lawyers given his report as per avaliable public record in the concerned registry office of the last 13 years. at the time of given his openion that property free from all encumbrances as per search report. borrower can offer mortgage but it is to be suggested to the bank before creation of equatiable mortgage sport varificatipon and enquary must be done by the bank officer.and one affidavit to be taken from the browert the property is not aquired by the Government. but without complaying all the formalities and also not complying the RBI guirdline bank disburse the loan. without taking any action against the borrower , they file one case aginst the lawyerbefore consumer forum allaging his negligence, and he will be liable to pay a sum of Rs. 94,00,000/- as demarage. it is to be mentioned here that he only seen the photocopy of the tittle deed , not the original. original was lying with the bank. in my view bank try to bypass his negligence and startes protracted litigation to save their own negligence. please suggest any judgement/judgements.
hi,
I am searching for the book of
COMPANY LAW & SECRETARIAL PRACTICES
AUTHOR - N. D. KAPOOR
PUBLISHED BY SULTANCHAND & SONS
one nationalized bank brought a complain against a lawyer that he intentionally make a legal opinion regarding a property. the nationalized bank make a complain before the state consumer forum of West Bengal. they complained that the lawyer negligently does not search the property details from the concerned registry office and make this legal opinion regarding this property. bank said the lawyer is negligent to his work but fact is that the lawyer searched the property from the concerend registry office were the public records are not available. the title deed was for the year 1959. this report was given to the bank as a legal opinion only not to pass any loan but the said bank wrongfully and illegaly with malafide intension by scepgotting the lawyer initiated a potracted litigation against the lawyer before the state consumer forum and asking a damarage for Rs. 1 Crore but till date they have not taken any legal action against the borrower.in this regard you are requested kindly help thelawyer by giving your esteem opinion and judgment which was passed by Hon'ble Supreme Court of India, if any or any other related judgment/judgments.
please make clear what are certain acts which are applicable to public company but not private limited company
what are the exemption for forming private limited company
how small company is formed.whether moa.aoa,share,director are required to be made
how small company is formed.whether moa.aoa,share,director are required to be made
how a small company can be formed.whether share,director,moa,aoa is necassary
Hi,
I filled form 1A with the company name as initials of names of the members of my family. it was suffixed with private limited.
The authorised capital I showed was Rs 100,000.
The objectives of the company were:
Primary objectives of DPHM Private Limited is to do leveraged short term and long term investing in Indian Stock Exchanges like NSE and BSE.
My form was rejected with the following reasons:
"abbreviated names is not considered for new co, and less authorised capital for investment SRN should be resubmitted by 17/07/2008.This is the last time this SRN can be resubmitted. Thereafter further resubmissions of this SRN shall not be allowed."
Please suggest me what I am doing wrong here. Thanks.
Dwij
takeover of companies
A LTD ACQUIRED 29 % STAKE IN C LTD.C LTD IS A LISTED COMPANY.B LTD ALREADY HOLDS 21 % STAKE IN C LTD.THERE ARE 7 DIRECTORS OF THE COMPANY .TWO OF THE ARE REPRESENTATIVE OF B LTD. AND FIVE ARE INDEPENDENT DIRECTORS. WHAT ARE THE STEPS TO BE TAKEN TO INDUCT THE REPRESENTATIVE OF A LTD INTO THE BOARD OF DIRECTORS OF C LTD.?