UTTAM SINGH NEGI
18 May 2011 at 16:29
Dear Friends,
I have a very urgent query. I want to know that if a listed company in india has a joint venture with 50% holding and that joint venture has a subsidiary with 100% then will that subsidiary of that JV will under the purview of SEBI, its laws and regulations. If yes, please specify the relevant section.
With kind regards,
Uttam Singh Negi
Anonymous
18 May 2011 at 13:46
I am planning to buy a flat in an apartment. This flat is located on the seventh Floor. The Apartment building is approved by BDA for G+7 floors. The Approved Floor Plan of 7th Floor shows only 7 out of total 8 flats constructed on 7th Floor. This particular flat is the eight flat(not shown in the floor plan).
My query is following:
If the builder gets the "As Built Plan" approved by BDA then does this flat still requires regularization?
If yes, then what could be possible cost for the regularization?
Anonymous
18 May 2011 at 11:03
The interest on delayed payments to Small Scale & Ancillaray Industrial Undertakings Act, 1993. Under this Act the loal Industry Facilitation Council, Commissioner of Inds.A.P.is conducting Arbitration proceedings as per section 25(a,b,c)of Arbitration & Conciliation Act 1966, with reference to Sec.23 Cl.1of Arbitration Act.
Under Cl.7 "Appeal" of Delayed Payment Act of 1993 it reads:No appeal against any decree,award or other order shall be entertained by any court or other authority unless the appellant (not being a supplier) has deposited with it seventy -five per cent of the amount in terms of the decree award or , as the case may be, other order in the manner directed by such court or, as the case may be such authority.
This clause puts undue hardship to the buyer(respondent) when the respondent has a reason to believe that the arbitration proceedings are not conducted properly or sufficient opportunity is not given to the respondent to defend his case.
Pease give your opinion in the light of the recent suprement court ruling in the case of Union of India & Ors Vs.Tantia Construction Pvtd.Ltd.,...that the consitutional powers vested in the High Court or the Supreme Court can not be fettered by any alternataive remedy available to the authorities. Injustice whenever and wherever it takes place, has to be struck down as an anathema to the rule of law and the provisions of the Constitution.
Anonymous
17 May 2011 at 17:46
My client is transport contractors owning 6 truck tankers. He also utilises services of other truck owners for requirement of 10 trucks. In all under his contract 15 trucks are operating.
The truck tanker crew/staff changes very frequently i.e. 30-45 days. As a principal contractor he has been asked to comply with ESI/EPF Act.
My query is (1) Whether my client has to obtain registration under PF and other Acts. (2) He owns 6 trucks and his staff strength is 14 only through out the period.
(3) What remedy can be availed by him? (4) What about staff of trucks owned by other persons.
Please guide.
AJAYKUMAR NAIR
17 May 2011 at 14:58
Can anyone tell me what should be the height of the roof from floor of a Factory shopfloor.
Shelley Agrwal
17 May 2011 at 12:49
the fact of the case are as follows:
1. the incident is dated back to 8 years.
2. the person held the shares of madras port ltd.
3. the company was delisted and it offered the person for forefeiture of the same but that person refused and kept the same with himself....
Que 1: after delisting the shares with the above shareholder are of any worth or not???
fact 4: the person after a little while sent the same shares and other scripts to bank for dematerialisation & securtisation.
5. the bank sent the scripts of madras port to the company for same, the company acquired the same and without the permission of the sahreholder forfeited the same and send the shareholder cheques relating to the reffered shares.
Que 2: Can the Company do what it did was the act legal???
Fact 6. the cheques were received by the shareholder but never deposited in the bank for clearing...
Que. 3: Can they be encashed by any means now???
Ques 4: Is there any remedy for the shareholder to get back the money involved??
and does the shareholder has any remedy agains what the compan did??
is there any limitation of time involved in this case???
Please reply specifing the applicable ACTS & related Provisions & Sections
Gagan Souri
17 May 2011 at 08:55
Dear Friends,
When we send a notice u/s28 of CP Act,
Is there any limit that the time[days] we should give him should be restricted to 60 days.
Cant we give him time only 10/20 days
Please enlighten me.
Anonymous
17 May 2011 at 00:08
i want to appear for JMFC,is there increment[promotion] in this post,if yes till which extent,can i become high court judge after that,please i want these things to be cleared help me
B.B.R.Goud.
16 May 2011 at 20:25
in andhra pradesh, after 38 years of its enactment, Payment of Gratuity act, 1972, a g.o was issued in order to enforce the private organisations to make the compulsary insurance under Sec 4A pf said Act. even then the competent authorities are not responding upon it. can we file writ of mandamus against them under Art 226 in high court of AP.
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Registration of property & NOC for conctruction of third floor
After death of my father & as per register will of my father with 50-50 share. We (my younger brother & me) construct a floor with collabration with builder. Now owner ship of property is Divide into three Floor/part ground floor with basement goes to younger brother, First floor goes to builder & second floor with roof right with me.
Reg. of property is still in my father's name, now i prepare paper for registration of property floor wise with map of third floor he return the same & told us that he want part in third floor also. Now i wish to consrtuced third floor.
Give me advise that is it possible to register my floor in registar office without my younger brother's sign & construct third floor without taking NOC from him.
First floor owner has no objection for construct third floor.