Responsibilities of legal heirs - father owned a company
Responsibilities of legal heirs - father owned a company
My father owned a company, and under his and my moms directorship sold some properties to multiple people. Some of those properties are lent to banks too. Sadly, he passed away last year. I wanted to
1 year ago
A. Dear Sir,
You are not liable for the liabilities for your father as per following principle of pious obligation.
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'Pious obligation' means the moral liability of sons to pay off or discharge their father's non-avyavaharik debts. ... The ancient doctrine of pious obligation was governed by Smriti law. There is a pious obligation on the sons and grandsons to pay the debts contracted by the father and grandfather.
Hindu S ...ReadMore
Debt harrasment
I have been dealing with a money lender from past ten years and have paid him at 5% every month and most of the payments I have made is through banks account..he is very agressive and in human in his
2 years ago
A. Dear Client,
You can file a case against them in the police station for harassment and mental torture against you.
Online fraud by loan apps
I have taken a loan from an online loan apps and failed to repay because of some financial issue but the people from the app started harassing me and torturing me mentally and contacted my contact lis
2 years ago
A. Dear Client,
As per the facts mentioned, if they are harassing you then you can lodge a complaint in the police station against them for the harassment and mental torture.
credit card- my dad died last year
my dad died last year, he had a credit card debt of 40k till now I did not pay with interest it became 45k do I have to pay his credit card debts I got a message like legal notice has been initiated a
2 years ago
A. As per the case & facts you have mentioned your dad died last year, he had a credit card debt of 40k till now I did not pay with interest it became 45k, just forget about the bank & the credit card. Once the person is dead No bank can recover unsecured debts, rather a very lengthy process so forget about it as it is very costly process. Also how far is it confirmed that u are getting the job in same company in govt. r u join in compensation post etc. Please clarify.....
Credit card settlement payment missed
I have settled my credit card amount to 77000/- for 6 EMI. I have cleared 27000/- and missed my last month and this month emi. While doing the settlement they have taken my 6 blank cheques now my 3 em
2 years ago
A. Dear Sir,
Such act cannot done without the order of the Court or Arbitrator. You may get issue a strong legal notice and teach them a lesson because such tendency is on increasing ratio. Get advice from any competent advocate.
Notice from Lok Nyayalay in the matter of Kotak Credit Card dues
Dear Sir/Madam, This time again Kotak Mahindra Bank employees came with this notice (attached) saying to settle the credit card dues which is pending since the lockdown.. The issue is I am unemployed
2 years ago
A. Dear Client,
Appear before the Lok Nyayalay, acknowledge your issue before the authority. Ask for an extension of the time period.
Thank you.
Subhashis Paul
Cheque bounce case in lok adalat
I bought a laptop on EMI loan, I don't remember giving them blank cheques, however I lost my job due to corona unable to pay them EMIs now they are saying they'll book a cheque bounce case in lok adal
2 years ago
A. Dear Client,
IF the case goes to trial for a check bounce, then you can file a reply to the case through a lawyer for a cheque bounce case near you. You can also file a counter file of cheque against the person for filing a false cheque bounce case against you.
Thank You
Private Money Lender Harassment charging 8% interest per month
I borrowed 1 Lakh for 8% interest from a known person on April 2019. He said he is getting money from his personal lender to give me just to look he is not involved - it was lie as per my view. I und
2 years ago
A. Dear Client,
As per the facts mentioned, you can file a police complaint of harassment against the lender and from a legal perspective, the terms and conditions of personal lending are legally non-binding and non-enforceable.
Filing Insolvency Petition-Government Employee-Reg
Dear Sir/Madam, This is Krishnamohan from vizianagaram. My friend's father is working as a government employee and will be retired from services in 2024. He got debts from a few of the local pe
2 years ago
A. Dear Client,
As per the facts mentioned, as your friend's father is a government employee, i.e., has a source of revenue and he will also get pension and PF post-retirement then he cannot file for insolvency whereas an operational creditor, the employee can file an insolvency petition under section 9 of IBC. Employees are classified to be the operational creditors under IBC. Thus enabling them to approach NCLT under IBC, if the employer or corporate person denies or fails to release the salarie ...ReadMore
Bajaj Housing Finance Surrender Letter home loan
I am from India. I am the owner of house property, 1 person has taken loan on my property based on fraudulent documents, now Bajaj Housing Finance Ltd. is saying that borrower has given surrender lett
2 years ago
A. Dear Client,
As per the facts mentioned, firstly you should send a legal notice to them explaining the situation and even then if they don't stop then you may file an injunction suit.
