My father is running a unit in textile industry.We have taken a Personal Loan worth Rs.10 lacs from different banks Now due to not having our repayment capacity the banks have issued the notice of Section 138 of Negotiable Instrument Act.Now my query is that as the personal loan does not cover any security so what can be the future consequences ? whether they can attach the property ?
In 1993 My father filed a suit against his nephews(Two brothers) for declaration that the ancestral suit properties belong to him and for other reliefs.In the above said suit, the defendants(My father's nephews) filed a memo submitting to decree and based on that the suit has been decreed favouring my father.
In 1998 my father died.
In 2002 My father's nephews(P1 &P2) filed a partition suit over the same properties against us (D1,D2 &D3) (my mother,My brother & me)on the ground that my father got the decree by playing fraud and they also have got the equal rights over the suit properties.
In 2003 one of My father's nephew (P1) died and his legal heirs were impleaded (wife & his three daughters)as Defendants (D4,D5 ,D6&D7).
During pendency of the suit, we have entered into a compromise and the same has been reduced into writing . We submitted the Memorandum of compromise in LOK ADALAT on 11.12.2009 and based on the compromise between us, the suit is about to be decreed. In the above said suit, major sons (2 sons & now both are major) of the 2nd (P2)plaintiff were not impleaded as parties.
Both of his sons were minors by the time my father filed the previous suitIn 1998.
One of his son was major by the time P2 filed the suit in 2002.
Now bothe are major.
Legal advice needed on
1. the litigation possibilities from (His major sons as they were not impleaded as parties}them in the future.
2. If there is any possibility of litigation, whether it could be rectified?
3.If so, how?
4.A registered consent deed from them will do?
In 1993 My father filed a suit against his nephews(Two brothers) for declaration that the ancestral suit properties belong to him and for other reliefs.In the above said suit, the defendants(My father's nephews) filed a memo submitting to decree and based on that the suit has been decreed favouring my father.
In 1998 my father died.
In 2002 My father's nephews(P1 &P2) filed a partition suit over the same properties against us (D1,D2 &D3) (my mother,My brother & me)on the ground that my father got the decree by playing fraud and they also have got the equal rights over the suit properties.
In 2003 one of My father's nephew (P1) died and his legal heirs were impleaded (wife & his three daughters)as Defendants (D4,D5 ,D6&D7).
During pendency of the suit, we have entered into a compromise and the same has been reduced into writing . We submitted the Memorandum of compromise in LOK ADALAT on 11.12.2009 and based on the compromise between us, the suit is about to be decreed. In the above said suit, major sons (2 sons & now both are major) of the 2nd (P2)plaintiff were not impleaded as parties.
Both of his sons were minors by the time my father filed the previous suitIn 1998.
One of his son was major by the time P2 filed the suit in 2002.
Now bothe are major.
Legal advice needed on the litigation possibilities from (His major sons as they were not impleaded as parties}them in the future. If there is any possibility of litigation, whether it could be rectified? If so, how?
A person was invited to a wedding party but he couldnt turn up. the party giver threw a big party inurring huge cost thinking that the person invited will be coming . Now can the party giver Sue the person who did not turn up????
Whether a document executed on a white paper is maintainbale, in case of challenge before the courts. Or it can be impounded.
Sirs
I am an Advocate. I want to know about the court fee for Rs.1,00,00,000/- for a Hindu Undivided Family. Dispute between three brothers reguarding property.
Thanking you sir.
Mahalakshmi. Oleti
Advocate
AP/1635/2009
Whether executing court can go behind the decree? If so, in which cases?
Hi,
What is the difference between Affidavit and Verifying affidavit? Which one should accompany which documents.
Also what is verification? Where does this come. For examples in a divorce petition, at the end I came across 'Verification'. What is this. Is it the same as affidavvit.
Can you pls clearly explain the difference and which one to use and when
Car Parking
I have short listed a property to be purchased in pune for investment purpose. the premises is still under construction. The builder wants to charge me 2 lac. Rs as stilt car parking and says it is justified as he is developing the property below the building. On this amount the agreement value goes up and so the stamp duty and the registration fees. Am I obliged to buy the car park compulsorily? Also even If i purchase it do I ask the builder to mention it in the agreement document? what if he does not mention it on the agreement? I have seen the article posted but to be very frank not aware of the legal terms used throughout and hence cannot comprehend it.
Please help me at this point of time for 2 lac rs is a lot of money for me.