Guest
07 November 2008 at 12:32
I have to change the Audited Accounts for one my clients' company. The Audited Accoutns relate to AY 2006-2007 and 2007-2008. Kindly mention the formalities to comply with, especially from Company Law perspective. Tq. in Adv.
Guest
05 November 2008 at 11:52
One of my clients’ Company incorporated in Jan 08 is to b closed down. It’s a Pvt. Need to apply us 560. Can anyone provide a format of application and other docz? Plz. Tq.
srinivas
04 November 2008 at 15:35
situation:
Mr.A defaults repayment of housing loan taken for purchase of a site and construction. The nationalised bank calls for an auction in its premises and sells the site to Mr.X in the auction. Mr.X has paid full consideration for the site but the bank has not yet registered the site in the name of Mr.X even after 22 months from the date of auction. When Mr.X verified the property documents which were with the bank which the bank did not give before the auction the bank did not have all the documents required for registration of the property in his X name. so Mr. X insisted the bank to induct the indemnity clause into the certificate of sale and to provide all the necessary documents required for registration but the bank is just deny Mr.x that they cannot give any documents nor they will induct the indemnity clause. When Mr.X verified a copy of the sale deed of Mr.A which Mr.X received from the bank , Mr.X came to know that the bank officials have released the loan to Mr.A even for construction when there is no construction at all and they are fearing that if they induct any indemnity clause they may be in trouble for any future problems that may araise in the future.
What measures can Mr.X take to get the site registered in his name?
Several requests to various officials of the bank have failed to get any response from the bank.(at the regional levels & h.o.level)
Guest
04 November 2008 at 10:25
Plz advise:
Company A is amalgamating with Company B. A is in Gujarat whereas B in Chennai. A does not have any property in Gujarat. What would b stamp duty implications in this amalgamation? Tq.
V V SATYANARAYANA
01 November 2008 at 17:54
Sirs,
In the the year 2002 in June & August we have procured 3 cranes at a cost of Rs. 1 crore each from a reputed cranes manufacturing in India.
In August 2004 we have purchased one more crane from them. Right from the delivery of the equipment at the site, these machines have not been performing and persistently giving troube and we could not get desired production from these 4 equipments. Though the Seller was attending but never the problems were sorted out. If a defect is rectified again another defect would crop up like that.For rectifying these defects also we have spent lakhs of rupees on each of these 4 cranes. Made full payments to the Party except in one case where we have deducted very little towards non-performance (there is no legal dispute for this deducted amount).
Finally the Seller stopped manufacturer stopped the manufacture of these cranes from 2006 or 2007 that means there might be some design fault or so. We have made several correspondences by way of lodging complaints highlighting the problems right through.
Can we at this stage can write to them to compensate for the losses we have suffered or can we approach the Consumer Forum for the deficiency in service.
Is there any remedy available to us and whether we have lost the opportunity under Limitation Act.
Kindly give your opinion as to what best we can do for redressal.
Thanking you,
V.V.Satyanarayana
A K SARAVANAN
01 November 2008 at 12:19
I WOULD LIKE TO ENTER A PARTNERSHIP FIRM. THERE IS NO CAPITAL IN FIRM.
WHAT AMOUNT I BOUGHT STAMP PAPER AGREEMENT. (RS. 100 OR RS.300)
SARAVANAN AK
A K SARAVANAN
01 November 2008 at 12:19
I WOULD LIKE TO ENTER A PARTNERSHIP FIRM. THERE IS NO CAPITAL IN FIRM.
WHAT AMOUNT I BOUGHT STAMP PAPER AGREEMENT.
SARAVANAN AK
vishwas shenoy
31 October 2008 at 17:14
Hi,
I would like to know in detail about this SARFAESI act. i'm confused whether this act is about converting the Loan into securities to sell them off for the purpose of realising the amount now or is it about selling the securities in the loan which are classified as NPA.
Suresh Venkatraman
28 October 2008 at 10:20
In an agreement to construct a flat, the builder has inserted a clause which has the following phrases
1. in the event of disagreement or dispute between the builder and the client, the issue will be referred for arbitration
2. that the client has no objection to such arbitrators being nominated by the builder unilaterally without seeking consent of the client
3. Such arbitrators may even be employees of the builder's firm.
Of three, the third seems patently against the laws of natural justice: 'no man shall be a judge in his own case'. However is there any thing in the arbitration act or in case law that explicitly forbids this.
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