Interest on interest charged by chs ilegally to harass lady
Siddhi Agarwal
(Querist) 20 December 2018
This query is : Resolved
After having failed to get any response here is the query for experts on co op laws based in Mumbai.
She is being charged interest on interest for delayed payment and when objected to it asked to /cite/produce a case law in the matter which she could not. Any one here to provide the citation ?TIA
Dr J C Vashista
(Expert) 21 December 2018
What is your locus standie to the query ?
Kumar Doab
(Expert) 21 December 2018
LOCAL counsels can help the best.
Siddhi Agarwal
(Querist) 22 December 2018
I m trying to help in all possible ways.
Siddhi Agarwal
(Querist) 22 December 2018
I m trying to help in all possible ways.
Siddhi Agarwal
(Querist) 22 December 2018
What this site is meant for ? No answer and vague replies by experts ?
Siddhi Agarwal
(Querist) 22 December 2018
What this site is meant for ? No answer and vague replies by experts ?
Hemant Agarwal
(Expert) 27 December 2018
1. Under the Model Bye Law no. 72. A member shall be required to pay "SIMPLE INTEREST" at such rate as is fixed by the general body of the society at its meeting, subject to the maximum of 21 percent per annum, on the charges of the Society, from the date the amount was delayed till its payment not paid by the member within the period as prescribed under bye-law no. 70.
2. FURTHER, "IF" the CHS levied compounded interest, THEN the respondent must simply prepare a Table-Format, showing the simple interest factor and present it under proceedings u/s 101. Consequent to which the registrar shall pass orders under provision of aforementioned Model Bye Law no. 72, based on such chart.
3. With a little strategic twist the matter can be escalated as a "dispute u/s 91" and remanded /filed in the cooperative court, where usually the coop. court does not allow interest more than the prevailing bank interest rates.
Keep Smiling .... Hemant Agarwal
VISIT: www.chshelpforum.com
Kumar Doab
(Expert) 29 December 2018
Now you must have realized that one needs to find and get in touch with very able LOCAL counsel specializing in concerned field of law.
Certainly there are many threads OLD and NEW with highly illustrated responses with citations in Threads, Files, Articles at LCI and citations in same, similar cases fully help to provide relief.
Citations otherwise also help and counsels and Courts of Law base on citations.
Mr. Hemant Agarwal might be at your LOCATION and close to you.
If you wish you may get in touch with him.
Mr. Hemant Agarwal also maintains a well nourished blog.
Kumar Doab
(Expert) 30 December 2018
Anyone may take help for any matter from, elders of your family, competent and experienced well wishers, seasoned PIP’s, helpgroups, community leaders, NGO’s, experienced colleagues, associations, religious scholars/leaders, influential persons, Employee’s/Trade union leaders, help groups for spouses (Husband/wife) etc and find a very able LOCAL counsel specializing in concerned filed of law e.g; Revenue/Society/Civil matters as in your case, and well versed with LOCAL applicable rules, precedence, latest judgments etc …. and worth his/her salt, can advise you after examining all case related docs, inputs, evidences on record.
Obtain proper legal opinion in writing!
Avoid acting on your own on hearsay.
One should not fall for IT’s and entities loitering at online portals to allure unsuspecting querists. There are many threads on such instances at LCI also.
Online discussions are not substitute to in person discussions with a very able counsel of unshakable repute and integrity specializing in concerned field of law.
One should not fall for IT’s and entities loitering at online portals to allure unsuspecting querists……the personal details of unsuspecting querists/citizens get stored in databanks/compromised……hacked.
Not only your counsel ( if other very able counsel opine that 1st counsel’s advise was bad, misleading) many posing as Lawyers (actually Liar) have been raking up disputes at online portals including LCI on subjects like ; WILL, Nomination, Gratuity etc etc with their misleading, illegal advices and conduct..and have failed due to untiring efforts by some sincere and good natured Experts that indeed want to help and contribute at such portals. Such entities operate by forming gangs ( ikdi, dukdi, tikdi, chokdi and even more)….and attempt to deflect, divert to other members of their gangs to fleece the unsuspecting querists. Many of such entities have never been to courts and might have never won in any case and may not be able to count even on their fingertips. In the end multiple fake ID’s of such IT’s and entities get permanently blacklisted, shunted out at online portals and outside online portals and even society………and that is exactly what they deserve. Make a note of such entities and if the need be act to confine them to correctional centers; Jail, and let their cost and consequences be, heritable. Why such IT’s and entities litter nuisance at online portals: to hide their own weaknesses, and to satiate their insatiable itch and due to their infectious greed. One should stay away from such infected entities and hence away from such infection. You may post if anyone has ever asked /is asking for money from you have paid.
Such IT’s and entities keep on poping up at online portals with fake and new ID’s after their old ID’s are permanently blacklisted/shunted out and money fleeced from unsuspecting is finished.
There are such very able counsels at each location.
Check for such counsels at LOCAL; O/o Tehsildar, Registrar of Societies, Co-Op/Civil Courts, HC, SC,..
You can also try for FREE legal Aid from Legal aid center (DLSA) that is usually within LOCAL courts complex..preferably from a very able counsel specializing in Revenue/Society/Civil matters.
Your counsels may opine that you can appear on 1st date, and obtain copies of petition etc to reply later ….and inform the court that you shall be engaging a counsel and appear thru your counsel….Or your counsel can appear and obtain copies of petition etc and reply later or your new counsel can appear for you.
Your counsels can advise after examining all docs/record/inputs pertaining to your matter and help you. You can also search threads on similar query in SEARCH option ON left Hand side of threads in Forum/Experts section. Having learnt a lesson, remember to consult beforehand for your matters or any matter about which you are not properly informed.
There have many instances of such entities operating with multiple fake Id’s at online portals.
The FEE of all LOCAL counsels at all LOCATIONS is not high/unreasonable as mis-believed by many.
Many counsels even at State Capital/Metro towns do not demand unreasonable high FEE.
IT is rather at online portals that unsuspecting querists are mislead as per many publications, by IT’s and Entities that pose as some Lawyer (actually LIAR) and flaunt/advertise firms that are not Law Firms (Actually LIAR’s Firms) to believe that LOCAL counsels are not knowledgeable..are incompetent.
In Reality the LOCAL counsels win cases in LOCAL courts at all LOCATIONS.
You can go thru/search the cases contested by any Lawyer at court website.
Rest; Your own very able LOCAL counsel as already advised above, can advise you in person, after examining all docs, inputs in person.
Obtain proper legal opinion in writing.
Sudhir Kumar, Advocate
(Expert) 01 January 2019
Not understood how the following persons can be helpful
Seasoned PIPs, help groups, NGOs, experienced colleagues, association, religious scholars/leaders, influential persons, Employees Trade Union leaders, help group for spouse…………..
