I am
3 years ago
Hi sir, i am in Partnership for last 2years. Due to Covid19 now from march20 to till date my business collapsed and my share of loss of rs 50lak approx now i cant able to pay i want 2 years time to give back. But vendors not giving me time what to do..please advice. I am ready to close this issue.. i can give agreement or surity in bond papers .. kindly help me sir what to do...
A.Dear Sir,
You may get stay order from Civil Court and ask them to approach Civil Court and attach your properties if any otherwise they cannot do anything against you.
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You may get stay order from Civil Court and ask them to approach Civil Court and attach your properties if any otherwise they cannot do anything against you.
Rate me Five Star*
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Abhishek Dobhal
Replied 3 years ago
You get stay order from High court...
A.Hello,
A notice could be sent assuring the payment of funds. As per the facts, as you have no issue in providing the security you could communicate it to them in the notice.
A notice could be sent assuring the payment of funds. As per the facts, as you have no issue in providing the security you could communicate it to them in the notice.
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Ayantika Mondal @ Prime Legal
Responded 3 years ago
A.Hi,
You can send them a notice giving your assurance in payment of the funds. Also, as you mentioned, you can notify them about the security.
You can send them a notice giving your assurance in payment of the funds. Also, as you mentioned, you can notify them about the security.
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Jagannath S Pawar
Responded 3 years ago
A.More details are required in this regard.
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Adv. Anushka Dikshit
Responded 3 years ago
A.If you're willing to give you bond papers as surety, then I suggest you to make an agreement with your vendors saying that you need atleast 2 years time to pay back the money. It won't be an issue.
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