Anonymous
21 March 2014 at 03:49
Respected sir..
If the tenant, stay in Bmc chawl more then 40 yrs, & paid rent taxes to the bmc till 2005.. with facilities of water & electricty.. does they project can go in SRA SCHEME ..
Plz provide me they info with reason.. if yes y?
Waiting for your reply..
Thank you .
Arvind Sehdev
21 March 2014 at 01:44
Sir,
I invested in the Capital Funds/ Mutual Funds.
Committed an investment upto 25,00,000 (TWENTY FIVE LAKHS) and invested upto 17,50,000/- (SEVENTEEN LAKH and FIFTY THOUSANDS) (i.e. I made 3 payments in 3 calls).
I did not make rest of the investment as I did not receive my copy of the agreement upon entering into the contract with the investor and neither got it for past 3 years of the investment in the mutual fund.
Eventually I was declared as a defaulting contributor and a huge sum of money was deducted from my investment as management costs.
Neither was I given any returns on his investment for 3 years on the amount I so invested into the fund.
The amount was deducted on the counts of: a. Management fee on commitment amount upto commitment period (4 years) 2.25% - Rs.2,25,000.
b. Management fee on commitment amount upto commitment period (3 years) 2.25% - Rs.1,18,125.
c. One time setup fee on commitment – 1.00% - Rs. 25,000. d. Annual Fund Expenses - 0.50% - Rs. 62,500. A total amount of Rs. 4,30,625/- was deducted from the contributed amount and now I am given back Rs.13,19,375/- with no interest on the amount that he contributed and everything was said to be forfeited.
Question here is :
1. What is the limit of forfeiture that these mutual fund companies can do on an investment? If there is a limit then in what manner can it be forfeited and what amount?
2. Is there any way that I can get back my entire invested amount or atleast my share of the profit ?
3. How are these amount of management deductions computed or is it just the free will of the investment managers?
4. How can I go about this if I file a consumer complaint?
5. Are there any laws or judgments supporting my claim?
Regards,
brijender gupta
21 March 2014 at 01:17
Sir,
I (delhi based) entered into a franchisee agreement with a mumbai based company in 2013, wherein the company was supposed to repay the franchisee amount,paid at that time,in case of "no profit" within a year from the date of MOU.
The franchisor turned out to be a defaulter & 3-4 criminal cases are pending in mumbai courts against MD & thus the bank account might have been blocked by the court.
The post dated cheque(1st MARCH 2014) of the franchisee amount,issued by MD of the company, dishonoured with the reason - Account blocked (situation covered in 21-25).
Does it fall under the ambit of section 138
N.I.ACT. If yes, kindly suggest me procedure for the same.
Kindly reply at the earliest as i recd the banker's information regarding the cheque on 7th march 2014.
Thanking you in anticipation.
Ravikiran
20 March 2014 at 23:58
Dear Sir,
In July 15th 2013, I was in search of house and I paid Rs.50000 through bank cheque as advance (towards the lease amount of Rs 13 Lakh) to land lord, in bangalore. After 2 days, since, I could not able arrange the amount due to some reasons and I communicated the landlord on my situation and considering his age( >60), I agreed to wait for my advance amount until some one comes to that house. After 3 months some one came and even after 10 months, he is not willing to pay my money of Rs50,000. Even after several reminders and requesting him to pay atleast in instalments, he is not willing to return the amount. I have only proof that, before paying advance, he shared the lease document template to me via email and I paid him the amount through bank cheque. My question is , can I put a case against him and these docs are considered as proof ? Can you please help me
Guru
20 March 2014 at 23:33
Dear Experts,
In case if I give a Affidavit states that I'm living with two life partners/Women. In this scenario sec 494/495 will come to play or not?
What is the situation sec 494 and 495 coming to play?
Geeta
20 March 2014 at 23:28
I am a Nepali Citizen,however i have lived so long (19 years) in India,studied and now working since 8 years.
I have a pan card... paid taxes,have a bank account and nowhere its mentioned am Nepali.
Now when am planning to go abroad i am planning to get my passport and visa from Nepal as its easier as lot to me by all than going for acquired citizenship for India
I have applied for passport from Nepal but now am worried during my visa interviews do i have to provide bank documents mine don't say am Nepali it rather quotes my Pan card . I just read foreign national pay taxes differently ...... Am so confused......Am in a hurry.... Please suggest i don't wanna be illegal and loose my opportunity to go abroad.....
What is the best to do.... You can ask me more questions
Thanks
Geeta Poudel
INDIAN LADY
20 March 2014 at 23:04
Sir , In my suit of 125 I hv been awarded Interim of Rs 6000 along with my minor son. Husband has filed for Revision. I want to file execution now. My present advocate is very famous so is very costly too. Now my query is can I go for another advocate for execution only which can work with small fee insteaed of my present advocate. Can a non fanous advocate or any non specialized advocate can do this job in well way or any specialization is required for execution of interim ? What is the practicle way if execution of interim in 125 . Kindly advise.
Rakesh
20 March 2014 at 22:47
Hi,
I am staying in a property which is on my fathers name in mumbai. My father passed away this year and didnt kept my mother as nominee. I have two elder sisters. Now as per the law this property is divided into 4 parts 25% each to me , mother and 2 sisters.
Now my mother wants to make me a co owner of the property and sister are ready to sign. I want to make sure event after my sister consent which is the safest way to do this process. The final aim is that the property will be 50% each of my mother and me and my sister cant calim their rights on my share of 50%. My mother also want to make a will of her 50% on my name that after her the entire flat will be with me.
Request you to let me knoow much time, money and safe this will be.
Ritesh Rathod
20 March 2014 at 22:33
Dear sir,
My question is suppose A is a Muslim Male want to do marriage with B Hindu lady.
Lady put up a condition that she will not convert his religious.
Male also put up a one condition that after solemnized marriage as per special marriage act, again nikah must be done as per muslim custom.
In this case marriage is possible? if yes. Kindly elaborate the procedure.
If lady not want to change her name then what?
Thanks,
Ritesh Rathod
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Should i purchase plot from gpa holder without owner consent
Respected Sir,
Can I buy a plot from a Seller having Power of Attorney in his name.
He says he can do the execution of registry himself. He have given photo copy of GPA & Farad land record for checking. He have not done registery for the sake of spending on stamp duty etc.
Please guide me how to be safe and do important checking before buying that plot.
Thanks