LOAN SETTELMENT TO CORUT THROUGH
A. Dear Client,
The resolution of loans typically occurs during the pre-litigation stage or within ongoing court proceedings. Lok Adalat, as an alternative dispute resolution mechanism, plays a significant role in settling disputes amicably. Lok Adalats are forums where disputes, either pending in a court of law or at the pre-litigation stage, can be resolved through compromise. These adalats have obtained statutory status under the Legal Services Authorities Act, 1987.
Primarily dealing with ci ...ReadMore
Demand notice 2 for LAP
I have a loan (LAP) in HDB they have published second appendix IV possession notice in newspaper in that notice it's mentioned within 60 I need to pay the entire amount. But the executive made a call
1 month ago
A. Dear Client,
In the context of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, the process involves the issuance of a Registered Auction Notice by the Bank or Financial Institution (FI) to identified borrowers. This notice, sent with acknowledgment due, provides a 14-day period for the borrower to redeem the property and avoid auction sale.
The Debt Recovery Tribunal (DRT) is a quasi-judicial body that handles SARFAESI-related mat ...ReadMore
WhatsApp data entry fraud
Is there any chance of getting money back if he's not receiving my calls and not answering my texts ? The whole situation is that yesterday I was talking with elite company agent Priyanka she said th
1 month ago
A. Dear Client,
Fraudulent companies often exploit individuals seeking online data entry or part-time jobs, attempting to extort money from unsuspecting job seekers. If you receive such unethical threats or demands from such entities, it is advisable to ignore them, recognizing the dubious nature of their intentions. However, as a victim of an online job scam, taking certain legal steps can help address the situation:
1. Ignore Unethical Threats: Disregard any unethical threats or demands from t ...ReadMore
Cheating on Data Entry job
I'm worked as a data entry job operator for few weeks, I completed my task within the allocated date now their QC team told me that my forms are incorrect (they consider capital letter and small lette
1 month ago
A. Dear Client,
Online data entry or part-time job offers, especially those that involve soliciting money from unemployed individuals, are often associated with fraudulent activities. If you find yourself victimized by such a scam, it is advisable to take the following steps:
1. File a Police Complaint: Lodge a General Diary (GD) or a formal complaint against the fraudulent company at your local police station. Include any relevant papers, documents, or digital evidence you may have.
2. Serve a ...ReadMore
Harasment from Bajaj Finserv for
I have not received a single rupee from bajaj Finserv as a loan in any of my bank account accounts and it is showing me EMI of 22761 and got lots of threatening call from collection team to pay the
1 month ago
A. Dear Client,
In the given situation, if you are facing issues with recovery agents, taking the following steps can be considered:
1. File a Complaint Against Recovery Agents:
Lodge a complaint against the recovery agents at your local police station. Ensure to provide details of the incidents and any evidence you may have. Additionally, send a copy of the complaint to Bajaj Finserv, the concerned financier.
2. Online Complaint to RBI:
File an online complaint against the loan recovery ...ReadMore
Forgery of my signatures on Bank cheques & documents
Bank refuses to email me copies of cheques and documents for verifying forged signatures, and they insist I visit in person, despite my absence in town? Can they deny sharing documents via email when
1 month ago
A. Dear Client,
Banks have the right to request the presence of an account holder for document verification, especially if there is suspicion of forgery. This is done to ensure the authenticity of the document and to take necessary actions in accordance with the bank's rules and regulations.
In situations where the account holder is out of station, it is advisable to inform the bank and coordinate to fix a date for the account holder's visit to the bank for document verification. A scanned copy ...ReadMore
forex inward remittance
We exported garments to Italy in 2 seperate invoices totaling 657000 inr including shipping charges..120250./- My client transferred 330000 in my co.current AC and the balance he transferred in my pe
1 month ago
A. Dear Client,
A current account is typically opened for commercial or business purposes, while a savings account is used for personal transactions. High-value transactions conducted through these accounts are automatically reported to the Income Tax Department via Know Your Customer (KYC) and PAN-Aadhar linkage under the CBS (Core Banking Solution) mode of banking operations.
When a tax invoice is generated for a business transaction, it is expected to be paid through the current account. If p ...ReadMore
Outstanding of SBI Credit Card
I am unable to pay the outstanding amount of my credit and I received a letter from lok Adalat
1 month ago
A. Dear Client,
Upon receiving an application related to matters specified in clause (ii) of sub-section (5) of section 19 of the Legal Services Authorities Act 1987, a Lok Adalat may be referred to for determination. Following this, a notice is issued under Sub-Sec. 2 of Section 20, advising both parties to appear before the Lok Adalat organized by the Legal Services Authority. In Lok Adalat, the focus is on encouraging parties to reach a settlement.
If you receive a notice and are willing to r ...ReadMore
Salary account debit freeze for guarantee purpose
Salary account debit freeze by SRO of co operative bank.total salary is freeze from last 3 months.how can survive as a guarantor
1 month ago
A. Dear Client,
A Guarantor bears equal responsibility for repaying the principal borrower's debt. If all attempts to recover the debt from the borrower prove unsuccessful, the Bank can pursue recovery from the Guarantor, seizing the security offered by them. Even in the absence of a Guarantor, their surviving legal heirs can be held liable to settle the debt using inherited assets. While a Guarantor can request additional time to settle dues, they cannot evade their repayment liability under any ...ReadMore
Guarantor in personal loan, borrower defualter
Sir, I am a guarantor in my friends personal loan Now he has become defaulter As a guarantor I have received summon From the court. What are my liability & legal course of action available My signatu
1 month ago
A. Dear Client,
A guarantor holds equal liability for repaying the debt of the principal borrower. If the bank's efforts to recover the debt from the borrower prove unsuccessful, the bank can pursue recovery from the guarantor, including attaching the security provided by the guarantor. Even in the absence of a guarantor, the legal heirs of the deceased guarantor may be held responsible for settling the debt from inherited assets.
While a guarantor can request additional time to settle the dues, ...ReadMore
