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 ...
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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
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Debt and Lending Agreement
Hand loan agreement validity in police station/court
I alongwith three of my friends had lended money to another friend amounting to 4,00,000 INR in total last year in the month of October and November 2017. He has been giving numerous excuses from then ...
A.
dear client You have to file a money recovery suit against him, However, it will require court fee to be paid by you.
Vidhikarya
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Debt and Lending Agreement
Implication of Personal guarantee (without mortgage)
Sir, Please advice me regarding the following issue: 1. One of the firm in Ahmedabad (Roller Flour mill) took term loan of Rs.2.50 crore from GIIC, Ahmedabad in 1996. During 2006, GIIC has filed a c ...
A.
dear client in your cases it seems to be your case appears to be complicated. Please consult for a proper advice.
Vidhikarya
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Debt and Lending Agreement
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 ...
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.
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