I am from Chennai. Married 35 year old male and have one son. My younger brother aged 30, borrowed money from various persons, chits, bank, relatives for his business purpose and now he is unable to pay them back. In what way it will affect me when they ask for his debt. Am I any way legally responsible. How to handle this. Please guide
380 ipc case is on ACJ& MM court .challan is not filed
accused got jail & bail
today complainant said i could make settlement in lok adalat
is it feasible ?
Kindly suggest what should be the name of the agreement. Case is as below.
Case:
The promoters of a Company approach a investor to invest in equity of der unlisted public company.
The promoters guaranteed certain fixed IRR on that investment on der company and return of that investment at a fixed price..
Now this investor wish to pen all the things into an agreement.
Then what should be the name of that agreement. And can the investor make the company a party to that agreement which is legally enforceable.
Hello,
I e-filed a Writ Petition in High Court It was posted for hearing. I have the following question in this regard:
Do I need to serve notice of the petition to the Special Govt Pleader right away?
As per companies Act 2013 section (2) subsection (77):
(77) ‘‘relative’’, with reference to any person, means any one who is related to
another, if—
(i) they are members of a Hindu Undivided Family;
(ii) they are husband and wife; or
(iii) one person is related to the other in such manner as may be prescribed;
Mr. R had three sons, named Ka, Mo, Mu. Mr. R as well as his sons Ka, Mu are no more.
Huf of R never used in any type of activity whether business or income tax purpose.
Son of Ka has significant influence in the company.
Wife of Son of Ka is director of the company.
Grandsons of Ka are also directors in the company.
1.Whether grandson of Mu is relative of grandson/daughter in of Ka as per section 2(77) of companies Act 2013 ?
2.Whether wife of Mu is relative of grandson/daughter in law of Ka as per section 2(77) of companies Act 2013 ?
3.Whether the Huf of son of Mu (where all members of Huf is shareholder of the company) is relative of son of Ka or wife of son of Ka or grandson of Ka as per section 2(77) of companies Act 2013 or in any other act ?
I am taking a non collateral Loan from NBFC's without giving any collateral.
The NBFC in which I have applied for Loan is reputed company which gives Loan to many Lakhs customers every year.
Since they are giving non collateral Loan , but they are taking 4 Blank cheques at the time of agreement for their security purpose..
They take Blank cheque with name of company written on it, signature and amount. (NOT DATE)
From the beggining of the procedure of Loan I am recording all the calls from Bank officials,exchanging all the documents by Gmail to collect evidences that i am taking loan.
Q1. Is it Ok if I give the cheques and take the loan from Bank. Is it all right?
Q2. Is there anything that I can do to make myself secure, Anything that i make them write on agreement about cheques so that I will be safe.
What should I do???
1-Is there any minimum/maximum rate of interest at which NBFC/housing finance has to give housing loans to the public?
2-What is the cost of funds for new NBFC/housing finance companies at the initial stage?
3- What are the ways with which NBFC/housing finance companies can bring down it cost of funding over a period of time?
Can anyone help with these questions, it will be of great help
Hello dear lawyers.
Dear Respected Sirs/Madams
I am a FOREIGN lady married to Indian man. Our marriage was registered abroad and endorsed at Indian embassy and my name is included in his passport. I am now living in India with him and i am holding OCI card also. I am spending money on our married life in India; money that i brought/bringing from my own country after selling my properties there.
My husband has some property in India. But he also has two Indian sons from is previous marriage. His Indian ex wife and sons are demanding that all his property in India should only go to them and nothing should go to me. His parents are also supporting his ex-wife and not me. His undivided ancestral property is also disputed between him and brother.
How can i secure my rights financially in India? Is it enough if my husband makes a registered affidavit promising to give me some money/property in case of his death or divorce? Can he later change, cancel or over write such affidavit if he changes his mind? How to make it a non revokable affidavit?
Thank you for your valuable time and advice.
Shainy
Career in accounts & tax
Sir
I am Bidhu Bhusan Pattanayak age about 35 B.Com & MBA in finance want to career in finance , accounts & taxation area . Cma cs ca is too tough & in this age i could not clear easyly . If supposed i take admission in law is it will help me for future time . Like tax consultant, finance consultant