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V.Satya venkatarao   24 January 2009 at 21:03

Re : Legal ownership of pledged shares

We are now seeing more news on the issue of pledge of shares as a security for loans. Memebers may like to enlighten on the specific issue which

" Who is considered the legal owner of the shares after they are invoked by the pledgee owing to default in the performance ofthe loan agreement terms.In invocation of pledge as the shares pledged are trasnferred from the demat account of the pledgor to that of the pledgee.Is this transfer be construed as change of ownership

chiterrekha kala   22 January 2009 at 18:35

Termination of Service Provider service.

Is there any law or Act which can relects that the issuance a termination letter as a service provider to concerned service provider is wrong irrespective to any information/notice to the service provider.

Suggest What can do the service provider against the company to whom service provider is associated for last four years & rendering their services for his/her source of income.

After four years company stopped their services without any notice, Now service provider in debt not in a position to pay their loan from past six month to the loans provided by the same company viz; Car, Personel loan.

Suggest a appropiate steps to be taken by service provider.

akil   22 January 2009 at 09:39

consequences?

i have opened a share trading account with a listed company arihant capital ltd. i lost 50000 bucks. i earn rs 2500-3000 per month as my salary. am a student. out of that i pay rs 1500 to that co. against my dues. he has applied in the court for collection from me. i have already given him PDC's which gets slear without any bounce. wat can the court order from me?

mintu   21 January 2009 at 12:04

Request to help for guidance, comments

Sir/Madam

I have great pleasure in introducing myself to you. I am pursuing Post Graduate Degree in Master of Business Law (M.B.L.) from NLSIU, Bangalore in distance education mode for session 2008-10.

As a part of this course, the students are expected to write a project, to get experience in practical work with a view to equip the professionals with the skill and knowledge which is current and contemporary.

Following are my topics to write projects:

1.CONTRACT LAW: "Arbitration" - A General Study of Legal Provisions (along with Cases)"

2.BANKING LAW:"Debt Recovery Tribunal"

3.CORPORATE LAW: "Take-overs - A Critical Study"

4.INDUSTRIAL RELATIONS LAW: "Adjudication of Industrial Dispute - A Critical Analysis"

5.ENVIRONMENTAL LAW: “International Environmental Law and its Compliance at the Domestic Level”

Project work required its Introduction, explanation of the existing systems prevailing in other countries as well, approaches by the Courts along with legal provisions and cases, comparative study of foreign law and cases decided by Courts in other Countries. More importantly suggestions like change/ amendment if required in present law or system, are mandatory to be mentioned supported by data statistics, survey, filed work if any.

In the instructions, we (students) are strongly advised to go beyond the course materials, to contact, discuss and receive any help, guidance from any knowledgeable persons.

It would be a great help to me if I get your valuable help, guidance, comments on any of the project topics mentioned above. Strict confidentiality will be maintained whatsoever as per your wish. You may refer me to your knowledgeable friends.

Presently I am at Delhi and hope your valuable help and guidance. My email id is minturaj@gmail.com

Thanking you.

With sincere regards,
Mintu Kumar

amit kumar choubey   20 January 2009 at 19:08

Agreements


Respected All,
I would like to ask what one should keep in mind while drafting Amendment Agreements in accordance with previously signed forms.And,To work on Agreements to add funds to umbrella agreements.

Please guide me and one more request if any body having the soft copy pls, share.

I shall be obliged.

Regards,
Amit

shashin   17 January 2009 at 19:34

dishonour of cheque

i had fill up my pass book, the balance is Rs. 5500 minimum balace as per rule of bank is rs. 1000. now i had given cheque to lic for premium of rs 2800. after some days i got intimation from lic that your cheque is not honoured due to insufisunt balance. i had approched the bank then find the problem why my cheque is not honoured. the problem was that the person who had mad entry had seen the other a/c no and return my cheque. now lic had made penalty of rs. 100 to me due to dishonour of cheque and say me to pay compulsorily cash for premium. i had paid with rs. 100 of penlty in cash. i had spent two days of time after this.

now dear sir i want your insturctions that which type of legal action can i take against the bank.

suchitra   15 January 2009 at 23:33

small scale industries registration in karnataka


Dear sir,

Please let me know the procedures of
small scale industries registration
in karnataka.

suchitra   15 January 2009 at 12:53

Register a company

Sir,

I wanted to start a business, Kindly know
what are the procedures to register a company to get a KST No in karnataka.

deepak   14 January 2009 at 16:36

Termination of Contract / Agreement

Respected Sir,

Can a contract / Agreement be terminated by the party by giving to the contract / agreement by giving notice to other party. Specially where there is no specific clause in the contract / agreement governing the termination by mutual consent or by giving notice in writing to other party (where other party is not under default).

If yes can you give me the specific section and / or the Judgment to this extant.

Waiting for your reply and oblige.

Regards
Deepak

Aditya Mudgal   13 January 2009 at 12:50

Hire purchase/accounts

Dear experts,

A very happy new year to you all..

This is with regard to a advance that I wish to give my stockists towards purchasing a storage equipment. I do not want to show those equipment in my books, yet i want to somehow retain the rights over the assets in case there is termination of our relationship with the stockiest in which case i can take the machinery back and install in the new stockiest's premises.
Is there any arrangement by which this can be done?
If i enter into a hire purchase agreement, can i maintain control of the assets and yet not have to show them in my books? Please advice..

Warm Regards,

Aditya