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KamalNayanSaxena   03 June 2009 at 11:33

Bank Guarantee if can e invoked after its validity

Dear all learned members,

Under what circumstances a bank guarantee can be invoked by beneficiary after it's validity?

vikas   03 June 2009 at 10:43

stamp duty

Thanks to all of u for giving me answer,
but sorry to tell all of u that i had not get answer to my question.
once again i am putting my question infront of u expert.
- i have taken house loan for rs. 10 lakhs.
now banks say that do equitable mortgage & make the banks bhouja on 7/12 extract.
i am residing in jalgaon (Maharashtra).
when i went to talathi office, the responsible authority said me to pay stamp duty of rs. 5000/-.
but sir, as per bombay stamp duty act, i had already paid rs.1000 (i.e. 0.1% of loan amount as per Stamp duty act.)
Now according to my view, i am not required to pay any amount to said authority.
Please say me whether my view is wrong or right, & if i am wrong at any point then please suggest me what i should do?

Jitendra   01 June 2009 at 17:28

NBFC

What are the periodical compliances to be done by Loan Company and Investment company - viz. monthly, quarterly, half yearly, yearly etc.

Jitendra   01 June 2009 at 16:39

nbfc

compliance by nbfc

sahana   31 May 2009 at 23:04

Anti dumping agreement

hello all...can u pls explain me in detail regarding the concept of anti dumping agreement and its constructive remedies

suresh   30 May 2009 at 13:57

how put case for cheque bounce

Hi.. Dear Experts Please give me guidlines for the problem stated.. The story is... me and my friend are buissnes partners we both running a bussisnes one fine day my partner to qiut the buissness ok then i told shre the porfit and loss and calaculate and gave cheque to me i dropped in to my account its bounce what shall i do Please suggest me...how to proceed further.

sreenu   30 May 2009 at 12:25

deemed public company

a private company incorporated in India, which is a subsidiary of a
foreign public company, can we call as deemed public company in india

Purushotham   29 May 2009 at 17:12

Incorporation of two or more companies with same address?

Hi Friends,
Is it any problm if we incorporate two or more companies with same address? If it is a problem which section is explaing for this pls hlep me out....

kalpesh   27 May 2009 at 17:01

case law

Can anyone give me this case law

B.M.Malani vs CIt ITR 306.

alsi circular 530 dated 06.03.1989 read with circular 589 dated 16.01.1991.

it is in relation with interest waiver under section 220 of income tax act.

can anyone explain in a simpl way what this section and case conveys


M S Sainani   27 May 2009 at 08:23

Reovery from carrier (Transporter) under Subrogation in Insu

The case I wish to talk about is a Transport Co booked certain material issuing a GR hiring a Third party Truck getting the Truck hired through a broker, an accepted practice in the Market.

The Truck Driver did not deliver the material & manipulated, sold the Cargo in market, the whereabouts are not traceable and Police as against FIR lodged issued an FR closing the case.

the goods being Insured Carrier issued a non delivery certificate to consignee, an Insurance claim was settled in favour of Insured, claim paid & Insurers are pursuing recovery from carrier under the recovery rights through subrogation & power of attorney.

What is the position for Carrier to defend his case in light of fact that they were also duped by the Truck owner / driver for the goods undelivered, they are also a victim of the fraudulent act. The carrier is having a good reputation & long standing , over 30 Yrs relationship with the Insured & carrier is not indicted & involved in non delivery. Are there chances of defending Transporter's case for no recovery, any case laws / references from Honorable Supreme Court on this ?

How to proceed in this case to defend the transporter who themselves is a victim of this fraud.

M S Sainani