Dear Sir/Madam, My self Arun, I have a multiple loans and have one Personal Loan with Piramal Capital, Today I Received this Email from Presolv360 , with the below Matter, Requesting you to Kindly Ad ...
Dear Client,
In case, a provision for resolving the dispute through arbitration under the Arbitration and Conciliation Act, 1996 exists in the personal loan agreement, before marking a loan as bad loan/NPA, the lender exhausts its course of action as stipulated in the loan agreement and send a Notice under Section 21 of the Arbitration and Conciliation Act, 1996 to the borrower who failed to repay his/her debt to resolve the matter at the pre-litigation stage which is mandatory before referring
I have 4 personal loan from various bank 2 from Axis Finance after defaults they put into arbitration But I failed to attend that What will be results of arbitration award & what type of precaution ...
Dear Client,
In case, a provision for resolving the dispute through arbitration under the Arbitration and Conciliation Act, 1996 exists in the personal loan agreement, before marking dues or loan as bad loan/NPA, the lender exhausts its course of action as stipulated in the loan agreement and send a Notice under Section 21 of the Arbitration and Conciliation Act, 1996 to the borrower who failed to repay his/her debt/dues against such loans to resolve the matter at the pre-litigation stage which
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Dear Client,
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I got a notice of passing arbitration awards by Tata Capital for amount 661683/- from my sbi banker, the award passed by the Arbitrator on 27 Aug 2024, unilaterally although I oppose the proceedings a ...
Dear Client,
An arbitration 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 Arbitr
I have delayed montly EMI of the loan by 1-2 months on sbi card of 3 lakhs. How do I respond to Invocation of Arbitraion
Dear Client,
Your query suffers from a lack of information to respond suitably, especially on a virtual platform. However, be informed that in case, a provision for resolving the dispute through arbitration under the Arbitration and Conciliation Act, 1996 exists in the personal loan agreement, before marking a loan as bad loan/NPA, the lender exhausts its course of action as stipulated in the loan agreement and send a Notice under Section 21 of the Arbitration and Conciliation Act, 1996 to the b
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Hi I have 250000 loan from Kotak Mahindra Bank.. due to scam I lost all money at this time I don't have money to settled this loan ...I got arbitration award from tamil nadu......please give me sugges ...
Dear Client,
An arbitral award is final and binding upon the parties unless challenged under Section 34 of the Arbitration and Conciliation Act, 1996t. 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 del
Good evening sir, na పేరు prasad, nenu ఫైనాన్షియల్ ga చాలా loss ayyanu. అందువలన సొంత ఊరికి దూరంగా ఉంటున్ ...
Dear Client,
In case, a provision for resolving the dispute through arbitration under the Arbitration and Conciliation Act, 1996 exists in the personal loan agreement, before marking a loan as bad loan/NPA, the lender exhausts its course of action as stipulated in the loan agreement and send a Notice under Section 21 of the Arbitration and Conciliation Act, 1996 to the borrower who failed to repay his/her debt to resolve the matter at the pre-litigation stage which is mandatory before referring
How to resolve this problem
Dear Client,
Your query suffers from a lack of information to address it suitably. However, be informed that in case, a provision for resolving the dispute through arbitration under the Arbitration and Conciliation Act, 1996 exists in the loan agreement, before marking a loan as bad loan/NPA, the lender exhausts its course of action as stipulated in the loan agreement and send a Notice under Section 21 of the Arbitration and Conciliation Act, 1996 to the borrower who failed to repay his/her deb
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 ...
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
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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 ...
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
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