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Queries Participated

KamalNayanSaxena   07 July 2008 at 18:15

SARFAESI ACT - LIMITATION & REQUIREMENT

Is there any period of limitation to file application before Distt. Magistrate to obtain physical possession after issuing notice under S. 13(2) of the Act?

Should the SARFAESI COURT i.e. court of DM issue notice to borrower?

Please refer citations.

J. P. Shah   04 July 2008 at 19:13

Misuse of securitisation act by bank

Due to misuse and arbitrary use of securitisation act, my friend suffered loss of nearly ten lacs by way of theft by officers of bank during physical custody of flat, damage to furniture as no care was taken by bank for 15 months,depriving wife of her stridhan, though she is not connected to loan, keeping illegal custody of items not charged to the bank,. Now my friend wants to claim damages from bank and its officers. Where should he go-consumer court, civil court or drt?

sridharan v   04 June 2008 at 11:15

release of registered mortgage - format

Dear Sirs,
can u e mail me a format for releasing
a Registered mortgage created in favour of
a bank as the loan has been fully paid back.

thanks

KIRAN KOTHARI   01 June 2008 at 11:34

NPA DATE from RBI GUIDE LINES

If concern A borrow fund from Urban Co-op.Bank on 1-04-1994 Rs.50lacs and become NPA(in the books of bank) on 3-03-1995.Thereafter,that Bank grant new loans to associate concern B on 26-03-1997 Rs.100lacs and out of that debt of A Rs.87lacs were deposited and account was closed.Now B has been NPA(in the Books of Bank) on 30-06-1998.
question:
what is NPA date for B as per RBI guide line and what about interest payments in the accounts A out new borroings?

Mohan RP Rao   28 May 2008 at 20:34

Documentation of purchase of second hand car

I had purchased a car by way of benami transaction, wherein I had paid the Money but due to some difficulty ,I had Regisrteted itin my freineds name, though I am paying the Installments of the loan in respect of the said car through my freinds accounts. But now i aprehend that My freind may go against me. In such Circumstances I have Following queries
1. As of now my freind is ready to sign any Documents, What Document I need to prepare?
2. What legal documents are required to submitted to get my name registered in the Concerned R.T.O?
Thanx n Regards

N.K.Assumi   28 May 2008 at 18:49

State Consumer Redressal Commission:

I have filed appeal against the decision of the District Consumer redressal forum before the State Consumer redressal commission in September 2007, but my appeal petition is yet to be heard as the State Government of Nagaland has not constituted the State Consumer Commission.Please advise me what steps i should take.

Rachit   13 May 2008 at 16:04

incorporation of new manufacturing plant

what all legal and statutory formalities a company has to be completed before starting production?

yamini   14 April 2008 at 13:15

credit card

Is one time settlement available to the dues under SBI credit card, if so please intimate the procedure for the same along with address to which we should communicate.