Tuesday, January 19, 2021

SPECIEMEN OF WILL


SPECIEMEN OF WILL

Mr. A , S/O_____, Resident of_______, By religion_______, Do hereby revoke all my previous will and declare this is my last will which I make on this (DATE).

 

I declare that I am in good health and posses sound mind. This will is made by me without any coercion.

I appoint Mr.X, S/O_____,Resident of_______ to be the executor of this will.

I bequeath the following assets to my wife ( wife name)

ü My house situated at_____________(address).

ü My bank balance of my saving a/c number_________ with SBI bank.

ü My fixed deposit in HDFC bank bearing receipt number_______.

 

I bequeath the following assets to my daughter (daughter name)

ü Residential plot located at____________ (address).

ü My car with registration number___________

ü My mutual fund investment with portfolio number_________.

 

Signature of testator

­­­

IN WITNESS WHEREOF this will has been signed by Mr.A  as his last will at______ in the presence of following witnesses:

1)    Witness: _________

2)    Witness: _________

 


Wednesday, January 6, 2021

NOTICE TO QUIT PREMISES HELD BY MONTHLY TENANCY BY LANDLORD TO TENANT

 NOTICE TO QUIT PREMISES HELD BY MONTHLY TENANCY BY LANDLORD TO TENANT 



Date:_______

Tenant name:_________-

You are hereby requested to leave the premises. You are currently renting as my tenant at:

Address:_______

City:__________ State:_______

Pincode: ________

 

You have 30 days from the receipt of this notice to leave the premises. Or I will go to court and seek permission to evict you. The notice is given due to nonpayment of rent. The present amount of rent arrear is Rs____________.

You may redeem your tenancy by full payment of said arrears within______ days of receipt of this notice.

 

 

                                                                                                            ________________

                                                                                                           Signature of landlord.

COMMERCIAL AGENCY AGREEMENT (DRAFTING)

 COMMERCIAL AGENCY AGREEMENT (DRAFTING)


DRAFTING OF AGENCY CONTRACT:


THIS AGREEMENT OF AGENCY is made and executed at________ on 5th day of Monday, January,2019 by and between  Z LTD incorporated under companies act 2013, having its registered office at_________, represented by its director Mr. A having DIN______. ( hereinafter called “THE PRINCIPAL”) of the one part.

AND

Mr. B (hindu), S/O________, residing at________. ( hereinafter called “AN AGENT”) of the other part.

WHEREAS the principal  wants to appoint the agent for their work on such terms and conditions.

ANDWHEREAS the agent after having the offer of principal has agreed to act as agent of principle on the terms and conditions as specified in this agreement.

 

NOW THIS AGREEMENT WITNESSES AS FOLLOW:

1)    That agent is hereby appointed the sole agent of the principle for the purpose of making sale of principal’s goods for the term of______ years.

2)    That agent shall be allowed to deduct and retain his agency commission with himself_________ per cent of the list of all goods sold on the behalf of principle.

3)    No credit sale without the consent of the principal.

4)    The agent shall keep and maintain all books of account and monthly sales records shall send to principal on quarterly basis.

5)    The principal’s goods shall not directly or indirectly re-sold outside the agency district.

6)    The benefits under this agreement shall not assignable to any other person.

7)    That the principal shall be entitled to terminate this agreement by one month’s notice in writing to the agent in the event of his ceasing  to carry on the said business of the principal.

8)    In the event of dispute arising out of this agreement, matter goes to arbitration in accordance with the provision of the arbitration and conciliation act, 1996.

IN WITNESS WHEREOF the parties have signed this agreement in the presence of following witnesses.

1)    Witness : ________                                                                                  principal.

2)    Witness : ________                                                                                  agent                                                                        

 

 

 

 

 

                                                

Sunday, January 3, 2021

CS PROFESSIONAL Corporate governance revision notes PDF ( NEW SYLLABUS)

CS PROFESSIONAL Corporate governance revision notes PDF ( NEW SYLLABUS)






Chapter 11

To download PDF CLICK HERE




Chapter 13 PART-C  INTERNAL CONTROL

TO download pdf  CLICK HERE

FIR FORMAT

 




FIR FORMAT

Date:__________

 

To

The officer in charge.

_______police station.

(Address)________

 

SUB:    Loss of mobile phone

 

Requested sir/madam.

 

I_________,S/O__________,Residing at_____,  on (date), travelling from____to____. I lost/misplaced my mobile phone during the transit somewhere. The mobile was of_____company and______model.  And IMEI NO______

Therefore, I hereby request you to kindly register the FIR for my lost mobile phone. and give me attested copy of this document so I can submit this to service provider to block the phone number and prevent potential abuse of my SIM.

 

Yours faithfully,

<signature>

(name of applicant)

<Contact number>

Wednesday, December 30, 2020

FOSS V. HARBOTTLE


FOSS V. HARBOTTLE

CASE SUMMARY:   Two minority shareholders initiated legal proceedings against the director of the company. they claimed that the directors had misapplied the comapany's assets.


HELD:  It was held that, company suffered any injury or losses, it alone can take action against the person who had misapplied the assets of company not other people. therefore, the members could not maintain such suit.

 company may sue and can be sued in its own name.

court would not generally interfere with the decision of company which it was approved by the majority of members.

HOWEVER, in the process of implementing the objective of company, one should not override the legitimate expectations of minority shareholders

Monday, August 31, 2020

pdf files for cs students

  1.  CHART NOTES OF MONEY LAUNDERING ACT AND TRADEMARK ACT

TO DOWNLOAD NOTES  CLICK HERE




      2.  SECRTARIAL AUIDIT AND COST AUDIT IN EASY MANNER.TO DOWNLOAD NOTES  CLICK HERE


I HOPE THIS POST WILL HELP YOU IN YOUR PREPARATION. AND  PLEASE SHARE IT WITH YOUR FRIENDS AND GROUPS.

IF YOU LIKE MY POST KINDLY GIVE YOUR FEEDBACK IN COMMENT SECTION.

THANK YOU SO MUCH.

HAPPY LEARNING.

Saturday, August 1, 2020

RS.15 LAKH FINE OVER FAIRNESS CREAM

RS.15 LAKH FINE OVER FAIRNESS CREAM

From the title you get  little idea. Yes  RS 15 lakh fine over fairness cream. So without wasting any time let’s get started.




FAIRNESS CREAM:  Emami fair and hadsome cream.

 

In the judgment that may cause ripples in the cosmetic industry,  a consumer court has imposed a penalty of RS.15 lakh on EMAMI LIMITED for “misrepresenting

EMAMI had adopted unfair trade practices by claiming through its advertisement that its product  fair and handsome cream would given men fairer skin in three weeks.

MR. Nikhil jain had filed an unfair trade practices suit against EMAMI in the consumer court after, contrary to its advertisement. Mr. jain had purchased the cream on October 8,2012  “ after using the cream for three weeks , I did not see any difference on my face,”  he said in his complaint.

The consumer forum bench stated that emami’s advertisement amounted to misrepresentation to the public at large about the product’s effectiveness.

“NO attempt has been made….. to justify the advertisement which hold out a promise of the skin getting fairer by use of the product”  said the forum.

DECISION :  The bench directed EMAMI LIMITED to pay Rs.10000 as compensation to Mr.jain  and deposit Rs.15 lakh as punitive damages with the consumer welfare fund maintained in the delhi state consumer disputes redressal commission.

The forum has now directed to EMAMI to withdraw the advertisemens.

 

BE CAREFUL WHEN YOU PURCHASE ANY PRODUCT .

DON’T GET MISLEAD THROUGH ADVERTISMENTS.


IF you like it please share it with your friends and groups.

THANK YOU SO MUCH.




 

 

 


Friday, July 24, 2020

HOW TO ANSWER COMMENT BASED QUESTION?

HOW TO ANSWER COMMENT BASED QUESTION?



Hello guys, how are you all?

Today we are going to discuss  HOW TO ATTEMPT COMMENT BASED QUESTION.  I know there are no specific format for comment based question. But yes we can customize our answer in best possible manner.

 

First I will explain major mistakes done by students while attempting comment based question as follows :

ü Directly explaining provision.

ü Not write down proper crux of the topic/provision as the case maybe.

ü not adding conclusion.

ü Dumping too much extra knowledge.( don’t try to educate examiner)

ü Sometimes students bluffing and repeating unnecessary points.

 

Now first answer my question, if you came out from movie theatre, and somebody asked you the movie review, would you explain whole movie story from start to end ?  of course not right.

The same logic also apply in comment based question. Examiner and paper checkers already know the topic. You just have to explain crux of the topic or provision.

 

v Followings are the points which shall take into consideration while attempting comment based question:

 

·        First see the authenticity of the statement. If the state is correct or not. 

For example :  primary market is of the great significance of the economy of a country.  This statement is right then  start your answer with : this( above ) statement is correct.

·        Then go for the explanation :  you can write here provision, case law references, law applicability, other material information which is related with the question only. But yes  don’t do over explaining just keep it simple and sweet.

·        After giving explanation then go for conclusion.  Simple right.

Note :  at the end of this post I will attach some comment based question which is answered by me.

 

v DO’S AND DON’TS :

 

1)    DO’s :

·        Underline the key-words.

·        Give sub headings in your answer to address the different parts of the question. It gives the examiner clarity on how much is written under which part.

·        Try to frame your answer in pointers rather than lengthy flowery paragraphs.

·        Leave adequate space between words, line.

·        And always end the answer with a futuristic solution on the way forward.

·        Keep practicing ( it will boost your confidence level)

2)    DON’TS:

·        Don’t spend too much time on a question you know too well at the expense of other questions.

·        Never try to educate the examiner ( I repeat this line but yes please don’t dump extra knowledge. Just keep it simple.

I am attaching some answers of comment based questions.

 to download pdf of comment base question and its answer click here


to download CMSL EVALUATION SHEET ( BY GM TEST SERIES) : CLICK HERE


THANK YOU SO MUCH .

HAPPY LEARNING.

AND I ALSO ADDED SUBSCRIBE OPTION AT MY BLOG HOME PAGE. SO DON'T FORGET TO SUBSCRIBE.

AND IF YOU LIKE MY POST THEN PLEASE SHARE IT WITH EVERY STUDENTS.