Dear Sir,
Mr.Neeraj was having an OD current a/c.in syndicate bank. After one year neeraj has not renewed his OD a/c.Rather he prepaid the amount of OD through Bank of Baroda take over. But,the branch manager of syndicate bank charged 2% when Neeraj has closed his a/c & prepaid the amount.
Neeraj requested the manager to get/give him the copy of clause/term & conditions of bank,bcos Neeraj has not prepaid his OD amount before one year,thats y he wants to cheak, is he liable to give syndicate bank 2% prepayment charges.
What can Neeraj do to get the copy of clause/term & conditions of syndicate bank? Is neeraj liable to pay 2% prepayment charges,closing his OD account after one year by Bank of Baroda take over?
please give sections / AIR / Judgements if any for support.
Thanking you.
whether all the accounts can be declared as NPA by the bank if one of the account has been declare as NPA earlier under the SARFAESI Act.
whether all the accounts can be declared as NPA by the bank if one of the account has been declare as NPA earlier under the SARFAESI Act.
whether all the accounts can be declared as NPA by the bank if one of the account has been declare as NPA earlier under the SARFAESI Act.
I need relevant news articles on reconstituting the company Board by the Govt /CLB if the said company Board is involved in mismangement/fraud/opperssion
In the satyam scam issue and even the earlier issue RBF NIDHI(Oppression and mismangement with the depositors stake) , the company law board reconstituted the Board with the Government appointed members.
I need the legal provisions in detail which empowers the company law board in reconstuting the board, with any supporting case laws, if any.
Respected All,
In an Article of Association of a pvt. ltd Co. can there be any clause regarding the expulsion of its members. I think no Company should insert any such clause in the article except the forfieture and lien due to non payment of call money of the shares. The shares on being forfitted the name of the share holder will be deleted from the register of members. Am i right kindly advice.
Best Regards,
Asish
Dear Friends,
I have started a Partnership firm with a marketing person and have a Partnership Deed. I have invested around 3 lakhs towards rent advances, furniture & fixtures, telephones, Laptop, Printers and computers in November 2007.
Business did well with no profit no loss for the first year.
I have not drawn any money from the said firm, but paid my partner a regular remuneration.
Last Feb 2008 i had to leave to Middle east on a assignment for three months.
My parner had taken advantage of this and made good money in my absence and started collecting money in his name and cash, and was signing all documents as Proprietor.
After coming back i have asked him for the accounts, which he didnt give till date.
What is the action i can take to take the business details as well as recover my investment, laptop,telphone, printer and computers which are in my name.
Balakrishna
Differnce B/W Memorandum of Understanding & Agreement
Differnce B/W Memorandum of Understanding & Agreement
Regards
Saira Bano Siddiqui
Student CA-Final