Rajesh Pabari
21 May 2010 at 14:00
Dear Sir,
Need your help in this regard.
I wanted to know that whether there is any minimum floor limit prescribed for shareholding of promoters/promoter group in listed company, which must be held at all the time by Promoters.
Guest
21 May 2010 at 13:11
If a priovate company takes over business of a properietorsip concern then whether proprietors experience and financial data for last 3 years shall be deemed to be that of a Company while submitting tenders for Government Works. Company is a new one and may not have experience and 3 years bs and P7L account. If it takes over a proprietor business then can it get proprietors experience?
Baskaran Kanakasabai
21 May 2010 at 12:32
"73. Right to proceeds of revenue sale or compensation on acquisition
(1) Where the mortgaged property or any part thereof or any interest therein is sold owing to failure to pay arrears or revenue or other charges of a public nature or rent due in respect of such property, and such failure did not arise from any default of the mortgagee, the mortgagee shall be entitled to claim payment of the mortgage-money, in whole or in part, out of any surplus of the sale-proceeds remaining after payment of the arrears and of all charges and deductions directed by law.
(2) Where the mortgaged property or any part thereof or any interest therein is acquired under the Land Acquisition Act, 1894 (1 of 1894), or any other enactment for the time being in force providing for the compulsory acquisition of immovable property, the mortgagee shall be entitled to claim payment of the mortgage-money, in whole or in part, out of the amount due to the mortgagor as compensation.
(3) Such claims shall prevail against all other claims except those of prior encumbrances, and may be enforced notwithstanding the principal money on the mortgage has not become due."
The quote is in respect of acquisition made after a mortgage is registered. What will be the status of the mortgage registered after the acquistion is notified under 4(1)?
Will it be considered by the court that the Bank that registered a mortgage "after 4(1) notification did so at its own peril"
as declared in the case of the judgement in SC 540-1996 against the purchaser of land after 4(1) notification?
ganesh
21 May 2010 at 12:25
HALO SIRS,
CAN YOU THROW LIGHT IN THIS MATTER? My friend has leased his property, by right of redemption he cleared the suit and got final order the property should be with the owner. He take possession 10yrs back. He had no separate receipt to close the entry in Register office. What he has to do???
The order itself is ok?or what to do??
Rima
21 May 2010 at 12:23
Whether any order passed by Bombay HC is binding on Lower Court of other State??
Can a Magistrate refuse to consider the Judgment passed by the HC of other State?
In a point of law where there is no SC rulling.
Baskaran Kanakasabai
21 May 2010 at 12:15
"Notification under 4(1) of LA Act 1894."
Is this instrument compulsorily registrable or optionally registrable or exempt from registration?
Member (Account Deleted)
21 May 2010 at 12:15
Matrimonial house of wife is situated in Delhi. Wife severely tortured there and thrown out from there. Wife returned to her parental house at Kolkata at present residing in parental home.
1.Can we file PWDVA case in Kolkata??
Having minor son of 2.5 yr age.
2.Can wife pray for custody of the son?
3.If complainat can be filed at Kolkata and any ordered passed , how such orders can be executed?
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How to recover bond which is already paid to company
Dear Sir/Madam,
I was earlier working with NTPC Ltd.(1 yr in probation 8 months in service),resigned from the NTPC and joined ONGC.At the time of clearence from NTPC they forced to pay 2 lakh for payment of bond(bond of 2.5 lakh for 3 yrs).The reason on which they forced to pay me bond is that i made to application to ONGC without proper channel.However when NTPC make campussing from our institute ISM,dhanbad they did't say anything about bond.We were forced to sign bond at the time of joining the company and we joined as there was no alternative at that time.
According to DPE guidelines the bond is transferable while switching from one company to other.
Please help me out so that i can have the payment of bond back.