the rights of the party in illegal agreements in contract Act

Hi experts,
I know that in contract act if the agreement is illegal, the collateral events also become unenforceable. Suppose Bank is lending money to a person, who uses it for his illegal buisness. Can the bank enforce the contract, which is collateral to a void agreement.

Insurance-Third Party, Own Damage or Consumer Law

Customs Tariff & Duty

I would like to import some garments machinery from aboard for resale in India.
I have few queries, please guide me:

1. What is the difference between Custom tariff and Custom duty?

2. What is the rate of custom tariff on garment machinery and how it is calculated on a machine costs about USD 10000 ?

3. Wheteher custom tariff is calculated on cost price of machine or at FOB or CIF ?

4. What is the possible shipping freight from Singhai, China to Kolkata Port, India?

Hindu undivided Family

Repected Sir,



I want to know future problem in respect HUF, in context of property

amalgamation (purchase or merger)

could i get a few excerpts of relevant case laws on the topic 'amalgamation'. i hope to hear from you soon...

amalgamation (purchase or merger)

could i get a few excerpts of relevant case laws on the topic 'amalgamation'. i hope to hear from you soon...

Pyramid schemes

Sir,

It is well known that Pyramid schemes,chain referral.binary compensation,matrix marketing schemes are
frauds and duping lakhs together people in
India.Is any law to curb them?If not why
there is no strict laws regarding in India.For Ex:-Quest net company is in the
news in Karnataka for the same.

Thanking you,

yours sincierely

Ghouse Mohiddin

Hindu undivided family

If i were to form HUF

than what are the benefits from Law point of view

as agst forming a company

Appointment of Additional Director

Sir, we have appointed two additional director in the Board of one of our company. Due to some disputes , the accounts were not finalized and as a result no AGM could be held till date. So in such a situation, the office of additional director in the company get automatically disolved as on the due date of AGM ? Can the additinal director be regualrised in EOGM to be duly conveyed in absence of AGM? Whether FOrm 32 has to be again file if Additional Director is to be regualrised in the Private Company?

International Business

Dear Sir,
I have placed a order to buy some chemical to a Hong Kong based company.After negotiating the deal,they send us the P.I. & i have done the T/T according to that.But after receiving the T/T ,the company refused me to send the material at agreed price and ask me to increase the price abnormally high which i refused to accept.

Now,the company is neither agreeing to send us the goods nor is it ready to refund me the amount paid by me.

Kindly let me know what i can do in this matter?? How can i either force the company to deliver me the material or refund me the amount paid by me.

Thanks & regards

Sunil