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belong to: Maruthi LawPowEnSy Inc.
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: SARFAESI SALE ...BANK ISNT GIVING SALE CERTIFICAT
please advise me.on 5 march 2010 i bought a house on auction under SARFAESI ACT being the lone highest bidder and my price being over reserve price my bid was accepted n i was given a letter asking me to deposit 25% of sale price on the same day n remaing 75% in next 15days ie by 20/3/2010.(((it had a clause stating the bank can cancel my bid before i deposit the remaining 75% amount))) i deposited the remaining amount beforehand ie on 12/3/2010 n asked the bank for releasing sale certificate as per SARFAESI ACT the bank people didnt give sale certificate instead when i gave them an application for the same on 29/3/2010 on 30th march i recievd a cancellation letter dated 27 march with a check dated 25 march cancellation letter of the bid(earlier accepted and fully paid already) after 10 days of the deadline!!! and 18 days after full money deposition!!! with a payorder of the whole money by courier.it says"the bank has decided/authority has decided not to sell the property" the bank has cancelled after my depositing the whole amount which is against its own clause what should i do to get the sale certificate n the possesion of property.please advise.....thanks so much for your attention n time....
: forgery transfer of shares
1) That My father Govinda Setty bought 5000 shares of Rs10/-each in the year 1994 in private company.
2) That My father died on 29-04-2002
3) That the above mentioned shares were in the name of my father till 04-02-2007
4) That the above mentioned shares were transferred from my father name GOVINDA SETTY to BNK SHANBHAG (Director) on 05-02-2007
5) That i am legal heir of Govinda Setty till today i have not received any notice of the meeting, Director report and balance sheet of the company
So, it is very clear that it is not possible to selling the share by my father in the year 2007 why because he died in the year 2002.
please guide me what action i can take against company/directors and its management regarding above issue. according to companies law as well as IPC, Crpc please mention section as well
thanking you sir
: please advice
I have an unfortunate situation before me please help me............my grandfather has five sons my father being the eldest. all are engaged in different businesses we have a joint family no formal or informal partition has been done....every male member (my grandfather, father, uncles) have formed HUF and file IT returns for HUF & individual.
the family properties are owned jointly as well as individually by different members including me.
one of my uncles(A) who does business from a shop owned by my grandfather (he does not have any other income from job etc) he(A) has another shop on his name individually he says this shop is on his individual name n this will not be included in family partition everyone else is against this he(A) will not listen to any elders ,relatives regarding partition he(A) intimidates my grandfather so a will by my grandfather is very rare possibility.......
the properties have been purchased from time to time by joint family money based on availability of capital on a members books of account.......other members have properties individually too but agree that all properties are joint family properties regardless of owners name (all properties were purchased by mutual consent) ........... what should me or my father do? please advice……
what’s the maximum ad valorem court fee for partition suit? I have heard it will take 10-15 years n our businesses will be ruined…….please suggest how should we go about it…..
i have asked this in the query section n forum as well please help
A W K Mecci
In which city are you located.
A W K Mecci