Chandan Garg
24 February 2009 at 15:38
Pls Tell whether revalidation of Bank Guarantee is Valid on Bank's Letter head or
it has to be again on the Stamp Papers.
viswanaathan A K
21 February 2009 at 18:18
Pl give the report on consumer protecton Act, That is a loss of Fire. The Building and plant and machinery was about 10 years. There is loss of underinsurance. Pl gve the details.
A.K.Viswanaathan
Heaven 2011
21 February 2009 at 12:29
In a license agreement entered with the licensee there is a clause "it is hereby clarified and agreed that the present demise is for a term of 3 yrs during which period either party can terminate this agreement by giving 1 months notice.After the expiry of such license period, this agreement may be renewed at the option of the Licensor on the same terms and conditions for further two periods of three years each..."
Respected gentelmen, my query is if this agreement is renewed can i incorporate new clause containing new terms and conditions or can i amend or delete this existing clause? Can i have any theory back up for the concerned issue from Indian Contract Act?
Kindly advise.
With best regards,
Asish
Heaven 2011
21 February 2009 at 12:29
In a license agreement entered with the licensee there is a clause "it is hereby clarified and agreed that the present demise is for a term of 3 yrs during which period either party can terminate this agreement by giving 1 months notice.After the expiry of such license period, this agreement may be renewed at the option of the Licensor on the same terms and conditions for further two periods of three years each..."
Respected gentelmen, my query is if this agreement is renewed can i incorporate new clause containing new terms and conditions or can i amend or delete this existing clause? Can i have any theory back up for the concerned issue from Indian Contract Act?
Kindly advise.
With best regards,
Asish
Heaven 2011
21 February 2009 at 12:29
In a license agreement entered with the licensee there is a clause "it is hereby clarified and agreed that the present demise is for a term of 3 yrs during which period either party can terminate this agreement by giving 1 months notice.After the expiry of such license period, this agreement may be renewed at the option of the Licensor on the same terms and conditions for further two periods of three years each..."
Respected gentelmen, my query is if this agreement is renewed can i incorporate new clause containing new terms and conditions or can i amend or delete this existing clause? Can i have any theory back up for the concerned issue from Indian Contract Act?
Kindly advise.
With best regards,
Asish
Heaven 2011
21 February 2009 at 12:28
In a license agreement entered with the licensee there is a clause "it is hereby clarified and agreed that the present demise is for a term of 3 yrs during which period either party can terminate this agreement by giving 1 months notice.After the expiry of such license period, this agreement may be renewed at the option of the Licensor on the same terms and conditions for further two periods of three years each..."
Respected gentelmen, my query is if this agreement is renewed can i incorporate new clause containing new terms and conditions or can i amend or delete this existing clause? Can i have any theory back up for the concerned issue from Indian Contract Act?
Kindly advise.
With best regards,
Asish
Heaven 2011
21 February 2009 at 12:28
In a license agreement entered with the licensee there is a clause "it is hereby clarified and agreed that the present demise is for a term of 3 yrs during which period either party can terminate this agreement by giving 1 months notice.After the expiry of such license period, this agreement may be renewed at the option of the Licensor on the same terms and conditions for further two periods of three years each..."
Respected gentelmen, my query is if this agreement is renewed can i incorporate new clause containing new terms and conditions or can i amend or delete this existing clause? Can i have any theory back up for the concerned issue from Indian Contract Act?
Kindly advise.
With best regards,
Asish
raja_kumar
21 February 2009 at 10:49
I hold a Barclays credit card.
My credit card statement for the month of January reflected a balance of Rs.180.00 to be repaid on the due date of 22nd January 2009.
I had repaid the above amount on the due dates vide my cheque drawn on ICICI Bank. However, due to some problem in fund transfer between my linked accounts, the cheque got returned due to “Insufficient funds”.
The Barclays credit card alerted me via SMS about the Cheque return and as soon as the SMS was received on 27th January 2009, I had repaid the entire amount due to the credit card thro’ Visa Money Transfer.
Now the Barclays Credit Card had sent me card statement for month of February 2009, charging me a sum of Rs.1235.96 towards penalties. The statement contains no transactions but only penalties towards Cheque return Fee and Late payment Fee as below:
(i) Returned Cheque Fee Rs.500.00
Service Tax at 12.36% Rs.61.80
(ii) Late Payment Fee Rs.600.00
Service Tax at 12 % Rs.74.16
Total Rs.1235.96
I had contacted the customer care service of the Barclays credit card over phone and via e-mail requesting them to waive or withdraw at least the late payment fee since I was a prompt payer of my dues and had never defaulted before. The Barclays credit card had refused to help me and waive or withdraw any of the charges stating that they had levied the charges as per the rules.
I feel frustrated and helpless since I had to pay penalty in excess of seven times of my transacted amount. This is besides the cheque return fee charged by my bankers viz., icici bank.
Can anyone help me in this to proceed further?
What the RBI and the laws of the land can do in this issue?
Shall I pay the card the penalties demanded in part or full (under protest) or stop payment to the card and proceed with arbitration in a legal forum?
Please Help!
Thanks to everyone in Advance!!
Raja_kumar
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Partnership
Dear Friends,
I have started a Partnership firm with a marketing person and have a Partnership Deed. I have invested around 3 lakhs towards rent advances, furniture & fixtures, telephones, Laptop, Printers and computers in November 2007.
Business did well with no profit no loss for the first year.
I have not drawn any money from the said firm, but paid my partner a regular remuneration.
Last Feb 2008 i had to leave to Middle east on a assignment for three months.
My parner had taken advantage of this and made good money in my absence and started collecting money in his name and cash, and was signing all documents as Proprietor.
After coming back i have asked him for the accounts, which he didnt give till date.
What is the action i can take to take the business details as well as recover my investment, laptop,telphone, printer and computers which are in my name.
Balakrishna