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Dear Client,
In the absence of any written agreement, or any other document like a promissory note, security cheque etc. supporting your claim, no legal remedy to recover the money from the person is feasible even through litigation. However, you can serve a legal notice to the person which may or may not work.

Dear Client,
If any person or a group of persons is involved in trading of money lending or any other financial transaction without any license or permission of the concerned regulatory authority like RBI, SEBI, then he/they may be booked under the Prevention of Money Laundering Act, 2002 (PMLA) which was enacted to fight against the criminal offense of legalizing the income/profits from an illegal source, once reported to the vigilance cell. The Prevention of Money Laundering Act, 2002 enables

Dear Client,
With regards to the rights of the bank and approach to RTO, you have taken loan on a car’s purchase and the hold holds a legal right over the vehicle and the entry is made in the certificate of registration . In case of failure of repayment of loan, the bank might enforce its rights over the vehicle. Section 51(5) of Motor Vehicles Act lays down the right of financier (here bank) to ensure the vehicle is not transferred, sold or clear hypothecation before clearing the due payment.

Dear Client,
You can file a legal complaint against the individual for recovery of the amount you invested. Under Indian law, you can file a suit for recovery of money based on the Paytm receipts and any other communications you had with the person regarding the investment. Given that the person resides in Delhi and you are in Kolkata, you can file the case in Kolkata if any part of the transaction occurred there. You may file a civil suit under Order 37 of the Civil Procedure Code, 1908, which

Dear Client,
A mortgaged property cannot be a subject matter of any contract or transaction until and unless the mortgagee(Bank) issues an NOC or Release Deed to the Mortgagor(Lessor). Mortgagee(Bank) has the first charge on the property. So, the charge created subsequently by the lessor would be vitiated being void and infractuous, once the Bank initiated the recovery proceeding before the DRT under the Sarfaesi Act. Based on a lease agreement that is void ab initio, even if it is a registered

Dear client,
Loan recovery agents must refrain from divulging information about your debt to third parties such as family members or colleagues without your explicit consent. They should behave in a manner that avoids harassing or intimidating borrowers. The Reserve Bank of India (RBI) has established guidelines under the Fair Practices Code for lenders, which outline the protocols for conducting loan recovery. These guidelines are designed to safeguard the rights of borrowers and ensure equitab

Dear sir,
At your risk you have invested in stocks it is just like playing cards. If she is not having enough funds she return after wards but if you go to court it is very hard to establish your contention and get back the amount.

Dear Client,
In case your deceased father issued the post-dated cheques to his business partner against the business loan in the capacity of a partner of the partnership firm, the surviving partner needs to inform the creditor/lender about the death and provide a copy of the death certificate. If the living partner of the partnership business does not service the debt, the lender can take possession of the collateral or enforce the security of the partnership firm. In the case of unsecured debt

Dear Client,
Unless it is specifically stipulated in the Lease Agreement and complied with, the security deposit is refundable by the Lessor to the Lessee on surrender of vacant possession of let-out premises after the lock-in period serving two months advance notice to the Lessor. A dispute between a tenant and landlord is resolved under the state-specific Rent Control Act under which a Rent Controller or Addl Rent Controller is appointed to deal with the dispute arising out of a rent agreemen

Dear Client,
Before agreeing with a debt relief company or agency, an agreement for debt settlement needs to be verified by an Advocate practicing in Debt Recovery Tribunal or by a certified credit counselor. But, it may be noted that while there are legitimate debt relief/settlement companies, there are also many scam operations. So, if you're considering one, the Consumer Financial Protection Bureau(CFPB) suggests for contacting your state attorney general's(AG) office and local consumer prote