satish
11 November 2010 at 15:23
I have a personal loan running with an mnc bank. i made
payments of emi for the first 18 months without fail but
after that i failed due to loss of job and financial
crisis.the loan is 4 yrs old, emi is stopped from last
2.5 yrs.Since this loan is not a secured one
1)My query is that is the bank people can take a
attachment through court of my joint property ( jointly
owned myself and my mother)
2) What is time limit for claiming recovery and for legal
procedings for recovery
With Regards
Satish
Kebom Taso
11 November 2010 at 13:07
many people are involved in corrupt practise of lending money to need ful persons on higher rates of intreset like 5% or 10% or 20% per month..
so i would like to know is
a)what is the actual rate of intrest recognised by the law of india and
b) which Act/book i need to go through to know about the actual rules for this matter.
c) which Act governs the monetry or interest matters in india..
Anonymous
11 November 2010 at 10:28
Hi,
We have a case filed on a property against my sister-in-law and the procedure is underprogress in the court.
Also there is an injection order wrt to the property and sent to the sub-registrar by our lawyer about the same in order NOT to do any registrations on that property.
She also acknowledged that she will give any information if required.
But one month back ,my sister-in-law has sold off part of that property without our knowledge and registered the same.
Is this registration a valid one since we have already have the Injection order?
Also will the sub registrar has right to do the registration even after she ackowledged it.
How do we proceed with this.
Please suggest.
Anonymous
11 November 2010 at 09:49
in the year 2008 i have taken a crerdit of Rs 7000 from a NGO with consented interest of 10% per month for three month, but my financial condition was not good so i could not re pay the amount unto this day as they are claiming rs 30,940/- as a totla amount. and for that they have file a money suit in the court of JMFC.
dear experts i want to know is ;
1. 10% per month interest is a justified rate.?
2. is this aceptable by the law of india;
3. RBi rates and indian interest act going to help me either or i have acepted the interest rate so i have to pay the total amount they are claiming.
---if the law insist me to pay the total amount i will not hire a lawer and i will pay the whole amount to save my lawyer fees but if there is any legal way that i can pay only as per the reasonable amount i will fight for my right.
you can see my condition that i had to take loan of seven thousand only then how come i manage thirty thousand with adition lawyers charges;; please suggest.
Anonymous
11 November 2010 at 00:50
'X' is a person having sole propritorship business.He is the distributor of a company 'Y'.A criminal case was intiated by Govt. against both of them .'A' a lawyer defending them in that case.That case is pending in the court of law. In the meantime the sole propritorship business was converted to partenership firm. 'X','B'and 'C' are the partner of said firm. 'C' filed a suit in the capacity of the partner of the firm against 'Y'. Whether 'A' can defend 'Y' against 'C' , is it not ammount to professional misconduct.please provide me necessary law and citation.
Anonymous
10 November 2010 at 20:37
Dear Sirs,
We had filed an application u/s 151 cpc (main pet).
Judge passed orders under heading,
Orders on application u/s 151 cpc (main pet)
Order........
And writes below...(after awarding rights)
"Accordingly the petition is disposed of.."
(Sign..)
My question is,
How do I interpret this? as application u/s 151, filed is disposed of or the Ex.Petition in totality is disposed of?
Please guide because the person is not adhering to the orders. Hence can I seek any relief in this EP itself..
Please guide & oblige..
Anonymous
10 November 2010 at 20:21
Respected Adv Sirs,
The order of given in Ex Petition was challenged in HC by an application staying the rights given.The Hon.HC upheld the lower court's order by dismissing application(WP).
Now, the person is not obeying this order of EP which was upheld by HC.
Is this a contempt or not?
If yes what should I do?
And where will it get admitted before div.Bench or in trial court where EP was filed.
Please guide & oblige..
sachin
10 November 2010 at 19:19
1) case law
2) what about if not be registrar power of attorney use in sale of land
3) Case details in this matter
4) If there is any practical decision
tdeli
10 November 2010 at 17:57
Hello...
Can you execute a WILL on a plain A-4 paper or a legal paper is necessary...
Thanks...
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exemption for appearance in front of the court
In civil plaint there are 5 defendents and 2 defendants are in austriliya and they are not able to appear (there may be any personal reason) before the court though they get summons.
Query- Can advocate of defendents ask for exemption that remaing 3 will be present.
-whether court will given order of exparte against them
-what should advocate defend thoses defendents?