Decode Ballistic Reports Like a Pro. Register Now!
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Vikas   17 May 2011 at 16:35

RE: LOANS/CREDIT CARD

Hi,

I would like to settle the Credit Card / Loan outstanding of the banks in India.

Now,I would like to know that apart from NO DUES CERTIFICATE (NDC), is there any other document, which I should demand from the bank so that I will not face any problem from the bank in the near future.

Will the bank still hiring the services of Recovery Agents or it has been stopped by the RBI?

Please advise.

Thks,

Anonymous   17 May 2011 at 15:51

insurence

can a financer (under which the vehcile was hypothecated) claim damages from the insurence company if yes under what circumcstances ?

K.K.Ganguly   17 May 2011 at 15:36

What reason should be shown for condonation plea for dealy in filing Money suit?

Would the learned Experts kindly guide me.
Our Law firm was given the job of filing Money Suit in a District Court of West Bengal by a Bank. The accused had taken house building loan but stopped paying EMI. The last date of filing was 01.03.2011. The Advocate forgot the last date & now wants to prefer condonation plea for dealy. What reason should he show for the delay of around 3 monhs? He wants to forward application for condonation wth medical certificate showing he was suffering from Jaundice for 3 months. Will it be alright? Will it be accepted by the Court? What better reason can be shown?We do not want the Bank to know about the delay.
Kind suggesstions are requested.

Anonymous   17 May 2011 at 12:50

res judicata

Sir,
In a suit to set aside a court auction sale by an agreement holder the High Court held,
1. The agreement holder has rights to file application to set aside the sale.
2. The sale agreement entered into when the suit to enforce a mortgage will not be hit by lis pendence
3. The deposit made to set aside the court sale within 60 days is correct.
On appeal leave was granted by the supreme court only on the issue of the time limit to deposit...
Will the issues framed in point no 1 & 2 become res judicata?

Anonymous   16 May 2011 at 21:41

Limitation for appeal in a suit for recovery

R/Members
A recovery suit has been decided by court against me, i was defendant in that suit,now civil judge has decreed the suit of plaintiff, i want to file appeal against this order before District Judge,kindly tell me limitation for the same.Thanks

Anonymous   16 May 2011 at 18:15

Money Lender

Dear Sir,
I am a Registered Money Lender in Maha State Regd under Bombay Money Lenders Act.
I lend the Money on the basis of security Gold i.e Gold Loan.
My Qst is
Many Customers come & take the Gold Loan which I personally dont know them. what if the gold given as security is of robery.
What Precaution Should I take ? I usally take their ID Proof & Address Proof. If the gold is of robery can police seal the gold given to me.
What are the Security Measures in such case in order to secure my money? Please provide the detail guidence

Anonymous   16 May 2011 at 14:22

claim petition

i wanted help..please help me
one accident took place and in that accident two vehicles were involved one is Motorcycle duly insured and one Honda City Car also insured, now the problem in that the person who was riding the motorcycle is died and offence is registered against him by the Police, and since the offence is registered against him he cannot claim compensation by filing claim petition, since offence is registered against him by showing he was rash and negligent, can claim petition in this case be filed only under section 163A of Motor Vehicle Act?
if yes then please brief me as regards to that.

Anonymous   16 May 2011 at 14:13

change of name of company Sec-21

sir/mam
My company is in construction business and recently change its name in accordance with sec-21 of company Act 1956 and added some directors. Wehther the resolution pass by company, before its change of name, authorising a director as authorised signatory for a re-development project of a society needs to be pass again by a renamed company or the old resolution is sufficent to continue the authority given to a director. The said director is still on the record.

Yours

Joshi

Anonymous   16 May 2011 at 14:09

Builder hand in glove with CHS.

I have purchased unsold premises in a Building having registered CHS, directly from the Builder, which is sold to me as flat, having residential electrical connection, a residential municipal tax reciepts, and also displayed by the CHS as flat in the notice board as wel as in the monthly mantainance bills issued show it as flat. The CHS also accepted application for membership but did not respond for over a year and did not enlist me as member. After one year, when I complained to the Dy.registrar, they informed that the said premises are not enlisted in the proposal while registration of the CHS.The present Secretary of the CHS is the Chief Promoter. The CHS also informed that the premise has no amenenities like toilet bathroom etc and hence not considered. I feel cheated by both, the Builder & CHS also. What is my remedy in the opinion of expert team. Pleas enlighten and oblige.

Anonymous   16 May 2011 at 07:02

ap court fee and suit valuation act

Hi,
I am an NRI and was cheated by an old friend in India. He purchased properties on his and his family name with my funds. I am planning to file property transfer suit, since these transactions are benami. The registered (document) value of the properties is around Rs. 80 lakhs (at the time of registration. But the government increased the market value two to three times after the registration.
Which of these two values we should take into account to calculate court fee and suit valuation?
Thanks in advance!!!