Please quote any case law or other authentic information on legal enforceability of an MOU.
IN A PVT LTD COMPANY WHEN THERE IS A MANDATE TO OPERATE THE ACCOUNT BY TWO OF THE THREE DIRECTORS JOINTLY AND THE PARTICULAR RESOLUTION CHAIRED BY THE DIRECTORS HAS RECEIVED PROCEEDS OF THE CHEQUE/ OR BENIFICIARY OF THE CHEQUE SIGNED BY THE ANOTHER DIRECTORS CAN THIS PAYMENT BE REGARDED AS PAYMENT TO THE COMPANY OR TO THE DIRECTOR AND MONEY BE RECOVERED FROM THE COMPANY OR CANNOT BE RECOVERED FROM THE COMPANY.
Sir,
can any one tell me the meaning of Equitable Mortgage.
My perception is if the Company has secured loan over some assets, raising another loan or borrowings with the same asset as security. Is it correct
please clarify
saravanan
Dear Sir,
Kindly advise which one is the best book of Indian legal drafting? In my office i have to draft various agreements like cost allocation agreement,Memorendum of understanding, development agreement etc i hardly become able to manage any format in the books I have.If I get any reference from U it will be helpful for me.
Regards,
Asish
an exparte award by arbitrator is passed at Kolkata but the person against whom award has been is a resident of Jharkand state where all transactions/cause of action took place,can he file an appeal against the award before the Jharkhand High Court ?
Differnce B/W Memorandum of Understanding & Agreement
Regards
Saira Bano Siddiqui
Student CA-Final
Dear Sir,
Mr.Neeraj was having an OD current a/c.in syndicate bank. After one year neeraj has not renewed his OD a/c.Rather he prepaid the amount of OD through Bank of Baroda take over. But,the branch manager of syndicate bank charged 2% when Neeraj has closed his a/c & prepaid the amount.
Neeraj requested the manager to get/give him the copy of clause/term & conditions of bank,bcos Neeraj has not prepaid his OD amount before one year,thats y he wants to cheak, is he liable to give syndicate bank 2% prepayment charges.
What can Neeraj do to get the copy of clause/term & conditions of syndicate bank? Is neeraj liable to pay 2% prepayment charges,closing his OD account after one year by Bank of Baroda take over?
please give sections / AIR / Judgements if any for support.
Thanking you.
whether all the accounts can be declared as NPA by the bank if one of the account has been declare as NPA earlier under the SARFAESI Act.
whether all the accounts can be declared as NPA by the bank if one of the account has been declare as NPA earlier under the SARFAESI Act.
Happy Holi
Dear All,
I would express you all my best wishes for Holy.
May the almighty give you all the pleasure and welth.May the freindship become more and more prominent.
With best regards,
Asish