varun
24 April 2017 at 11:53
Hi,
I have given Rs200000/- unsecured loan to a pvt. limited. company (one of my relatives) in 2012 at an interest of 18% per annum which is duly acknowledged in the balance sheets of the company till date (Principal Amount only). But I don't have any document for the interest committed by the directors. Now, the directors of the company are not paying the interest. They are even denying the payment of Principal amount on account of financial position of company although directors are drawing a salary of Rs100000/- per month which is also mentioned in the balance sheets filed with MOC. The loan given by me is still acknowledged in the balance sheet filed with MOC i.e. FY 15-16. I want to know what are the legal remedies I can exercise to recover my loan amount?
SAA_Bombay
24 June 2016 at 16:32
Dear Experts,
Can a person make RTI application in Co-operative Bank asking for copies of some documents. e.g. bank guarantee. (developer issued bank guarantee in favor of Society, which after few years society resubmitted to developer for further cancellation)
Anusha
24 June 2016 at 15:56
My grandfather is died 4years ago..and he z having 2daughter's 3sons.no is caring or giviving money to my grandmother.0ne house was there in the name of my grandfather. my grandmother is taking rent of that house for past 1year..now her sons are not allowing to take that rent money also..so grandmother decided to take that house in her name.. because she gave field property to 3sons and plots also.. and her sons,also in higher position good jobs.so can u suggest me how my grandmother can take that house without any objection with her sons?????
prabin
24 June 2016 at 14:34
Sir,
One of my friend get a license fronm bharat petrolium for opening a pump, so he nned finance and the land on which petrol pump will start is in the name of my and friend, now if we make a partnership deed with equal share and run the pump is it valid under partnership act and indian contract act,
pls advice
Regards
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