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Anonymous   20 March 2018 at 17:01

Money lending act & p2p lending portals

Peer to Peer Lending platforms act as exchange between one individual wanting to borrow & other one to lend. Both are individuals. P2P portal acts as payment gateway & broker between these two individuals in Money Lending & Borrowing Activity. There could be multiple transactions by an individual for lending to one or more individuals. The agreement & PDCs are part of documentation. PDCs are fvg P2P portal. Agreement is tripatriate. P2P portals are not registered NBFCs. Such Lending is legitimate in view of almost every state having their own Money Lending Act. Can Lender or P2P portal file recovery suit or cheque bouncing case in case of default by borrower.

Hari Singh   20 March 2018 at 14:23

Question regarding power of authority

CAN THE ASSISTANT COLLECTOR GRADE 2 COOPERATIVE SOCIETIES NEW DELHI CAN ISSUE ARREST WARRANT FOR THE RECOVERY OF THE LOAN TAKEN FROM A COOPERATIVE SOCIETY U/S 69 DELHI LAND REVENUE ACT OR NOT?

Hari Singh   20 March 2018 at 13:58

Stay in execution of money decree

dear sir madam I want to mention that am government servant posted as a teacher in Delhi Govt. and I was directed by the court to pay the decretal amount in a civil suit .of which the same is being deducted from my salary.
due to the fact that the money decree is being taken from me on forged and fabricated documents .of which I have also registered an FIR against the opposite party, under such circumstances I do not want my salary to be executed and want a stay for the same my question to you all is that how that stay could be achieved when the RFA in the high court is dismissed as early as possible.
1. that what should I do for immediate stay order?
2.that my advocate has filed an SLP in the apex court but the hearing is to take place, I want to know what matter should we include in the same to get the stay order as early as possible?
3. that the opposite party also do not have any money lending license?
4. that the income tax act 269-SS is also being implicated!
5. that at last, i want to know that what main points we should add in order to get execution stayed as it is important?
6. is SLP in the apex court will prove to be beneficial and any other remedy regarding the case may be suggested?
7. please answer my query as it is very very urgent as early as possible?

Syed Niyamathulla   20 March 2018 at 13:05

Quorum of trust.

One registered Trust has five trustees and quorum is 3. If two trustees resign, will the quorum also becomes 2, per Trust Act, or the Trust Deed modification required for two members as quorum?

Vikram Singh   20 March 2018 at 12:05

Demand draft refund

I have given a demand draft to a company on jan-2017, but after few weeks the company was banned by some legal issue, my demand drat which was submit to that company is still not withdraw / cashed as on mar-2018. please advice me what i have to do to get my money refunded.. i already complaint to bank but they are saying that the refund can be done by presenting the original demand draft. please suggest me what i have to do..

Anonymous   20 March 2018 at 11:54

For separate/new ration card

I am married from last 5 months and now I want to apply for new/separate ration card from my family. Which documents required from my side and from my wife side. And what is the procedure for the same. Please let me know.

Prashant   20 March 2018 at 11:54

Partnership

Hi,

We have a factory by name xyz .The land is located in government industrial area. It has 4 partners having equal share of 25% each. But as per the government the first partner should have 50% share and also partnership deed is done as per government which says first partner should be 50%.
But in reality we have invested equal i.e. 25% share for the factory, but in partnership deed it is 50% for the first partner.

How should we make legal documents which says all have invested equal in the factory but due to government rule we have made the first partner as 50%. Which in reality all are 25% owners.

Thank you

Regards,
Prashant

Aadya Joshi   20 March 2018 at 11:44

Banking forcing payment on second credit card

Hello Sir
My self Aadya from Mumbai.
My issue is on credit card payment.
Sometime back I had opened a joint account with my friend(room mate) with ICICI Bank since we were doing a small business of birthday party set ups. The bank issued us two credit cards with a limit of 1 L together.
All was fine until sometime back when my friend got married and moved out.However she still continued to use the credit card and ran up a bill of approx 40 K.
She is now refusing to pay this amount and the bank is after me to pay the amount even after explaining them multiple times that the transactions were done on my friends card only without I being aware.
The bank is insisting that I pay as I am the primary holder and adding penal interest daily on the same every month.

Right now I dont know where my friend is as she has changed her numbers and not replying on mail.

What should I do.
Plz advice

Aadya

Phani Kumar. D   20 March 2018 at 11:20

Refund of surety amount

Sir,
After disposal / acquittal of Criminal Cases, how can get back surety amount from the Court in Andhra Pradesh.

Piyush   20 March 2018 at 11:19

Regarding caste certificate

Recently in Bihar govt. has removed Tanti caste which is a sub-caste of Pan from their OBC list so it automatically comes under SC in Bihar but in centre Tanti caste is still under OBC list at number 48. In Bihar they are making my caste certificate from SC and only signed up-to S.D.O. (means caste certificate is valid in Bihar only) that also in state govt. format . But recently i had interview for Insurance company and they asked for certificate in central govt. format for which the sign of D.M. is also required , when i asked them they said D.M. wont sign it. So my question is can i get OBC caste certificate in central govt. format as my caste is still OBC in centre but SC in Bihar.