LOAN RECOVERY HYDERABAD
I HAVE GIVEN LOAN 400000 TO ONE PERSON DTD 02.10.2018, ,100 RS BOND PAPER ALSO SIGNED,IN BOND PAPER INTREST NOT MENTIONED IN THE BOND PAPER,AND 2 CHEQUES ALSO TAKEN,AND ONE PROMISORY NOTE ALSO WRITTEN
3 years ago
A. Hi, send him a legal notice with lawyer help all other steps will come later.
Pankaj Kumar Srivastava
Suneel Moudgil
Best way to secure an unsecured loan - party is ready for legal agreement
I have given around 60Lakh to my friend on mutual understanding for his business (1 year ago). He suppose settle my money march 2020 but recently he had huge losses in his business so asks for more ti
3 years ago
A. Hi client,
As the amount is a huge one. You should have an agreement for sale or at least an MOU done . It is better that you consult an advocate immediately.
Thanks and Regards
Adv. Sarika Khude
Ayantika Mondal @ Prime Legal
Suneel Moudgil
BANKRUPTCY
Dear Sir, I have taken personal loans and put that money in stock market. All the money is lost in stock trading. Can i file bankruptcy in this case.
4 years ago
A. Dear Sir,
You can file as per following procedure but it is costlier.
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The Insolvency And Bankruptcy Code, 2016 - Key Highlights
Dear Sir,
The provisions of Bankruptcy and insolvency Act may be used to get relevant certificate. The highlights of the Act are as follows followed by a link.
KEY HIGHLIGHTS
1. Corporate Debtors: Two-Stage Process
To initiate an insolvency process for corporate debtors, the default should be at le ...ReadMore
Education Loan
My son had taken education loan of 7.5 lacs for his education in the United Kingdom. He completed his studies but had to come to India as his visa was not renewed. He did not get a suitable job and ha
5 years ago
A. You are in dangerous situation. Your son who is major also liable. Get insolvency certificate.
Mortgage deed
I had lent a sum of Rs 1,00,000 to someone in 2003 against which he mortgaged his property. There is a mortgaged deed. He assured to pay the amount in 2 years which he did not. My query 1. Can I tak
5 years ago
A. dear client in your matter kindly See the limitation period for mortgage is 12 years form the date the mortgage was created. So, from that date your limitation has expired. Did you get any debt acknowledgement document signed later on or what was the last payment that you got. From that date if 12 years have not elapsed then you can otherwise you cannot
Deepak Yashwantrao Bade
LIC Agent cheating
Hi, To renew my LIC policy my LIC agent asked me to send premium due amount in his bank account (as I am in another city) he will deposit and renew my policy immediately as he said he is sitting in
6 years ago
A. dear client This is a fraud committed by agents and even if they do not commit fraud there is a huge risk of not depositing the funds/premium and the policy can expire.It is premature and you can Approach Regional Office of Lic for complaint.
Deepak Yashwantrao Bade