138
Querist :
Anonymous
(Querist) 06 August 2011
This query is : Resolved
Thanks to all for ur reply,
Mr.raj kumar makkad, there is no any property involve in that case. this is loss in business.
Mr.Girish shringi , the point u r asking me is that , my husband was working with HDFC Bank as a DSA in 2008 . he was giving business to bank and bank was paying him 5% on that every month. eg: 50 lac business 5% will b 2.5 lac , suddenly due to market crash bank reduce that 5% to 1% , that time my husband had more the 20 staff and other expanses also , so he started making loss . after that he decide to close the DSA. Then he found that more then 20 lac he have to pay to bank. he covered near about 10 lac from his saving. and now we r in UAE , we r trying to settle here my husband is doing Job. We don’t have money to close that amount and they r calling us again and again from Delhi for the money. My husband’s partner also residing in Delhi but they are not following him. Suggest me what we need to do??
Advocate Rajkumarlaxman
(Expert) 07 August 2011
They how did the loss occur. The cheque issued was under joint venture then he alone cannot be held responsible. copy might hvae been served to the partners also. have you enquired abiut that
R.Ramachandran
(Expert) 07 August 2011
I first want to know what is "DSA"?
R.Ramachandran
(Expert) 07 August 2011
Thanks Mr. Arunagiri, I also felt so.
Then Anonymous has to indicate whether the DSA was a partnership?
Ajay Bansal
(Expert) 08 August 2011
Your husband has to pay amount,demanded by bank.So it is better to make a compromise with the bank.
M/s. Y-not legal services
(Expert) 06 August 2011
