ayyanna gurikar
11 June 2009 at 14:09
dear experts,
i along with my brother bought an independent house in Raichur(Karnataka) in 2003,while applying housing loan i was not eligible for housing loan, so my brother applied for housing loan and my father is also co-owner of this house.
but from the beginning i was only paying for all the EMI's. Legally my brother and my father is the owner for this house.
now i have discussed with them to transfer the house to my name and i will be continuing the remaining housing loan.
Even both agreed to transfer the house to me.
now my few queries are as follows.
1 Can they (bother/father) GIFT this house to me.(Still loan is not closed )
2 if Gift is not possible what are other ways of transferring the house to me and i should be able to continue the housing loan in my name so that i can enjoy the tax benefit
3 i have one younger bother and elder brother and one younger sister, do i need to make any kind of legal agreement with them also so that i should not facing any legal claim on this property in future.
Shobha
11 June 2009 at 12:07
Dear Friend,
I wish to obtain Agriculture Licence as I wish to purchase Agriculture Land and plan to do agricultural activity. What are the procedures and requirements? Does the law differ from each state? please explain in details. thanks
CA CS CIMA Adv Dip MA Prakash
11 June 2009 at 11:04
What is diff between company and corporate law??
K.S.Srinivas
11 June 2009 at 11:01
I am working in PSU of State Government of A.P.
The method of recruitment and qualifications for filling up of the Joint Secretary is as follows:-
Method of Recruitment : By promotion from the cadre of
Deputy Secretary.
Qualifications : i) Must be an approved probationer as
Deputy Secretary.
ii) Must have worked as Deputy Secretary
for 2 years.
Further, it is ordered that :-
“The Joint Secretary post shall be downgraded as Deputy Secretary as and when the incumbent vacates the post on superannuation or otherwise.”
“The Joint Secretary post shall be filled up as and when any one of the Deputy Secretaries become eligible.”
At the time of retirement of the incumbent holding the post of Joint Secretary on 30-6-2007, I have completed 1 year and 10 months in the cadre of Deputy Secretary. As no eligible candidate is available for promotion to the post of Joint Secretary, it is downgraded as Deputy Secretary in July 2007. By August 2007 I completed the required service of 2 years in the cadre of Deputy Secretary for promotion as Joint Secretary and I am the seniormost Deputy Secretary eligible for promotion to the post of Joint Secretary. I am fully qualified and eligible for promotion. I submitted number of representations to the concerned authority for considering my case for promotion as Joint Secretary by upgrading the Deputy Secretary (which should be done as per the existing rules). No action is being taken by the authority. What is the remedy for me? Can I claim promotion as a right? Please show me the ways for promotion.
cyberca
11 June 2009 at 09:47
DEAR ALL,
CAN I GET A DRAFT FOR AGREEMENT FOR FULL TRANSFER OF BUSINESS?
THANKS IN ADVANCE,
Regards,
CYBERCA
Buvaneswari
11 June 2009 at 09:39
Respected experts,
some of the Microfinance institutions (MFIs) in Tamil Nadu registered under Company's act or Trust Act that operates as Non banking finance company are undertaking insurance business (i.e. micro insurance). Instead of insuring their clients in insurance companies, they developed their own insurance product specifically to their clients and covering the risk(i.e. called as in house model). As per IRDA's rule, 100 crores capital is must to start insurace business. Is there any legal regulations for the MFIs to carry out microinsurance business? If so, plz tell about the requirements to be submitted by MFIs.
Thanks..
plz experts..Its urgent..
AJIT KAWATKAR
11 June 2009 at 00:51
what is the meanning of Sanad &Inami ppty.Is/are there any restrction/ban to sell ppty received as Sanad/Inam. please give details with ref. to law in Maharashtra.
AJIT KAWATKAR
11 June 2009 at 00:37
can any listed hon'ble lawyersgive me full text of a case ref.5 SCC 725 AIR 1999 sc 807 veena hasmukh jain v/s state of maharashtra. i have brief note of jdmnt.:-"agreemnt for sale of flat +delivery of possession could be construde to be a conveyance." thanks.
Debashis Saha
10 June 2009 at 20:06
X Co.Ltd.,is a tenant of an immovable property. A Suit was filed and the Ld. Court directed X Co.Ltd.to deposit the rent with Rent Control Authority. Is there any liability of X Co.Ltd to deposit the service tax payable (not demanded)on rent alongwith the original rent
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Companies Act 1956- amalgamation
Dear Sir,
In case of amalgamation between two Companies the, if the share capital of the transferre company is increased due to issue of share capital to the share holders of transferror company, is the transferree company required to coply with the provision of the Companies Act seperately or it will be exempted as the compromise or arrangement it self is complete code and hence it will not require to follow any procedure of the Companies Act seperately by the transferree company.Kindly advise.
Regards,
Asish