in I&B code can a company file a case against an individual or proprietor for non payment of debts
1)A khas procession was rented in 2004 for one year.
2)The rent agreement was renewed 2005 for one year.
3)After 2005 , rent agreement was not issued.
Land lord never issue rent receipt.Original of all rent agreement
is lost , XROX copy of rent agreement is there with landlord.
Tenant have no agreement copy only XROX.
From 2005 end till date , land lord not accepting rend.
Asking to vacate the processing verbally .Tenant were asking time.
on 2017 , land lord file for eviction suit.Now tenant is saying that
he has paid up to date and not rent receipt was issued.As landlord
can not show ,the counter part of any rent receipt , he claim that,
the payment has been made over hand.
a)If landlord is not able to produce counter part of rent receipt.
Will court consider full payment by tenant ? Landlord can not
ask for default of payment ?
b)Tenant has made alteration of the property without consent and that have accepted by
tenant in the court.Is this a valid ground for eviction ?
c)XRAOX copy of agreement can prove Tenancy ?
d)Tenant has no paper , only XROX copy of the Agreement.
Will it be difficult to evict them?
d)Landlord daughter and her husband has no own house.Both govt employee.
Both are eligible for Govt Qauter.Landlord want to gift this property to his daughter
and daughter want to demolish exiting structure and build new by taking housing loan.
(Currently Tenant or his relative does not stay this house,it is too old and damaged)
Is this reason is sufficient for reasonable requirement ?
Served Demand notice - NCLT Form 3 & 4
Now need to to file NCLT Form 5 .....need leagal assistance to file in NCLTbangalore
Hello all,
I am incorporating a new company through SPICe - 32 so I am leasing a property for 3 years to use as office from a 3rd party.
So now wanted to create lease deed in the name of company as proof of office address that can be submitted to MCA in SPICe - 32 form. Since it doesn't exist legally so I can't do it.
How to make lease deed before incorporation for the company? In whose name ? How ?
Hi,
I am incorporating a new private limited company in MCA(RoC)
So, I am leasing a property for 3 years. But the company isn't Incorporated yet !!!
Question 1 - How/What kind of lease deed I should make ?
Question 2 - Is there any special changes I should make to lease deed ?
Question 3 - Should I register my lease deed ?
Question 4 - Is there any tax payable by lease / lessee ?
Question 5 - What are the things should I keep in mind while making lease deed ?
Thank you
Can we share CCTV live feed with clients (outside India), please advise.
Thanks
Hello
Can we share the CCTV live feed with clients (outside India), please advise.
Thanks
Hi,
I am a woman working in a IT company. I have signed a bond with the company that states that I am to pay a amount of Rs. 120000 if I breach the agreement before the bond ends.
Now, I had some conflict with a management member. However, the issues got resolved in the meeting itself. However, I was immediately summoned by the HR to be told that I should go home as I had behaved with a member of the management. She also said she would get back to after having a word with her lawyer.
I don't wish to work with them anymore because I was a unnecessarily insulted. However, what can they possibly do and what actions can I take to counter them.
Thanks.
Hi
For some years a scheme is being started by eblessingspro.in. And my brother invested in it a month ago and now he is pressurising me and my mother to invest in it. I said a big No. I checked the company and it is registered with the government and so he thiks it is absolutely Legal. So my brother thinks it is genuine. A scheme is there along with other scheme(it have in their website) that invest 270000 and get 24000 each month for the next 18 months.
Please help me what should I do. I want to stop my brother from doing this but he is Not listning and wants us to invest. Please tell me if its genuine and if its not please guide me how so that I can tell my brother.
And please reply soon.
Resolution professional under ibc - his scope of resolution
I am a Third Party Guarantor & Mortgagor towards the NPA of A Pvt Ltd Company which is at the verge of having a RP appointed in the Application under IBC by the lending Bank.My guarantee/Liability Is Limited to My Property allowed as Third Party Mortgage.The IBC Application if filed by Bank against the borrowing Pvt Ltd Company in which the Bank has given description & Value of the Company"s Stock, Receivables etc and also description of My Property.I am not a party in the Application.The Bank"s application is also pending against the borrowing Company and myself at DRT level.I have question, which even the practicing RP is not able to answer in clear terms...
01) Whether the RP so appointed, shall deal with the Due Amount and Assets of the borrowing company only Or RP will also have power to deal with my Assets.
02) the statutory moratorium of initial 180 days shall apply to me at DRT level ?
The Advocate attending DRT says that as per latest position, the RP shall only deal with Corporate Debtor,i.e. the borrowing company and the moratorium shall apply to the corporate debtor only and DRT shall continue to deal with me as a TP Guarantor., whereas the practicing RP opines that since they have to deal with the corporate borrower, and the guarantor also fall under defination of borrower, they shall deal with the Amount Due, Assets of the Corporate Debtors and of the Third Party Guarantor, both.
See DRT level is dealt in by Legal Professionals and NCLT proceeding under IBC is practically being dealt in by CAs and CS, and both have different opinions....
Opinion & Clarification is requested .
Thanks & Regards