Hi,
I want to know whether a charge on land,building etc assets of an Indian SPV can be created in favour of a foreign lender?Whether an indian entity can be roped in as a trustee in the transaction?
The structure is as follows:The Indian SPV is having controlling promoter/sponsor entity in Mauritius/Cyprus.The lender is extending longterm loan(ECB/Structured long term loan) to the Mauritius/Cyprus entity.The underlying assets which will be required as collateral,mortgage are physically located in India.The foreign lender will require comfort in terms of charge on indian project assets of the indian SPV and appoint a trusteeship company as a trustee towards the mortgage/charge.Whether such a legal transaction is possible as per our regulatory laws?Which laws will be applicable to the same? Please help
what is the remedy available to preference shareholder In the event of failure on the part of the company to redeem the shares on the date of maturity due to losses incurred by it?
Hello eveyone,
I wanted to know if a foreign company has a wholly owned subsidiary in india and it wants to take a loan overseas from a foreign bank, can in such a situation in lieu of the loan there be a charge created on assets of wholly owned subsidiary in india. Is such an arrangement possible and under what provisions? IF yes, whether FEMA Regulations would be attracted in such a situation? Can a Esoppel Letter be issued by the WOS in India to the Foreign Bank??
the assessee collects the sales tax (now vat)from its dealers in the ordinary course of business but retains the same as per the scheme of the government of gujarat.the said amount of vat collected is restricted to the amount of investmet made by the assessee in the fixed assets.after the amount of exemption limit the assessee shall be liable to pay the vat collected to the govt .the assessee also carries an obligation to invest the said exempted amount in the state within the next 10 years
One thieft case after recovery of thieft article MM Court announced open court required superdari nama. Please send me standared superdarinama draft.
Thanks
A.K.Roy
HI I'm zakir hussain lone pursuing B.A.,LL.B FROM UNIVERSITY OF KASHMIR.I want to know what are the different fields in which a law student can work besides court.in kasmir,there is political turmoil and only courts are available to us.Here the academic value is almost zero becoz the teaching faculty of k.u. law deptt.{only govt institute in valley} is already full
Dear All,
Please advice: can Indian banks issue a bank guarantee for ECB loan?
Regards
Vishal
what is the different between legal guardian and parents?
if parents give some physical pain to son/daughter then there have any law? if have then what is that law?
land matters pune
Dear Sir,
very good morning,
with reference Notification bearing no TPS 1899/290/CR-56/99/UD-13 dated 22/09/1999 issued by govt of maharashtra declaring villages situated in Taluka Mulshi, District Pune as "Hill Station", I have the following query which I would highly appreciate if you may confirm the follwoing|:
1. My employer company has purchased land admeasuring 1 acre in the said designated area and wishes to construct building on the said land. In this connection, I would like know,
what is the permitted area range with respect to the following:
a) BUILT UP AREA
b) FSI
c) ground coverage area
I would remain highly obliged and benefited if you may kindly clarify the above queries or in alternative direct me to the concerned person delaing with the aforesaid issues.