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anckoora   11 July 2009 at 18:24

Int. on late payment.

dear sir,

we had purchased goods from a supplier under their invoice. Due to some reason, we made payment very late. They have been asking us to pay the interest on late payment @ 24% of the bill amount. In their invoice there is a condition printed on invoice that delay payment will attract int @ 24%p.a.
We are ready to pay 50% of their demand-which they have rejected. Now they have sent legal notice thro' advocate to pay within 15 days' time.
In case of legal action against us, what are the points we should put before the court ? How much time this case will take to finalise / judgement ?

thanks in advance.
anckoora

Shahzad I   11 July 2009 at 11:40

Personal Loan & Credit Card

Hi,

I had taken 7 personal loan , 2 car loans & also have credit cards from 4 banks. I have managed to close 2 car loans and 3 personal loans, few loans were provided on the basis of my clear credit rating and track records, but due to recession i had lost my job and i have been unemployed since last 10 months and till Mar 09 i had paid ll my EMI and have exhausted my savings and now i am not able to pay my EMI and Credit card dues. Currently am completely broke and the respective banks have started harrasing my family members and have used abusive language on call while informing them the situation. i managed to pay some amt borrowing it from my family & friends. Due to unemployment i am not able to pay any due and am getting legal notices from advocates and Brihan Mumbai District legal service authority. Currently and until i get a job i am not in a position to pay off my loan and the layoff,these notices and calls have actually effected me mentally & physically. Please advice on what can be done in these situations as its just effecting me & my family

Member (Account Deleted)   11 July 2009 at 10:40

Suit for partition

The owner of a property (residential house) died leaving 2 son 2 daughter. Both daughters are married. Before death the father made a document and registered it.
Title of the deed is DEED OF FAMILY SETTLEMENT.
It starts with,, This indenture is made…..between MR. A (the father) …referred to as SETTLOR And between Mr. B & Mr. C …….referred to as TRUSTEES.
The deed creates a trust and transfers the property to the trust. It says that the daughters shall have no right or interest in the trust property. Two sons will manage the trust property.
Second part of the deed says ‘that upon death of the SETTLOR the trust hereby created shall come to an end and the said trust property shall automatically and immediately vest upon the settlor’s two sons in equal share freed and discharged from the trust. No other heirs of the settler shall have any right or interest in the property.
The deed was signed by the father (settler) and two sons (trustees).

The fact is one of the daughter stays in the same house continuously till date even after marriage with her husband. She is having possession of 1/3 portion of the property.

Now one of the brothers filed against the other brother a Suit for partition claiming ½ share of the property. On strength of the second part of the deed. But no sisters are impleaded as defendant.

My question is what is the nature of the above deed? Is it a trust deed or a will or mixed in nature?
Whether the Second part of the deed can be treated as a will? If so can a partition suit maintainable on that?
I think if it can be treated as a will then proper course was to take a probate. Am I right?

I am for the defendant brother. The defendant brother and other 2 sisters wants the property be equally partitioned each getting equal share. ¼ th each.

Seniors please guide….

koteswararao   11 July 2009 at 00:56

gift deed

can a unconditional gift deed be revoked unilaterally in andhra pradesh and can the registrar register the property even after the matter has been filed in the court.

MUKESH GAUTAM   10 July 2009 at 19:52

drafting of pleading and conenancing

Dear Sir,
1.Please send me the maing ,definition & object of Pleading

2.Please send me the maing ,definition & object of Plaint

3.Please send me the maing ,definition & object of written statment.

Sir, Please send me as soon as earliest becuase of 14th july is my viva. I will be grateful to you.

mukesh gautam
9811508060

Sandeep Jani   10 July 2009 at 19:35

banking law

dear sir(s), my question is as follows...
i am working in a bank and we gave a loan to mr. A. and mr. B was a guarantor for mr. A. now mr. A is not repaying the loan. so it was decided to recover the dues out of the property of mr. B who was a guarantor....now the situation is that mr. B has formed a hindu undivided family and now the property of mr. B is belonging to that H.U.F.....my question is that can we sale this property now and recover our leagal dues?

Pramod Kumar   10 July 2009 at 19:04

Difference between Original Suit and Original Petition

Dear Members,

Could you tell the difference wherein in what type of cases Original Suit is filed and in which other type of cases Original Petition is filed.


Regards,

Pramod

BalaMurugan   10 July 2009 at 18:29

Birth Certificate

My birth certificate was not registered. How can I get my birth certificate.

Please provide me the procedures to get birth certificate,

Thanks,
BalaMurugan.S

Dr.Gaurang N. Gandhi   09 July 2009 at 23:05

To join mother's name

Sir

There is a question arouse in my city that

A lady do not want to join her husband' name in school admission of her daughter.

There is a serious dispute between the spous.

Problem is that the girl not know who is her father? because whith in a month of her birth her father leaved home and refused to back and also refused to give any maintenance to them.

The lady had filed a pitition under sec 125 of CrPC.


Now please guide me what should the lady do?

If possible Please send me some landmarked Supreme Court Judgements.

Because the teachers are also in darkness regarding the point.


We need judgements regarding to join mother's name in school register instred of father's name behind the child's name.... this is urgent...

SANJAY   09 July 2009 at 09:49

wills

Society if asking for a probate to the will for transfer of a flat in case where a Parsi has died and he has bequeathed his flat to his daughter who is his only child. His wife has also exipered.Is a probate for the will necessary. Or is there any way in which the flat can be transfered ?Property is in MUmbai