Cancellation of upgrad loan
Cancellation of upgrad loan
How should I cancel loan while they were saying already batch started
1 week ago
A. Dear Client,
Canceling a loan after disbursal could impact your CIBIL credit score. It's crucial to do so within the cooling-off period specified in the loan agreement terms. If you haven't used any part of the loan, you can cancel it in writing, potentially incurring higher processing fees. If some of the loan has been disbursed, you can still cancel it by repaying the disbursed amount plus accrued interest and applicable cancellation charges.
Do I need to serve notice
I joined my company in Mumbai as a trainee. My 6 months of traineeship are over and I have decided to leave the company. In my offer letter, they have not mentioned anything about a notice period, if
1 week ago
A. Dear Client,
A trainee is not treated as an employee in the permanent role of the Company, so standing rules or regulations do not apply to the trainee to regulate or resolve the dispute between a trainee and an employer. Moreover, in the absence of a specific stipulation in the appointment letter about the notice period required for resignation, the company cannot force a trainee to serve a notice period who tendered his resignation upon completion of his training which amounts to unfair labo ...ReadMore
Debit freeze on court order
Myself amit , i am guarantor to friends loan now he is defaulter not paying loan. Now my account is debit freeze on court orders and bank deducting insufficient balance charges against auto transactio
1 week ago
A. Dear Client,
A guarantor shares equal liability for repaying the debt of the principal borrower. If the borrower defaults and recovery attempts fail, the bank may pursue the guarantor and attach the security offered by them. Even in the absence of a guarantor, their legal heirs may be held liable to settle the debt from inherited assets. While a guarantor can request more time to settle dues, they cannot evade their responsibility to repay the loan. Additionally, the bank has the right to dedu ...ReadMore
Serving notice period when not mentioned in employment contract
Hello good day. I am a doctor who worked as a medical officer for an NGO for four months. Due to personal reasons I had to resign prematurely. There was no clause about serving notice period in my emp
1 week ago
A. Dear Client,
When an employer defaults, it shouldn't negatively impact the employee. The employment contract takes precedence over the company's internal policies if not explicitly stated otherwise. Therefore, in this situation, your recourse is through the Civil Court. You should file a civil suit against the NGO to recover your dues after serving them a legal notice.
How to get stay order of property possession taken by NBFC
Hello, I have a loan from an NBFC .. total pending - 92 lacs Total EMI overdue - 8.5 lacs For non payment of above EMI, the NBFC got a court order and has taken possession of my home. I was havi
1 week ago
A. Dear Client,
Sub-section (3A) of Section 13 of the SARFAESI Act, introduced in 2004, allows borrowers to make representations or objections regarding notices issued under subsection (2). Creditors must consider such representations and communicate reasons for non-acceptance within fifteen days. The Delhi High Court, referencing the Supreme Court's judgment in ITC Limited v. Blue Coast Hotels Ltd., affirmed the mandatory nature of Section 13(3A), emphasizing that creditors must consider borrowe ...ReadMore
Stridhan during divorce process from US
Hi - I was married in India in 2016 and have been living in US from more than 5 years now. I am going through the divorce process filed in the US. My laws and my ex husband are giving me hard time in
1 week ago
A. Dear Client,
If your in-laws refuse to return the jewelry gifted to you at the time of marriage (Streedhan), filing a police complaint under Section 406 of the Indian Penal Code is a viable option. You need to file the case in India, where your in-laws reside, providing bills for the jewelry and details of the bank account where the jewelry is kept. If you're abroad, you can execute a Power of Attorney in favor of someone to handle the case on your behalf in court.
PG not registered
I am staying in a PG from 2-3 Years paying monthly rent of 8500 online+ AC bill to the Staff appointed here. The pg is not registered and hence their is no bill or receipt of payment. All this transac
1 week ago
A. Dear Client,
If a paying guest (PG) agreement specifies payment of fees through the PG owner's bank account, it serves as documentary evidence of your status as a PG resident. If this arrangement doesn't inconvenience you, there's no need for litigation. Mutually agreed arrangements cannot be unilaterally disputed by either party.
cheque bounce case
sir my friend gives money as a loan in 2016 .15lakhs through bank transfer i issued blank promicery note and blank signed cheque.after he recover money but the not returned my promicery note and cheq
1 week ago
A. Dear Client,
A promissory note is a legally binding document outlining a debt repayment agreement between a lender and borrower. It's enforceable under state laws and can be used as the basis for a lawsuit under the Negotiable Instrument Act, 1938, if repayment isn't made. Promissory notes typically have a validity of three years from the date of execution.
Similarly, issuing a blank cheque implies a promise of payment, and if it bounces, the holder can file a criminal suit under section 138 ...ReadMore
My bank account got freezed
My bank account got freezed and when i was asking my bank they told me that it is done by cyber crime chennai and gave me phone no of that concerned person when i called him he ask me to come to chenn
1 week ago
A. Dear Client,
After reporting a cybercrime to the National Cyber Crime Reporting Portal (NCCRP), the Cyber Crime Cell initiates an investigation, which may involve freezing suspected accounts. The duration of the investigation varies based on complexity. If unable to appear in person due to distance, inform the Nodal Officer of the Cyber Crime Cell in Tamil Nadu, either online or offline, detailing the situation and requesting video conferencing. Contact details include email (sp2cwc.cid@tspoli ...ReadMore
Bank loan harassment
Hi team, I was in a relationship and my partner and his bank manager friend made me take a loan on my car in 2017. I was told that the amount is 2 lakhs but few years ago I got to know that the actual
1 week ago
A. Dear Client,
If you have a grievance with your bank, start by contacting the Grievance Redressal Officer (GRO). If you don't receive a satisfactory response, escalate the issue to the Reserve Bank of India (RBI) by submitting a detailed complaint on their grievance redressal portal. If the matter remains unresolved, consider sending a legal notice to the bank or filing a complaint under Section 35 of the Consumer Protection Act, 2019, with the District Consumer Commission. This should be done ...ReadMore
