Is deed writer become wittiness or not?in which section or rules this point mention
my client take lone from a bank before 2 years, after that he is unable to pay loan amount. Bank take action and send notice under sarfaesi act. The case of sarfaesi act runs for the one year in DRT. Notices of auction is also publish in newspapers. In between party arrange whole amount of loan and pay to bank. and case is finish.
My query is that when my client pay all amount to bank the charge
Loan Amount + Interest Amount + Penalties + expenses + Auction Charges.
Is bank is in position to take "auction charges" from party, When auction is not take place. If yes then in what section or in what act?
After doing job in various medical company as a representative for 12 years the last company's seniors (S.M. Z.M. & R.S.M) built a company and they offer me to do the job in that company and said they give me the salary as well as a share of that company. So I joined as an employee of that private Ltd. Medical Company. (I have the appointment letter and salary slip of that co.) Also they give me the 15% shareholding of that company. Afterwards when the directors of that company borrowing a cash credit of 70 lacks from the bank by mortgaging a house of one of the director valuing 27 lacks. In that time they said me to sign in the loan documents as I am a shareholder of that company and i do it. But letter the loan become NPA and now there is no existence of that company. Afterwards I got two legal notice from bank lawyer where they mention me as a director of the company. I go to the bank and the-then branch manager said me that you sign in loan application, sanction letter of loan and in letter of guarantee and there are the seal of director under your name. I go to that company's Authorized Chartered accountant to know the truth. C.A. give me a certificate that I am not a director but only a shareholder of that co. as per M.O.A. and R.O.C. Then I gave reply of that legal notices saying my stand with these documents. But now bank settled to go to D.R.T. Now my question is am I also as liable as the directors of that co. for that loan? I have a house in my name. May bank can occupy my house for the shake of requital of that loan. Is there any chance to justify myself and if my justification of only shareholding and as an employee is right by means of proper document then also bank can do anything to me to repay the loan as i am only a shareholder as well as an employee of that company? Is not it is bank liability or obligation to verify all the documents furnished before the bank because in M.O.A. it is clearly mentioned that i am only a shareholders and my name is not there in R.O.C. directors list. please help me.
Adultary is defined as "unlawful intercourse with another wife to commit adultary with"
I want to confirm that is adultary by man is done with anothers wife (means married woman) only? or it may be done with not married woman?
Hello everyone,
I am basically from punjab, so i m registered in Punjab and haryana high court...
But now i m married and i shift to mumbai (Chambur)...
My issue is that " Is it requirement for migration process from punjab to mahrashtra?" if Yes then what is the procedure....
Hello sir,
In a case Auction is planned by bank of NPA asset. But before auction held, party arrange money and pay to bank all that. Auction is not held but bank manager also want to collect recovery charges (arrangement of auction) from the party. Is bank recover this charges?
Dear All,
pls can any one assist me geting best book for junior civil judge exam & previous question of all exam ( priliminary ,main translation etc etc)
thanks in advance for your advice & guidelines
thanks & regards
Muraaree M
in a certain recent case of high court , there is a judgement that bank could not recover the agency recovery charges from the party,if party pays all the dues before auction voluntarly.please tell me the name of that judgement.
Hello sir......
My case in drt court is running.... But bank,in between the proceedings want to auction my property... I file IA in drt but DRT (Chandigarh) reject my IA..... What i do Now? Shall i move to drat? Is DRAT direct to the drt, to stop the auction till the final decision of DRT? If yes how much DRAT (Delhi) fee i have to bear?
Will matter
Hello... My nana make a will after the expiry of my nana... My mama shows the will which is modified means not true will.... For this can deed writer become witness or not? As my mama bribe the deed writer and become him witness... And my advocate is not clear on this matter.... Plz guide me on this matter with particular section or rules.. so that I also make clear my advocate in this matter... Thanks