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A V Vishal's Expert Profile

Queries Replied : 5092

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    What kinds of questions I can and can't answer?
    My forte is Direct Taxes and Corporate Matters, I deal in Formation of companies, creation of partnerships, trusts and societies.

    My area of expertise
    Income Tax, audit, Company Law

    My experience in the area (years):
    15 years

    Organizations I belong to:
    Vishal Associates, Janardhan Rao Deshmukh & Co

    Publications or writing which has appeared :


    Educational credentials:
    B.com LLB

    Award & Honors:


  • Ratthapala says : Public Charitable Trust in Himachal Pradesh
    Dear Vishal, I am an American Buddhist monk currently meditating in the Himalaya. Our Sangha is considering to establish a Public Charitable Trust in HP and establish a meditation centre for public good. 1.What are the Acts and relevant laws involved ? We went online and it is said that "It may, however, be noted that the Indian Trusts Act does not apply to public trusts which can be formed by any person under general law. Under the Hindu Law, any Hindu can create a Hindu endowment and under the Muslim law, any Muslim can create a public wakf. Public Trusts are essentially of charitable or religious nature, and can be constituted by any person." How should we proceed ? 2. What are the necessary considerations ? We have received inconsistent legal advice from local lawyers who showed us The Indian Trust Act,1882 as guidelines. 3. Can we establish a Public Charitable Trust first with a sum of money and purchase land for the meditation centre afterwards ? Thank you very much. Looking forward to your advice. Yours sincerely, Ratthapala Bhikshu

  • Ajay says : validity of 13(2) under sarfesi act
    sir i hv gone theu sarfesi act,bank has issued me 13(2)notice and ask us to repay entire santion loan amount where as we have paid 25% principal also.But bank asking entire snaction loan amount,neither they have given any account statement also,further 13(3) say they need to give detail of property which is also not given,hence whether notice valid or invalid

  • Ajay says : DRT MATTER
    waiting for your reply

  • Ajay says : drt matter
    Dear sir We are from bangalore,inspite of our repeated request bank has forcibly make my account NPA and issue us 13(2) notice later possesion notice and publish in paper also.we took unconditional stay from DRt court but after 2 hearing court suo motto vacated stay.We move to DRAT Chennai to ask to continue stay till disposal of case in DRt Bangalore but we feel DRAT chennai is delaying and if bank takes possesion of my property than it will be a problem.So i hv two idea either file a caveat in magistrate court so that when bank move we got information and fight with bank other option if DRAT delay than move to Bangalore High court.We move to DRAT Chennai on monday to advacne date and make early hearing. Hence we are loking some good advocate having banking law knowledge also in Bangalore.

  • insaniyat says : hello
    How are you? Can you tell me that is it necessary that the accused A1 must be present during DV trail? What if he absent on many hearings and submitting 317 to show he is ill? thnx in advance.

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