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Chandan Garg   24 February 2009 at 15:38

Revalidation of Bank Guarantee

Pls Tell whether revalidation of Bank Guarantee is Valid on Bank's Letter head or
it has to be again on the Stamp Papers.


viswanaathan A K   21 February 2009 at 18:18

Consumer protecton Act 1986- insurance- Fire floodloss

Pl give the report on consumer protecton Act, That is a loss of Fire. The Building and plant and machinery was about 10 years. There is loss of underinsurance. Pl gve the details.


A.K.Viswanaathan

Heaven 2011   21 February 2009 at 12:29

License Agreement

In a license agreement entered with the licensee there is a clause "it is hereby clarified and agreed that the present demise is for a term of 3 yrs during which period either party can terminate this agreement by giving 1 months notice.After the expiry of such license period, this agreement may be renewed at the option of the Licensor on the same terms and conditions for further two periods of three years each..."

Respected gentelmen, my query is if this agreement is renewed can i incorporate new clause containing new terms and conditions or can i amend or delete this existing clause? Can i have any theory back up for the concerned issue from Indian Contract Act?

Kindly advise.

With best regards,

Asish

Heaven 2011   21 February 2009 at 12:29

License Agreement

In a license agreement entered with the licensee there is a clause "it is hereby clarified and agreed that the present demise is for a term of 3 yrs during which period either party can terminate this agreement by giving 1 months notice.After the expiry of such license period, this agreement may be renewed at the option of the Licensor on the same terms and conditions for further two periods of three years each..."

Respected gentelmen, my query is if this agreement is renewed can i incorporate new clause containing new terms and conditions or can i amend or delete this existing clause? Can i have any theory back up for the concerned issue from Indian Contract Act?

Kindly advise.

With best regards,

Asish

Heaven 2011   21 February 2009 at 12:29

License Agreement

In a license agreement entered with the licensee there is a clause "it is hereby clarified and agreed that the present demise is for a term of 3 yrs during which period either party can terminate this agreement by giving 1 months notice.After the expiry of such license period, this agreement may be renewed at the option of the Licensor on the same terms and conditions for further two periods of three years each..."

Respected gentelmen, my query is if this agreement is renewed can i incorporate new clause containing new terms and conditions or can i amend or delete this existing clause? Can i have any theory back up for the concerned issue from Indian Contract Act?

Kindly advise.

With best regards,

Asish

Heaven 2011   21 February 2009 at 12:28

License Agreement

In a license agreement entered with the licensee there is a clause "it is hereby clarified and agreed that the present demise is for a term of 3 yrs during which period either party can terminate this agreement by giving 1 months notice.After the expiry of such license period, this agreement may be renewed at the option of the Licensor on the same terms and conditions for further two periods of three years each..."

Respected gentelmen, my query is if this agreement is renewed can i incorporate new clause containing new terms and conditions or can i amend or delete this existing clause? Can i have any theory back up for the concerned issue from Indian Contract Act?

Kindly advise.

With best regards,

Asish

Heaven 2011   21 February 2009 at 12:28

License Agreement

In a license agreement entered with the licensee there is a clause "it is hereby clarified and agreed that the present demise is for a term of 3 yrs during which period either party can terminate this agreement by giving 1 months notice.After the expiry of such license period, this agreement may be renewed at the option of the Licensor on the same terms and conditions for further two periods of three years each..."

Respected gentelmen, my query is if this agreement is renewed can i incorporate new clause containing new terms and conditions or can i amend or delete this existing clause? Can i have any theory back up for the concerned issue from Indian Contract Act?

Kindly advise.

With best regards,

Asish

raja_kumar   21 February 2009 at 10:49

Charging disproportionate and multiple penalties for a single transaction

I hold a Barclays credit card.
My credit card statement for the month of January reflected a balance of Rs.180.00 to be repaid on the due date of 22nd January 2009.
I had repaid the above amount on the due dates vide my cheque drawn on ICICI Bank. However, due to some problem in fund transfer between my linked accounts, the cheque got returned due to “Insufficient funds”.
The Barclays credit card alerted me via SMS about the Cheque return and as soon as the SMS was received on 27th January 2009, I had repaid the entire amount due to the credit card thro’ Visa Money Transfer.
Now the Barclays Credit Card had sent me card statement for month of February 2009, charging me a sum of Rs.1235.96 towards penalties. The statement contains no transactions but only penalties towards Cheque return Fee and Late payment Fee as below:

(i) Returned Cheque Fee Rs.500.00
Service Tax at 12.36% Rs.61.80

(ii) Late Payment Fee Rs.600.00
Service Tax at 12 % Rs.74.16

Total Rs.1235.96

I had contacted the customer care service of the Barclays credit card over phone and via e-mail requesting them to waive or withdraw at least the late payment fee since I was a prompt payer of my dues and had never defaulted before. The Barclays credit card had refused to help me and waive or withdraw any of the charges stating that they had levied the charges as per the rules.

I feel frustrated and helpless since I had to pay penalty in excess of seven times of my transacted amount. This is besides the cheque return fee charged by my bankers viz., icici bank.

Can anyone help me in this to proceed further?

What the RBI and the laws of the land can do in this issue?

Shall I pay the card the penalties demanded in part or full (under protest) or stop payment to the card and proceed with arbitration in a legal forum?

Please Help!
Thanks to everyone in Advance!!
Raja_kumar

Heaven 2011   20 February 2009 at 14:08

Job Reference

Dear Sir,

I am a semi qualified Company Secretary and a Lawer and have been working in a reputed Company in Kolkata. My work area is specially Corporate Law. Apart from this I have also drafted and negotiated other legal agreements.

I want a shift from my present Company. Can any of you give me a reference in any reputed Company or reputed legal firm in Kolkata.
I can mail my C.V to the interested one. Kindly also mail at asishsil@yahoo.com.

Best Regards

Asish Sil, LL.B

gitish   17 February 2009 at 17:22

letter petent appeal

hello friends...
this is gitish bhardwaj advocate.

i have an query with regard to can a letter patent appeal be lie in case of order passed by single company judge of high court in matter of appeal from CLB in section 397-398...

plesw give your advice