INSOLVENCY
INSOLVENCY
THE MADRAS HIGH COURT HAS DECLARED ME INSOLVENT IN OCT-21 BY AN ORDER. I HAVE SURRENDERED ALL MY ASSETS TO COURT. i HAVE BEEN PAYING 8000/- AS MONTHLY LIABILITY TO COURT. ONE ARBITRATION HAS BEERN AWA... (Chennai, Tamil Nadu)
1 week ago
A. Dear Client,
An arbitral award is final and binding upon the parties unless challenged under Section 34 of the Act. It is equivalent to a decree passed by a Civil Judge and is binding upon the parties. The enforcement procedure and execution decrees and an arbitral award in India are governed as per the provision of the Arbitration and Conciliation Act, 1996. The time-limit for challenging an award under Section 34 of the Arbitration Act is absolute and no delay beyond 30 days from the prescribe ...ReadMore
family property dispute
My mother died intestate as per the best of my knowledge.I am one of the legal heirs others are my father and a brother. We went to them asking for our share. First they refused and then agreed to sha... (Delhi, Delhi)
2 weeks ago
A. Dear Client,
In the case of testamentary succession, the wishes of the testator of the will shall prevail. Until and unless the Court grants probate to the executor of the Will, the beneficiaries cannot obtain their share in the said property. The first step in transferring a property to a beneficiary as per Will is to either get the will probated or get letters of administration (LOA) from the Court having jurisdiction over the property left by the deceased. Probate of a will is necessary to t ...ReadMore
Online job
They have send me email because of I can’t submit there work within 6 days so there you have not complete ur work so u have to pay 6900 other wise it would be register as a legally case in court and... (Nashik, Maharashtra)
3 weeks ago
A. Dear Sir,
http://interfraud.org/ni_fake_jobs.htm
The fake job offer fraud.
They promise a job - but first you must pay. Please do not send money via Western Union.
This page: The fake job fraud, see also Internet fraud update , The money laundering fraud, Fraudsters haunting dating/matchmaking websites , The fake loan offer fraud andthe bank accounts they use.
A painful duty - Exposing the British (and Irish) connection. What happened to my money? All 419 fraud victims should read this.
NB ...ReadMore
M20 bond in co operative housing society
Is M20 bond mandatory for MC members Is it reintroduced? When? Any GR. Or court order or amendment copy? Please provide a copy. Thanks... (Mumbai, Maharashtra)
1 month ago
A. Dear Client,
The Maharashtra government in January 2021 notified that all elected members of the managing committee (MC) of cooperative housing societies established under the Maharashtra Co-operative Societies Act, 1960, have to execute a bond holding them ‘jointly and severally’ responsible for all the decisions the committee takes. Under the MCS (Amendment) Rules, 2002, a new form, M-20 Bond, has been inserted, whereby elected members of the managing committee have to declare they are jo ...ReadMore
Award was passed by an arbitrator
I got a letter say an award was passed by an arbitrator against my credit card dues on 22nd October. Can I still settle my dues with the bank at a reduced payment plan or I've got bo choice but to adh... (South West Delhi, Delhi)
1 month ago
A. Dear Client,
An arbitral award once passed by the arbitrator is final and binding upon the parties unless challenged under Section 34 of the Arbitration and Conciliation Act, 1996. It is equivalent to a decree passed by a Civil Judge and is binding upon the parties. The enforcement procedure and execution decrees of an arbitral award in India are governed as per the provision of the Arbitration and Conciliation Act, 1996. The time-limit for challenging an award under Section 34 of the Arbitrati ...ReadMore
Lyn Viegas
My brother has asked me to sign the affidavit of a probate for a deceased brothers estate which includes bank accounts & property in Mumbai. I have not been shown any thing so do not have any idea at ... (Mumbai, Maharashtra)
1 month ago
A. Dear Client,
In the case of testamentary succession, the first step in transferring a property to a legal heir's name is to either get the will probated or get letters of administration (LOA). The person who makes a will expresses his/her wishes to be executed after his death by certain persons named in the will. The persons named in the will to execute it are called its executors. Probate can be granted only to the executor of the will. Probate of a will is necessary to transfer the deceased's ...ReadMore
Not giving roi and principle amt
Vishwas worlt tech bangalore based company Cheared Not giving roi neither giving principle smt... (Bangalore, Karnataka)
1 month ago
A. Dear Client,
In the given scenario, serving a legal notice to the concerned Company, you can file a complaint online to the regulatory authority RBI on the Digital Complaint Management System (CMS) Portal: https://cms.rbi.org.in/cms/IndexPage.aspx. This is a unified portal for Banking, NBFC as well as Digital Transactions related grievances. Further, if it appears that owing to the negligence or deficiency in service on the part of the company/NBFC, you are deprived of your legitimate claim, you ...ReadMore
Stay in execution proceeding in section 37 appeal
Honble High Court Punjab in its order dated 1-7-19 granted stay of execution of Arbitration award against Housing Board Haryana subject to condition that appellant HBH deposit entire award amount and ... (Delhi, Delhi)
2 months ago
A. Dear Client,
Speedy trial is a fundamental right implicit in the guarantee of life and personal liberty enshrined in Article 21 of the Constitution of India and any party to a litigation who is denied this right of speedy trial is entitled to approach the High Court under Article 226 of the Constitution of India as well as Supreme Court under Article 32 of the Constitution of India to enforce such right. Accordingly, you can file a petition (SLP) under Article 32 of the Constitution before the ...ReadMore
kotak personal loan
Received arbitration notice in august 2024, then not attended 2 hearings, received claim Statement of Claim, Now received notice of the notice as u/s 25 of payment and settlement act on mail - 27/09/2... (Mumbai, Maharashtra)
2 months ago
A. Dear Client,
Receiving an arbitration notice under Section 25 of the Payment and Settlement Act indicates that the lender has moved forward with legal proceedings due to non-payment of your EMIs. Since you haven’t attended previous hearings, the process might be moving forward without your defense being considered. Here’s what you can do in this situation
Failing to respond or appear in arbitration hearings can lead to an ex-parte decision, which means the arbitrator will pass a decision i ...ReadMore
Credit card default
Sir, can arbitration be filed by bank after 3 years of credit card default (now NPA)... please guide... (Ghaziabad, Uttar Pradesh)
2 months ago
A. Dear Client,
Yes, a bank can approach an arbitration for credit card default even after three years if the credit card has an arbitration clause. It is possible to make such proceedings under the Arbitration and Conciliation Act, 1996 but the claim of the bank has to be within three years limitation period as specified in the Limitation Act 1963 in the case of contractual claims. In case the bank or other party has not acted within this period, you may rely on the limitation clause to plead the ...ReadMore
Vidhikarya
