Free Legal Advice

Dear Client,
Unless a registered owner of a property empowers a person through a registered Power of Attorney empowering him/her to execute any kind of documents or agreements on his/her behalf, he or she cannot enter or sign any agreement or document on behalf of the original owner. So, in the absence of a POA, your mother cannot execute a rent agreement with a tenant letting out the said property of your father.

Dear Client,
As per the RBI Guidelines, Banks/NBFC/FI are advised to ensure that the contracts with the recovery agents do not induce the adoption of uncivilized, unlawful, and questionable behavior or recovery process. In the context, reference is invited to (a) Circular DBOD.Leg.No.BC.104/ 09.07.007 /2002-03 dated May 5, 2003, regarding Guidelines on Fair Practices Code for Lenders (b) Circular DBOD.No.BP. 40/ 21.04.158/ 2006-07 dated November 3, 2006, regarding outsourcing of financial servi

Dear Client,
Your query has no nexus with the advice of a legal counsel. Any kind of loan may be restructured subject to prescribed conditions and the discretion of the lending Bank, Reach out to the concerned Bank which can respond and resolve your query better than a counsel.

Dear Client,
Your query lacks information to respond it suitably. However, be informed that a Guarantor/Surety is equally liable for repayment of the debt of the principal Borrower and if after exercising all the steps for recovery of debt against the Borrower fails, the Bank takes steps for recovery of debts from the Guarantor attaching the security offered by the guarantor against the loan. Even in the absence of a borrower or guarantor his or her surviving legal heirs are held liable to write

Dear Client,
In India, money lenders are governed by the Money Lenders Act, 1957 in different states. Any individual/organization engaged in a money lending business must hold a license from the appropriate authority such as the RBI or the State Legislature. A money lending license is usually granted by the Revenue Department of the respective state government in compliance with the provision of the Money Lenders Act and the state-specific rules. If any person or a group of persons is involved

Dear Client,
When a person issues a post-dated cheque against a promise or against any refund of money refundable by her or him and the cheque receiver holding the said cheque is free to present the same for encashment. If on presentation the cheque is dishonored or bounced for any reason, then the holder of the Cheque can file a criminal suit against the drawer of the cheque under section 138 N I Act, 1938 within three months from the date on which it was presented in the bank and dishonored.

Dear Sir,
It is a small amount and you cannot recover the same if you have no document like, promissory note or cheque. Your contact itself illegal as such you must say that you have given her only hand loan and she agreed to give normal interest to you.

Dear Client,
Your query suffers from a lack of information to address it suitably. However, be informed that in the absence of documentary evidence showing the ground/reason behind the transaction of money between the parties, no legal remedy is feasible to recover the said money even through litigation. You may, however, serve a legal notice to the friend asking him to refrain from threatening which may work or may not work.

Dear Client,
In India, money lenders are governed by the Money Lenders Act, 1957 in different states. Any individual/organization engaged in a money lending business must hold a license from the appropriate authority such as the RBI or the State Legislature. A money lending license is usually granted by the Revenue Department of the respective state government in compliance with the provision of the Money Lenders Act and the state-specific rules. If any person or a group of persons is involved

Dear Client,
A Guarantor/Surety is equally liable for repayment of the debt of the principal Borrower and if after exercising all the steps for recovery of debt against the Borrower fails, the Bank takes steps for recovery of debts from the Guarantor attaching the security offered by the guarantor against the loan. Once agreed, a guarantor cannot revoke or cancel his guarantee to the said loan unilaterally which is legally impermissible. Even in the absence of a borrower or guarantor his or her