Whether premia on prepayment of loan is reasonable and give me the relevant case laws
Sir,
I want to make settlement with icici bank in respect of credit card payment the bank give me following settlemet letter i want to know whether the letter is proper so that i would not have face any legal precedding in future i will be thank full if your godself suggest me any other things in this regard.
Date : 11/06/2009 Ref : ICNO1DEL/062009/9328/2
Private & Confidential
Santosh Kumar Jha
Shanti Construction P ltd
S2 Gate No-1 Badli Ind. Area-1
Delhi
Sub : Settlement of dues on ICICI Bank Credit Card Account # 4477468607818007
Dear Sir/Madam:
This refers to your discussion with the representative of the bank.
In View of the exceptional circumstances as explained by you, we confirm the acceptance of Rs.27,000/- (Twenty Seven Thousand Only) in 2 (two) monthly installments as full & final settlement on the above mentioned card account by cash/cheque.
REPAYMENT PLAN 1st instalment of Rs. 13500 payable on 14/06/2009 , (cash)
2nd instalment of Rs. 13500 payable on 07/07/2009
The above full & final settlement is being granted on a one-time basis without setting any precedent and timely payment is essence of this settlement offered to you.
Should any cheque issued after the date of settlement letter be dishonoured or amount of any installment is not paid within aforesaid due dates, the above settlement would stand null & void, and you would be liable to pay the entire revised outstanding as per the current status.
This communication is expressly in reference to the above card account only and is strictly confidential.
Yours Faithfully,
For ICICI Bank Ltd
Authorized Signatory Received & Accepted
(Vineet Tangri ) (Santosh Kumar Jha)
Dated : ____/___/___
We are manufacturing exicisable goods paying full rate of exise duty. We can avail service tax credit. Please tell me which credit we can avail ?
Out of Telephone bill, Bank charges, Labour charges, carriage bills, consulation fees, repair charges of machinery, manpower supplier or any other
As per section 28 of the Contract Act, any contract abosolutely restricting the legal rights are void to the extent of that restriction.
However, if both parties to the contract, agreed to resolve the proceedings through Arbitration, can any party go beyond that and may file a legal case on any disputed matter to the Court / High Court.
Further my second question is that,
4-5 companies have executed contracts seperately with GOI. They have also formed an association for their benefit of them and to protect their interest against any deteriment. that association is not the party to the contract.
Can that association file a case against GOI against any dispute if arises i.e. can that association being association of all 4-5 companies be a party to the contract.
If yes, can it file a case in the High Court when the parties agree to resolve the matter through arbitration only.
As per section 28 of the Contract Act, any contract abosolutely restricting the legal rights are void to the extent of that restriction.
However, if both parties to the contract, agreed to resolve the proceedings through Arbitration, can any party go beyond that and may file a legal case on any disputed matter to the Court / High Court.
Further my second question is that,
4-5 companies have executed contracts seperately with GOI. They have also formed an association for their benefit of them and to protect their interest against any deteriment. that association is not the party to the contract.
Can that association file a case against GOI against any dispute if arises i.e. can that association being association of all 4-5 companies be a party to the contract.
If yes, can it file a case in the High Court when the parties agree to resolve the matter through arbitration only.
Artist Mumbiram,an Indian citizen, has been married to Nadine Grenz, a german national, since 2002. Their India-born son Hansraj has a German passport. Their application on behalf of Hansraj for a routine 5-year visa extension had been stalled by the Pune FRO and then by the Alibag FRO for a period of 3 and 1/2 years. Also the Alibag FRO had refused to register Nadine for a period of 1 and ½ years thereby making it impossible for her to apply for a further 5-year visa extension..
Encouraged by advice on this forum of Lawyers Club we filed a writ petition in the Bombay High Court under articles 226 and 14 of the constitution making the Govt. of Maharashtra and the MHA Respondents along with the FROs.. Upon the intervention of the High Court the Respondents processed and granted the requested visa extension to Hansraj, without any new documents from the Petitioners, within 6 weeks. Also the Respondents duly registered Nadine Grenz, accepted and granted her application for further 5-year visa extension, also within weeks. It is now clear that the Respondents had stalled the Petitioners’ legitimate requests arbitrarily and oppressively for an inordinately long period for no fault of the Petitioners. It is mentionworthy that Artist Dr. Mumbiram represented personally the Petitioners in the 3 hearings of the case.
In the WP the Petitioners have listed damages suffered by them by being made defaulters in the eyes of law for no fault of theirs thereby depriving them of their ability to travel freely within India, enrol Hansraj in educational institutes etc. The petitioners had asked for compensation for damages at the rate of 5000 Rs. Per day for every day of delay over a reasonable period of 1 year.
As the (interim) relief has been achieved, the Court inquired whether the Petitioners would like to withdraw the Petition. The Petitioners expressed their desire to request for compensation as a Public Law remedy for violation of their Fundamental Right to equal treatment under law, as distinct from compensation for damages in private law in torts. The petitioners asked for leave to amend the Petition for this purpose. The Court thereupon advised the Petitioner to make a ‘Civil Application’ for that at the next hearing on June 24.
How is this Civil Application made ? Is there a format to be followed ? Do we already need to include supporting arguments and quote precedents of SC cases where ‘in appropriate cases’ such compensation has been awarded ? We need the full quotations for the following citations: (Nilabati Behera v State of Orissa, 1993) 2 SCC p758 para 10
.(M.C.Mehta v Union of India , 1987, 1 SCC p.408 para 7)
Could anyone provide us these citations ? Other citations where such a compensation has been awarded recently ?
I am in urgent need of fallowing caselaw of Supreme Court
(2005) 1 SCC 705
ATMARAM PROPERTIES LTD vs. FEDERAL MOTORS LTD
unfortunatly I am not having the SCC so please help me if you have this caselaw; post (plz send it also at: jainodin@gmail.com) in .doc or .pdf format.
Thanks in advance!
Sir/ Ma'am,
What is Sublease and Sublicence? And what are the Indian Laws relating to it?
dear all
assessee filed allhis returns u/s 44ad prior to audit u/s 44ab for the year 2006-07.
opening capital and WIP shown at 12.5 and 8.5 lacs respecitavly
working since 1991 and filling returns regularly since 1999 on notional basis ie @8%
how to justifie opening balances of capital and work in progress
pLEASE PROVIDE Draft HUF Deed
Dear all
IF ANYONE HAS DRAFT DEED huf PLEASE PROVIDE.