yash
31 July 2018 at 16:16
I have taken a loan in September 2009 due to some delay in payment of EMI Bank issued a loan recall notice on 21st February 2011 after that they have initiated arbitration proceedings in which an ex Parte award has been awarded against me meanwhile on 30th April 2011 Bank declared me NPA .
In August 2016 Nbfc's were given the power of Surfesi . So they issued a notice under section 13(2) which is under challenge in Civil Court
my questions are
can they issue notice under section 13(2) as arbitration award is already under challenge and They were given the power of surfesi in 2016 and my agreement was done in 2009
can I challenge notice under section 13 (2)on the ground that they have declared me as npa after issuing loan termination /recall notice .
BRIGADIER RM SHARMA
31 July 2018 at 16:07
Dear Sir,
I & my wife own a residential house purchased in 2003 out of my income. Not inherited. Now we are selling it and buy another house with the sale proceeds plus loan. I understand that buyer will deduct TDS @ 1% and deposit against my PAN number. I will do the same for the house that I purchase. My questions are:-
1. Should this TDS be deposited in my and my wife's PAN account @ 50% each to avail of exemption available if sale proceeds are utilized to purchase another property?
2. Is there any special provision for senior citizens?
3. How should the sale proceeds of old property and purchase price of new one be treated in ITR?
Thanks and regards
Brigadier RM Sharma
Anonymous
31 July 2018 at 16:04
May I get the information regarding the authority to whom to apply for NOC under emblems and names act 1950 for use of name of society to be registered under S R Act. 1860 in Maharashtra.
vaibhav
31 July 2018 at 16:02
May I get the information regarding the authority to whom to apply for NOC under emblems and names act 1950 for use of name of society to be registered under S R Act. 1860 in Maharashtra.
Kamaldeep Singh
31 July 2018 at 15:34
We borrowed 18 lacs from a close friend and returned that back to him after some time. Now he has filed a case against my father that he lent 40 lacs to us, but my father has returned only 18 lacs to him although he have proof of giving us only 12 lacs. Rest 6 lacs were given in cash by him. However, we returned all of his money. He has filed case in EO wing stating that my father took money from him to send him to Canada as my brother is in Canada. Also, he has friends in EO wing and they asked us to submit proof of returning the money which we aubmitted; even though, he has not submitted any proof of him giving us the credit other than his verbal statement and case is still in progress.
Currently, my father is in Canada to visit my brother and that person came to know about that. He sent police at our home today to know my father�s whereabouts since my father didn�t inform EO wing when he went to Canada. The police personnel said that my father is declared �faraar� and �abscond� so I need to sign a statement that he is in Canada. I verbally admitted it, but refused to give it in written.
Can someone guide me future of this case, since that person do not have any proof of giving us more than 12 lacs and we have proof of returning him 18 lacs which we already submitted. Now that person is harassing us by involving us in inquiries.
Please help 🙏🏻
chirag patel
31 July 2018 at 14:21
Are there any rules for flow of cases in Gujarat High Court. My case was Ruled and Amitted in July 2017. Till date it has not come on the board for final hearing. On the other hand my collegue case which was filed in July 16 with ruled and admitted in Feb 2018 and comes on the board on every friday. Are there any rules to finish the cases. I searched that my case is of service matter and classifed under Track-II.
finpro consultants
31 July 2018 at 14:01
My querry is related newly inserted section 143A to the Negotiable Instruments Act- Power to direct interim compensation :- Does this new provision apply now to all pending Cases u/s 138 and do I have to make formal application to the concerned Megistrate to Order Compensation.
Rajesh kumar singh
31 July 2018 at 13:41
Respected sir maine ordnance factory se technical resign dekar railway me junior engineer ke post per jion kiya hu to kya mujhe pay protection milega....
Anonymous
31 July 2018 at 13:27
Hello, for a flat in Mumbai, jointly owned by mother and son, now wish to execute gift deed for mother's share in flat from mother to son (so son becomes 100% owner), then from son to wife for 50%, to make it joint ownership. Please guide, is it correct that for both these transactions, the stamp fee will be Rs. 200/- each, and registration fee will also be Rs. 200/- each ?
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Cheque bounce
I have funded (in online transition) some amount for a company and got back the cheque (total amount +interest) in that same company name. The cheque was bounced because of insufficient money. I have sent the legal notice regarding this to pay me with in 15 days. Its been 20 days As i'm waiting for the acknowledgment, I came to know that company was closed and there is no one to receive the legal notice.
Is this case can be considerable as the company not functioning and owner of the company escaped? Is there any possible to get 138 warrant ?