Suresh Venkatraman
28 October 2008 at 10:20
In an agreement to construct a flat, the builder has inserted a clause which has the following phrases
1. in the event of disagreement or dispute between the builder and the client, the issue will be referred for arbitration
2. that the client has no objection to such arbitrators being nominated by the builder unilaterally without seeking consent of the client
3. Such arbitrators may even be employees of the builder's firm.
Of three, the third seems patently against the laws of natural justice: 'no man shall be a judge in his own case'. However is there any thing in the arbitration act or in case law that explicitly forbids this.
Rameshchandran
23 October 2008 at 16:15
Dear members of legal fraternity,
I want to clear my doubt with regard to the demat account. Everybody know that the present situation of the global market and recession and liquidity problem.
Inorder to resolve this issue, why can't the government can allow the inversters to open and invest in demat account without giving the details of source upto 10 lakh, so that the black money will flow into the market and we can save the indian economy from global liquidity and recession.
I expect every bodies valuable sugession in this matter to acquire knowlede and share the ideas.
thanking you
With regards
Ramesh
sagar madan
21 October 2008 at 22:14
A member in a sec 25 company keeps on sending letters(relating to the annual report and the functioning powers of the Board) and had also filed a comlaint with the ROC against the companies directors and its functioning....the solicitore replied and reiterated time and again and asked him to excercise his right as per the AOA and come and inspect all the documents with a prior appointment during working hours.he has further gone and sent another set of letters repeting the same thing that he wants all the explanation related to accounts etc in writing.
Is there any provision under the Companies Act or other Acts through which we can restrain him to harassing the Sec 25 Company and its directors?
DEVENDRA SARAF
21 October 2008 at 23:16
Who is responsible bank or credit card holder for fraudulent credit card transactions? What's the redressal mechanism?
Chhaya Soni
21 October 2008 at 02:50
Respected Lawyers,
I want to know wat percentage or amount of entertainment tax one has to pay on production of the Marathi Film in Maharashtra, who is liable to pay i.e. a producer, director or distributor, to whom to pay and within wat period it has to pay, would be grateful for the reply.
jagan
20 October 2008 at 22:40
Dear Experts!!
One and Half month back an amount of 7000/- debited from my account - SBH.
after several complaints,i got response from the bank employee that, it was BANKS MISTAKE.
but still they have not refunded my amount.
Can you please suggest me something which banks will not repeat of this type again to any of the customer.
Sandip
17 October 2008 at 00:29
We got a bottel 3ooml of coca-cola brand which contain lot of dust particle inside. Company's executive visit & observe bottel he agree with fact but till company dont want to compromise with us. So what legal action we take against coca-cola company
tarun
16 October 2008 at 11:17
We have bought machines from one company in USA, regarding payment they requested that amount should be sent to Parent company on behalf of sister company (seller company) working under parent company.
They have referred to such arrangement as accepted commercial practice in the field.
I wish to know how far such commercial practice is recognized and whether it will also holds good in international arena ?
Plz guide and support
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Sarfaesi Act
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.