praveen
12 November 2008 at 21:09
I have deposited Rs20000/- on 10/01/1994 for priority registration of a car with the manufacturing company's authorized dealer. The company claims to have send me a RECEIPT-CUM PRIORITY CARD(RCPM) but the same i have not received or i have misplaced no idea. This month i have sent an email to the company to give back my advance with reasonable interest, it had replied "As of today, as per our records, the booking remains unclaimed and treated it as lapsed claim.Now the amount claimed is barred by law of limitation and the company is not liable to refund the money."
mintu
10 November 2008 at 16:22
Sir
Kindly asvise me on following facts:
X Co. Ltd. is a public limited company having its object clauses like the following:
Main Object:
a.Manufacturing, branding, selling, etc cigarettes and other tobacco products.
b.Purchasing all materials needed to manufacture, brand, patent of the above products and all assets including plants and machinery needed.
Ancillary Objects:
a.Enter into any contracts, lease agreement, etc for the purpose of the main objects.
b.Manufacture, sale and otherwise disposal of any byproducts.
Other objects:
a.Manufacturing consumable food stuffs and selling the same.
b.Doing any other business that the company deems it profitable and beneficial to the company
Can a company have such a vague object such as "DOING ANY OTHER BUSINESS THAT THE COMPANY DEEMS IT PROFITABLE AND BENEFICIAL TO THE COMPANY" ?Please tell provision or caselaw if any.
Directors of the Board of the said company ask for your advice on the proposal of starting a Hotel business in Bangalore. Give a detailed advice to the company.
Thanking you
mintu kumar
jagadish paranjape
09 November 2008 at 11:52
An employee is terminated for misconduct
after domestic enquiry.He has challanged
termination before Labour court under M.R.T.U.and P.U.L.P.Act 1971,and has sought stay on orders asking him to vacate quarters.Can Labour court grant
such stay?Any case law on sec.630 of the companies Act 1956?
N.K.Assumi
09 November 2008 at 06:58
What is the main function of Chamber of Commerce? Is it competent to collect fees or tax etc from the traders such as shops, hotels etc as membership fees though they are not members of chamber of commerce? Please elaborate me.
srinivas
04 November 2008 at 15:35
situation:
Mr.A defaults repayment of housing loan taken for purchase of a site and construction. The nationalised bank calls for an auction in its premises and sells the site to Mr.X in the auction. Mr.X has paid full consideration for the site but the bank has not yet registered the site in the name of Mr.X even after 22 months from the date of auction. When Mr.X verified the property documents which were with the bank which the bank did not give before the auction the bank did not have all the documents required for registration of the property in his X name. so Mr. X insisted the bank to induct the indemnity clause into the certificate of sale and to provide all the necessary documents required for registration but the bank is just deny Mr.x that they cannot give any documents nor they will induct the indemnity clause. When Mr.X verified a copy of the sale deed of Mr.A which Mr.X received from the bank , Mr.X came to know that the bank officials have released the loan to Mr.A even for construction when there is no construction at all and they are fearing that if they induct any indemnity clause they may be in trouble for any future problems that may araise in the future.
What measures can Mr.X take to get the site registered in his name?
Several requests to various officials of the bank have failed to get any response from the bank.(at the regional levels & h.o.level)
V V SATYANARAYANA
01 November 2008 at 17:54
Sirs,
In the the year 2002 in June & August we have procured 3 cranes at a cost of Rs. 1 crore each from a reputed cranes manufacturing in India.
In August 2004 we have purchased one more crane from them. Right from the delivery of the equipment at the site, these machines have not been performing and persistently giving troube and we could not get desired production from these 4 equipments. Though the Seller was attending but never the problems were sorted out. If a defect is rectified again another defect would crop up like that.For rectifying these defects also we have spent lakhs of rupees on each of these 4 cranes. Made full payments to the Party except in one case where we have deducted very little towards non-performance (there is no legal dispute for this deducted amount).
Finally the Seller stopped manufacturer stopped the manufacture of these cranes from 2006 or 2007 that means there might be some design fault or so. We have made several correspondences by way of lodging complaints highlighting the problems right through.
Can we at this stage can write to them to compensate for the losses we have suffered or can we approach the Consumer Forum for the deficiency in service.
Is there any remedy available to us and whether we have lost the opportunity under Limitation Act.
Kindly give your opinion as to what best we can do for redressal.
Thanking you,
V.V.Satyanarayana
A K SARAVANAN
01 November 2008 at 12:19
I WOULD LIKE TO ENTER A PARTNERSHIP FIRM. THERE IS NO CAPITAL IN FIRM.
WHAT AMOUNT I BOUGHT STAMP PAPER AGREEMENT. (RS. 100 OR RS.300)
SARAVANAN AK
A K SARAVANAN
01 November 2008 at 12:19
I WOULD LIKE TO ENTER A PARTNERSHIP FIRM. THERE IS NO CAPITAL IN FIRM.
WHAT AMOUNT I BOUGHT STAMP PAPER AGREEMENT.
SARAVANAN AK
vishwas shenoy
31 October 2008 at 17:14
Hi,
I would like to know in detail about this SARFAESI act. i'm confused whether this act is about converting the Loan into securities to sell them off for the purpose of realising the amount now or is it about selling the securities in the loan which are classified as NPA.
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Negotiable instruments act /death of the complainant
As I understand this a criminal complaint.So the attorney should not be allowed the proceed the case.