honor the approval which was approved by GTB during its lawful and legal existence.
I want a direction from CLB directing OBC to honor the BOD approval which was done during legal existence of GTB.
Under what sections and provisions the petition is to be filed before the CLB and what are the other prerequisites in this case?
What shall I do to get a single point order for OBC to comply.
Regards,
L R Sharma
jayesh ahire
16 January 2010 at 18:17
If a person leases his commercial property to any private company which wants to make it its registered office.In that case what will be the lessors be liability if there any problem (like any scam/litigations)in the private company
ashish
16 January 2010 at 10:32
dear all thanx to all of for your taking part in this knowlegable discussion.
I would like to know that if a director working with a company as an executive director that means he is working as an employee of the company and if he is working as an employee of the company and also a director is it means that he is WTD and we have to comply all the requirements of section 198, 268, 269, 309 and schedule XIII wheather the paid up capital of company is less than 5 crores?
please suggest.
Member (Account Deleted)
15 January 2010 at 19:00
i would like to start my own educational consultancy in the premises of mangalore ,karntaka ,so please tell me the procedure to to get it start and registration procedure..thanking you...yours faith fully
shinu k omkar
ashish
15 January 2010 at 17:53
please clarify the difference between executive director & whole time director.if any
Anonymous
15 January 2010 at 11:32
Dear Experts
My query pertains to a clause in the Distributorship Agreement which reads as follows:
The Company shall not enter into agreement with Sub - Distributor/s on an independant basis during or after termination/ expiration of this Agreement with Distributor.
Please note :
1. Sub- distributors are independant dealers to whom the Distributor sells products purchased from Company.
2. The relation between Company and Distributor is on Principal to Principal basis.
I request answer to my following query:
1. Legallity of such clause in the distributorship Agreement vis a vis Contract Act.
Regards
Prashant Kothari
15 January 2010 at 09:07
Dear Sir,
working as Job Consultant having good banking track record but unfortunately when i started business in 2004 taken one loan from SBBJ bank or due to financial crisis was not able to repay 50,000/- Rs but as my business grows recently before 1 Yr cleared all amount in my loan,But this bank manager is not giving me no dues certificate or NOC.
Please give me suggestion that how i can take action against this bank manager or how i can get my NOC letter.
RGDS
Prshant Kothari
ABU FATEH
13 January 2010 at 07:14
Hi
I have some shares pledged against as security in my bank.The bank had earlier cancelled the lien mark.What the bank has is old share certificates.Those share certificates are no more valid. And I have the new share certificates.In this context is it legally correct/possible to sell my shares without the banks consent?
Agreement
Is is necessary to register Leave & Licence Agreement in Maharashtra?Is rules very from state to state.