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Shrinivas Padamwar   20 December 2017 at 16:29

Bifurgation of Loan Amount & land

I had agruculture land at Umbergaon, Pandharpur. The land was purchased by my father n one of his friend jointly. My father passed away n now me, my sister n my mother are legal heirs of that property. There was a loan of Central Bank of India which taken jointly by my father n his friend. Now the loan amount gone into NPA n my fathers friend not ready to repay it.
My question is that whether should I bifurgate the loan amount as well as that agriculture land.

Mudita d   20 December 2017 at 05:37

Default on bank loan leading to threats

Hi lawyers .
I had taken a loan from hdb Bank ( sister concern of hdfc Bank ltd ) of 9lacs due to medical issues in April 2017.
Lost my job without notice in June and managed to pay emi till sep 2017.
Now Bank Collection team enters my house n threatens to pay up one emi or they sending police to arrest with NBW
I have always been in touch with Bank n attended every call explaining how I�m jobless and really trying hard to get back on feet.
Have just got one Bank notice and nothing else ...
having a small kid n single mom I just want guidance on this arrest or procedures as I want to protect my child.
PLEASE RESPOND. AWAITING A FEEDBACK AND GUIDANCE.

Pravin   19 December 2017 at 17:32

Can recovery proceedings u/s 101 of the mcs act

Hi, Pls. Reply to following Queries at the earliest :

1. Can Coop Hsg Soc.or its Office Bearers disconnect Water Supply (Either Drinking or Boring) of the member and alternatively providing a Tap at the Gr. Floor of the Society Bldg. towards non payment of disputed Maintenance / Repairs dues ?

2. Can Society or Dy. Registrar U/s. 101 of MCS Act recover Maintenance dues only upto last 3 Yrs. from the date of Application by Society or can go upto any period beyond 3 years as demanded by the Society and that too only for Maintenance dues + Interest or for other dues also ?

Hope to get Reply from Experts at the earliest ! Thanks in anticipation of your imm. reply

Pravin

jiva   19 December 2017 at 11:04

Stages of execution of arbitral award

Dear respected all...

I AM FOR JUDGEMENT DEBTOR SIDE

1. What are the stages of execution of arbitral award.

2. What possible application can be made or provisions in proceeding of execution of award by JUDGEMENT DEBTOR.

3. THE AWARD IS FAKE AND ADMITTED BY THE ARBITRATOR HIMSELF. What is adviced to do as remedy to JUDGEMENT DEBTOR.

THANKS FOR THE KIND ADVICES

Divya   18 December 2017 at 22:31

Increase or review of interest rates passed in summary suit

Respected Experts
A proprietary firm “X” had filed a summary suit against a partnership firm “Y” before city civil court at Bombay for the unpaid dues arising from a commercial contract of hire agreement entered between parties where “Y” did not pay any rupee to the “X” and commercial contract remained unsatisfied, due to which “X” filed a Summary Suit before City Civil Court against “Y” for recovery of amount with interest @18% p.a.
Court awarded at 11% of amount till realization
Due to certain legal reasons, even after suit has been disposed off, my rights as a third party are being created before city court for my 50% rights in suit and decree.
My contention was that since it is commercial transaction, I found 11% a very less rate of interest though legally courts allow 18% interest on amount till realization where transactions are fully commercial arising from contracts. Also Suit was disposed off in 204, and my rights are being brought to the knowledge of city court now, hence Im eager to apprize court or request court to review/revise the interest from 11% to 18% on grounds..

Wil the court allow and is there any other reason apart from reason that it is a commercial contract. Since courts have also stated that rate of interest shall be as per the commercial transactions rates declared by banks,,

Can the court, same court which passed the decree allow for interest rates modification, on what grounds and how.. Please throw some light


Thankyou

Anonymous   18 December 2017 at 22:21

Increase or review of interest rates passed in summary suit

Respected Experts

A partnership firm "X" had obtained a decree in Summary Suit against another partnership firm "Y" in the year 2014 for payment of sum with interest @11%. Though "X" wanted a decree with 18% p.a.
Due to some reason, my interests have been created in the Summary Suit and Decree. I wanted to take in steps to get the interest rate reviewed/increased since it was a commercial transaction and ample losses have been incurred on account of negligence of "Y" firm.
it has been learnt online that a court can pass decree for 18% interest p.a. and/or as per the prevailing interest rates of banks for commercial transactions..And many courts including high courts approve decretal amount recovery with 18% pa till realization of suit amount.

it would be grateful if experst could advise if:
1. One can seek review/increase of rates before the same civil court on certain grounds
or what other reliefs or steps required to challenge

Please advise best possible

Pooja Porwal   18 December 2017 at 20:08

Credit card payment

hello im using axis bank credit card from last 8 years (limit is only 30,000Rs.), but as my busines id down from last 1 year and i cannt make payment from last 4month, even minimum payment too. now i got call from some numbers and they saying they from SP office, police office, advocate office and make payment of credit card, else they can catch me do many things with me and talk badly. whe i got calls from bank i inform them i can make payment and penalty and late fees too but i need time. now what i do. will credit card company do such worst things for 35000 payment. what i do please suggest me. because they tell me they from police office and i have to go jail if i not pay. this makes me mentally torture, and in pressure.

Vasantha   18 December 2017 at 17:32

Illlegal creation of passbook

Hello,
Have land registered on name of Lady. Land Registration Details were under her Name.in On-line its displaying her Details. but some other people & illegally created Patt & PassBook of Land, and trying sell property to some other people.

Kindly let me know to proceed further, how to apply a new passbook?
what steps to be taken under them? what procedure should they fallow.
Thanks a lot for viewing my post. In case of any additional information let me know. Thanks a lot.

G Saravanan   18 December 2017 at 17:27

Dtcp approval

If the builder/developer/seller has got already his legal opinion, will it be sufficient?

Should we need to obtain 'separate legal opinion' before purchase of a DTCP approved plot?

Are the reputed builders not reliable, if they have their own legal opinion?

shoaib   18 December 2017 at 14:38

Ncr

a guy has cheated me and my frnds in business. my friend as already launched an fir against him and i have launched ncr against him. now his wife is register ncr against us in a different police station. what is a suitable step in this stutation