Shobhit Jain
08 April 2020 at 21:17
Can banks/NBFCs sell their loan pool(mortgage) in foreign countries under the securitization process?
abhijit majumder
08 April 2020 at 13:21
Dear Professional Friends
Section 131A of Negotiable Instruments Act states all the provisions of Chapter XIV of N.I Act will be applicable to
Bank Drafts also.
My query is what is the difference between Cheque and Bank Draft?
Section 138 of NI Act inter alia states a cheque should be deposited within 3 months from the date of its draw.
Is this limitation is applicable to Draft also?
My third query is :
25. When day of maturity is a holiday.—When the day on which a promissory note or bill of exchange is at maturity is a public holiday, the instrument shall be deemed to be due on the next preceding business day.
What is the meaning of " next preceding business day"
Regards
Abhijit Majumder
abhijit majumder
08 April 2020 at 13:12
Dear Professional Friends
Section 131A of Negotiable Instruments Act states all the provisions of Chapter XIV of N.I Act will be applicable to
Bank Drafts also.
My query is what is the difference between Cheque and Bank Draft?
Section 138 of NI Act inter alia states a cheque should be deposited within 3 months from the date of its draw.
Is this limitation is applicable to Draft also?
My third query is :
25. When day of maturity is a holiday.—When the day on which a promissory note or bill of exchange is at maturity is a public holiday, the instrument shall be deemed to be due on the next preceding business day.
What is the meaning of " next preceding business day"
Regards
Abhijit Majumder
Anonymous
07 April 2020 at 13:52
Sir
I am a co owner of my father's property who deceased 30 year back.property will divide by partition suit in civil court near future.suit is filed by my brother.
Unfortunately, one out sider want to attach my share which will divide by court soon.he filed a case on money dispute against me.He wrote big amount on blank paper which signed by me in a foolish step
.actually, i have to give my share(after partition) to another person, because I have financial commitment with him..So I have to protect my property from the said out sider who filed case upon me.
Pls give me an legal way to this
G.v.karthik
06 April 2020 at 23:46
Hi All,
Beside my house newly a floor mill connection is going to give by electricity department . I need to stop that act .because it will effect the health of my parents & it will create so many problems for my parents and neighbours also.previously that connection is on my father name but now we dis connected the connection due to my parents health issue. Now in the same place new connection is going go to give by electricity department,kindly give the proper advice.
akumar
06 April 2020 at 20:42
Sir, Can anyone please guide me how to learn drafting of legal documents.
Can I learn legal drafting at home during lockdown period.
Please suggest.
Anonymous
06 April 2020 at 19:14
Sir,
I have been given mandate to amend a revocable public trust deed .
It is being done during lifetime of settlor.
The amended deed will be registered,
It was advised to rename the amendatory trust deed to Indenture.
I seek your advise on the following.
1.Whether legally a revocable public trust deed can be amended and under which section.
2. The title of the amended trust deed should be indenture or any other nomenclature.
3.Registration process of amended Trust deed.
2,
Anonymous
06 April 2020 at 14:17
Sir,
I am responding a cheque bounce case( 138) in kerala.there is non bailable warrant against me.now i am in abroad.
Now petitionar ready to withdraw said case by a compromise.how can I compromise this case behalf of me? Because I can't appear there due to my job.can he withdraw the case voluntarily?What will happen to warrant?Pls give me an opinion
shyam lal
06 April 2020 at 10:10
My mother expired after signing a MoU non registered family settlement along with my two sisters ,where in she gives her share to me ,and the rest 25% each to my sister's,& as per the MoU I hold 50%
Question is since the mother has expired,does the MoU have legal binding on three of us or now the property has to be shared @33% each.
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