Shonee Kapoor's Expert Profile

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Mr. Hitendra Shah says : Criminal
If a POA is notarized on 01/02/2011 by Share Broker for its Client as he was providing finance in Margin Trading. It is notarized BLANK, through the Notary of the Broker, without filling in the details of Bank and Demat Account NUMBERS on the said Blank POA and it is handed over to Bank for accepting it and for verification. Bank accepts it Blank as verified and getting filled the account opening forms through the client via Broker on 04/04/2011. Bank opens Bank A/c of the client on 12/04/2011 and Demat A/c on 14/04/2011 and the account NUMBERS of the said accounts are filled in the said POA by the BANK in its own way. The Client clears all his dues along with interest on 14/09/2011 but the Broker sells all the Balance shares of the client after 14/09/2011 and realised money he transfers in other's A/c fraudulently with the help and support of the said Bank and POA holder of the client. The POA holder was Broker's one of the employees and signatories because the Broker provided Finance to the client in Margin Trading. I would like to know from the Experts that 1) Whether the said POA is Valid or Invalid because POA was notarized before the said accounts were got opened. POA was notarized on 1/2/2011 and Bank A/c was opened on 12/4/2011 and Demat A/c was opened on 14/4/2011? 2) whether the POA is valid document for the said accounts or whether the said accounts are valid for the said POA? 3) whether is it believed that POA was got Revoked as soon as the Bank filled in the invalid account numbers on the said POA? 4) Whether should the client file a civil case for his claims making party to the Broker or Bank or POA Holder? What is the best option in your opinion? Whether he should file case on Bank for the Claim? In this case I have few more queries that I would like to ask you in other part. Kindly explain me with your expert knowledge. Thanks. XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX 2nd Part :- There was conspiracy between the Bank, Broker and POA Holder. With some reasons in the mind, the Broker and Bank got opened the Bank A/c of the client as if he is a Company or a Partnership firm by filling "Non Individual" Bank A/c opening form from the client. The Broker got signed from the client on the POA, at the bottom of POA, as Director/Secretary/Partner. Now the POA is in the Individual name of the Client and the Bank A/c is in the name of a Company or Partnership Firm. So whether the said POA is Valid or not? In the Bank A/c opening form there never be required to fill the details of POA Holder in the said form by POA Holder, but the Bank allowed illegally to POA Holder to fill the details of POA Holder on the said Form so that he can operate the said Bank A/c. The Broker and Banker got filled from the client "Corporate Internet Banking Form" for opening Internet Bank A/c of the client and got opened Corporate Internet Bank A/c of the client and similarly the POA Holder filled his details in the said form to operate the said A/c. The signature of the client on the POA and Demat A/c opening form differs significantly. In the POA he signed as S. J. Master and in the said Demat A/c opening form he signed as Shantilal Master. in such situation can POA holder operate the Demat A/c of the client? Kindly explain and guide to the client that how he should proceed? Thanks. ***************************************** Last and Remaining Part:- Sir, how the said POA be said valid when POA was notarized before the accounts were opened? In other 3 cases, in the verified POA, verified by the Bank, there is no detail of Demat A/c Number is mentioned on the POA but POA Holder has operated the said Demat accounts of the Clients. There was only one POA Holder in all the cases whereas the Demat accounts of the clients have been operated by other persons also signed as POA Holder.

Rehan Noor says : please help-2
He doesnt agree to see a counseller and I cant involve his family also as his family won't accept his sexuality (the stigma associated with Indian society). I feel so helpless. If I leave him and he commits suicide will I be responsible? Please help!

Rehan Noor says : please help-1
I am 20yrs old and in a gay relationship. My bf is 25 years old. He is extremely obsessed with me and I am very unhappy with him. But whenever I talk to him about parting our ways, he gives me a hint of suicide. I obviously dont want that to happen.

Abdullah Karuthedakam says : Need help
Hello sir, can u help me pls ?

Member (Account Deleted) says : Legal Advice on property
Hello sir, I want to ask you something. The thing is this my parents had divorced when me and my younger sister and were too young. We are staying with our mother since 2006. My mother did not get any kind of compensation from my father in the court. We are going through a lot of financial problems. I have completed my graduation and even MBA while working side by side. We are even residing in a rented house. When me and my sister left my father's house in 2006, then my grandfather and my uncle forced us to write a letter and sign on that. They asked us to write that from now onwards we do not have any right on them and their property on a piece of paper. And after signing that we left from that place. So, now me and my sister want to get our right of share from my father. As if we will not do this then my step mother(2nd marriage in 2005) will get all this. Please suggest on the same.

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