Rajiv kumar
01 February 2019 at 15:14
dear sirs,
I stood as a guarantor for a loan availed by a pvt ltd company in which my uncle and his son are directors.Due to losses in business the account was classified as NPA on 29.10.2018.The bank had mortgaged properties belonging to my uncle and me as collateral.However the market value of the properties is lesser than the loan availed.The bank issued a notice under section 13(2) on 2/12/2018 to my uncle and me under sarfaesi act with regards to the secured properties.Around three days prior to my receiving the notice by registered post i had transferred my unsecured properties to my son by way of registered gift deed.My questions are:
1)Can the bank file a suit against me saying that i transferred the unsecured properties with an intention to defeat or delay the creditors(bank) and to declare the gift as null and void under section 53 of transfer and property act.
2)can the bank file an insolvency petition against me to declare the transfer as fraudulent transfer
3)Can i say in my defense that i had gifted the property three days before i received the NPA notice and hence had no knowledge that account was under stress
P.S The bank has not sent me any notice regarding the unsecured properties till now.
Ashish
01 February 2019 at 14:39
Dear Experts,
We were not paid 5 months of our salary by our employer, so we approached the labor commissioner office in Keesara, they sent letters thrice to our company owner to come to the labor court in Keesara. But the letters were not delivered all three times. The labor commissioner says they can't do anything until and unless the letters are delivered. Please advise us what we can do next.
Thanks&Regards
Ashish Reddy
Anonymous
01 February 2019 at 13:29
Dear sir
i purchased a plot last 2 years back from Grampanchayati layout recently i taken EC in that first coloum of EC appears like "Mootakunduru village/Gramakhantam" so is there any problem in the plot
please help me sir
Bhagyashri
01 February 2019 at 12:29
Dear all,
I have booked flat in 2016 by paying stamp duty and registration amount. but till today i have not taken possesion and have not given money. Only token amount I have given. Now I dont want to take that flat for some reasons and want to cancel agreement. How to proceed further?
Punam Kumari Sahu
01 February 2019 at 12:16
I gave my exam in 2018 but my result was withheld stating that my practical marks was not uploaded online, as per the University whereas the college wants to escape saying that my marks was sent offline and the University mismanaged it. Again they wanted to put blame on me saying that I didn't fill the form online which is totally wrong. Now because of this blame game my result is withheld since a year. Now the college asked me to take the exam again.
What should I do?
vamsi
01 February 2019 at 09:03
Respected Advocates,
i filed a case on NI act provisions. in this matter the court issued nbw against accused. i made all efforts regarding to find and arrest the accused. but not succeed. even the accused father reported to advocate commissioner he did not know about the accused. his ancestral properties are also transferred. what should i do??
one more thing he is very active in social media such as facebook and other. can i file a petition by praying the court to make an order for finding the accused through cyber police based on his facebook account??? please advise me? in what way i suggest my client please advise me.. thank you all
munshilal
01 February 2019 at 09:01
Recently i have signed a MOU in respect to the family settlement on a Notary paper which is not registered. It has just signature of two witness -
QUERY is has this type of MOU got any Lawfull meaning/valid.
Anonymous
01 February 2019 at 04:13
Hi we have to enter in to a lease with a commercial complex for 5 years period wth an option to extend the lease for another 3 years . The average rent works out to Rs 60,000 per month . we receive a ten months deposit for the same. To register this lease what are the stamp duty and fees that becomes payable in Tamilnadu. And, the above duty & fees payable including GST. Thanks for your help in advance.
B Dutta
31 January 2019 at 21:49
Hi
My(Complainant) current case stage is Brief notes of Argument (BNA) on SCDRC state consumer forum against builder Unitech for proper delay compensation in delivery of the flat.
I have below queries -
1. Do I need to submit notarized version of BNA written ? or just print on demi paper would be fine?
2. Do I need to add affidavit along with BNA?
3. Do I need to attach any proof/document ? (I have already submitted all in stage "evidence on affidavit")
4. What is the format of BNA? is it just my arguments to support the argument claim I did? or anything else i need to draft in BNA
Thanks in advance,
B Dutta,
Kolkata
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Regarding education loan
Respected Sir/Madam
This is to kindly inform you that I Bharat Bhushan had taken an education Loan of Rs.1,20,000 from SBI in 2005 (for MBA completed in 2007) on basis of joint account at the name of (Bharat Bhushan S/o Sh. Harish Chander).
Due to some serious problem (physical issue) I was not be able to pay back and bank has made the total near 3 Lac(with interest) till Jan2019. Now as bank is pushing me for settlement and I also want the same even financially not very well.
So, I paid a total of Rs.1,50,000 on 30-01-2019 as per bank's instructions under OTS scheme before 31-01-2019 and full commitment of the bank Managers was to provide me the NOC at the same time of making payment.
But now the Bank Manager is asking for some time to complete the procedures of the Bank and providing the NOC in 1-2 days.
So, Please guide me regarding this.
I will be thankful to you for this act of kindness.
Regards,
Bharat Bhushan
Badrinath Opticals
Bhucho Mandi, District - Bathinda
Punjab. Pin code 151101
Mob 9646556658