Jegaraj
15 December 2016 at 13:56
One of my clients are doing real estate business along with his brother. Due to the down trend in the industry they are not able to sell the plots and eventually they have come up with one single Insolvency Petition jointly by both of them as they have some properties owned jointly by both. But the registry has refused to number the same stating that they have to file 2 separate IPs and not on IP joinly. Is that correct ? Is there any ruling permitting both of them to file one single IP joinlty ?
Jegaraj
15 December 2016 at 13:52
One of my client is staying in USA and has given a Special POA to his family friend for filing a petition for Nullity of Marriage in Family Court. But the registry is stating that a POA cannot file a case in family matters. They are ready to number the petition if we can give any ruling in this regard. Can any one kindly help out with a ruling please ?
Startup Indian
15 December 2016 at 12:06
Hi experts
We are startup organisation of hotel professionals who manage the day to day running of hotels from the owners and run the hotel by paying a fixed specific fees to the owner of the hotel.
In order to take over such hotels we are funded by venture capitalists(VC) or any investor who believes in us.
As of now business is good and our investors are satisfied with us.
We also have strong legal paper work in terms of contracts with the owners and the investors through our lawyers defining operational and financial terms.
However dark clouds may descend anytime without our knowledge leading to a dispute between we hotel professionals and the VC's or investors.
Hence my query is that in the event there is a breach in terms of contract the classic litigation will involve around breach of trust etc.
But we personally feel that there could be other unforseen problems in addition to that which we may have over looked.
Therefore we would be very obliged if we can get some direction or advice from you esteemed legal professionals and if found useful or unique engage your services.
Hope you all take it in the right spirit and show us the right direction based on years of experience.
P.S We are not legal guys trying to get some info from you or so.
Thanks
Vijay Kumar
15 December 2016 at 11:14
Sir myself vijay I submit that govt given some land to my grandfather as gift with conditions not to sold or lease any other for a period of 10 years. Recently gfather passed away
And the property was not registered in the name of my g mother. Now they are facing money problems. So I am planning to purchase some part of open plot on notary is it valid. Pls guide me
Mugundhan
15 December 2016 at 09:44
My client's sister filed a partition suit against my client & 3 other defendants. Since the plaintiff did not take steps to serve summons, suit against my client alone was dismissed. Suit is continuing against the other defendants. Now my client wants to file counter claim in the above case now. What is the procedure
Anonymous
15 December 2016 at 09:30
Sir my husband taken a 4.5 lacs personal loan from hdfc. Loan tenure for 4 yrs. In that, 1.5 yrs me repay the loan amount. But from last 1.5 yrs he dont have any job or dont have any income source. Now bank send a email to repay the loan amount in 7 days. So in that condition what happen with us and in that condition what to do? Please guide us. We both are so much tensed. But really we dont have any income source.
rajesh kumar
15 December 2016 at 01:01
i have entered into a service bond of 1 lac for 2 years in Aug 2016 in XYZ company Patna, given it on Rs 1000 stamp paper. Since after working for approx 1.5 month i have decided to quit the job/organisation due to following reasons- delay in Salary payment process, mental harassment (transferred thrice in a month, no amount was paid by company for household shifting), No TA/DA for marketing job- have to pay from my pocket, negligible future growth and my health reason (suffering from pleural effusion).
I have left the organisation without giving any notice in the month of Oct due to above foresaid reason now the company has send me the notice in order to deposit Rs 1 lac amount. is there any way to come out of such bond. since it is a matter of my future I can’t see it spoiling like this. Please advice.
Susmita
15 December 2016 at 00:23
Hi I am the wife of the deceased.
There is a secured loan without any life insurance.
The loan account has turned into a NPA
There is an interest + penalty ( 90000+12000) on the pending loan amount of 550000.
Bank is after me to pay it up or regularize the loan by paying the interest else they are preparing to take my house ( loan security)
They are not agreeing to reduce a single rupee .
I am the co applicant.
Please suggest
RANGWANI KISHORE
14 December 2016 at 23:22
My cousin has been creating blogs with ulterior motive to defame me . What actions can be taken against him for this.
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Affair
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