Complain against Online Money Lender
Dear Sir / Mam, In this period of Covid-19 crisis, RBI asked banks to give 3 months moratorium period on EMIs to borrowers. Here issue is that one of the money lenders, without my consent, applied 3
4 years ago
A. Hi,
Opting moratorium is not automatic, it requires to apply digitally/online. There must be some error in their act, request to write their grievances team, failing which you may lodge a complaint with RBI at below portal:-
https://www.rbi.org.in/Scripts/Complaints.aspx
Ayantika Mondal @ Prime Legal
All Lawyers Reply - Can i repay loan by this method ?
I need to take loan from an individual. I will pay him fixed percent of interest every month on time. But i want to repay the loan in uncertain percent of loan amount in installments such 1st month -
4 years ago
A. Dear Sir,
It is a private agreement between you an lender. Nothing prevents you to enter into such agreement but he must be registered money lender.
Nbfc lending
The lending apps in play store charge very very high interest upto 33% pa and higher processing fees, is there any way to file a complaint against them so that people desperate for money dont fall int
4 years ago
A. Dear Client,
You can go and file a Public Interest Litigation for the interest of the society.
Thanks
Shreyash Mohta
I need big assistance in making my loans into single EMI
I need big assistance in making my loans into single EMI and now unable to do the normal activities due to mental pressure. I would like to explain more on this during consultation.
4 years ago
A. Dear Sir,
You may approach concerned finance consultancies and workout your proposed scheme of converting your all EMI’s into single EMI.
Shreyash Mohta
Illegal financers
A group of money lenders who have no license to do this business they are making agreement that if you take 5000 from us then you have to pay 1000 rs every time in month as interest and they are playi
4 years ago
A. Hi client,
File an F. I. R. against them.
Thank you
Promissory note for Lending Money
My Friend is asking for 4 Lakhs amount for his family urgencies. He is ready to sign a Promissory note of this amount and the return timeline will be of 1 year. Will the Promissory note valid for this
4 years ago
A. Dear Sir,
It is better to get post dated cheques which is economical to recover the amount.
Loan recovery
I took a loan of 1lac , 1 year back and paid only 6 EMI out of 12 due to some financial loss and now want to pay remaining EMI with resettlement of loan of pending amount. Company has bounced given ad
4 years ago
A. Dear Sir,
It is happening so in many cases as borrowers give blank cheques to the financial institutions. You may produce all the evidences having paid six EMI’s and get a reduction at the time of getting judgment.
Please contact me through the administrators of this website.
Sandeep Pingale
Jagannath S Pawar
FRAUDULANT ACTION OF A LAWYER/ADVOCATE
WHAT ACTION CAN BE TAKEN AGAINST AN ADVOCATE WHO IS PLAYING FRAUD
4 years ago
A. Dear Sir,
If you have concrete evidence then you can lodge a complaint with the secretary of Bar council of your State and they will initiate disciplinary action against him under the provisions of advocate’s Act.
Please take PAID phone call with me through VIDHIKARYA and get more legal guidance.
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
NON REPAYMENT OF BORROWED MONEY
SOMEONE HAS BORROWED 50000/ TWO YEARS BACK, NOT REFUNDING. CAN I MAKE COMPLAINT/ FIR N POLICE STATION? WHAT WILL BE THE RELEVENT SECTIONS OF IPC.
4 years ago
A. If you have evidences for the same,
Do send that person a legal notice providing him a stipulated time period to repay such amount, failing which, you can file a suit for money recovery in the civil court having jurisdiction to try your matter.
Thanks
Shreyash Mohta
Biswajit Das
vishnu Prasad V
Rameshwar Dadhe