bank taking possession of agriculture land in sarfaesi act
bank taking possession of agriculture land in sarfaesi act
Please guide. bank taking possession of agriculture land in sarfaesi act on agriculture land which is in dispute in DRT court case
10 months ago
A. Dear Client,
Section 19 of the Debt Recovery Tribunal Act enables a bank or a financial institution to recover any debt from any person by making an application under the aforesaid section before the appropriate Debt Recovery Tribunal having jurisdiction. A secured creditor may also simultaneously pursue its remedies under the SARFAESI Act 2002 as well as the DRT. For the application under the SARFAESI Act, the account of the borrower must be classified as Non-Performing Asset (NPA) by the secu ...ReadMore
Want to do legal our house own house
Our society member want money because they do illegal our own house and they are asking money for legaling our house can u just help me.
10 months ago
A. Dear Sir,
You have to approach property lawyer and see that what are the illegalities and how much expense will be occurred and also find out whether you can approach concerned officers and get legalized by paying legal fee.
Fake loan on my name
I have seen fake loan on my cibil score. I have not taken any loan but it is showing on my cibil score. They loan company is harassing me & my family, friends. Please help me in this and also let me
10 months ago
A. Dear Client,
In the absence of details of loan sanctioning authority and the identity of the company harassing you for repayment of loan based on CIBIL record, nothing can be suggested as of now.
PERSONAL LOAN DEFAULTER
MY EMI WAS PAID THROUGH MY SALARY AT THE BANK. MY COMPANY STOPPED PAYING SALARY FROM COVID PERIOD. BANK SENT ME LEGAL NOTICE FOR NON PAYMENT OF EMI.
10 months ago
A. Hello
It is the liability of the employer to pay the salary to the employee on time. However, if he denies, refuses, or fails to do so, then the employee can file a criminal suit for cheating and breach of trust under Section 420 of the Indian Penal Code also, The employee can file a suit under section 447 of the Companies Act which lays down punishment for fraud. The employer can be imprisoned for a period of six months to ten years. Recovery of the full amount of an amount that is three times ...ReadMore
Bankruptcy / Insolvency
I don't have any property on my name, but If I file bankruptcy, will my family member's property be attached?
10 months ago
A. In case you are entitled for any share in your family's property, on the filing of an application for bankruptcy, the Court may pass a direction/order for attachment of your family property for recovery market debt lying against you to meet the claims of Creditors.
Husband's debts including his own mother's maintenance
Being a wife, am I responsible for my husband's debts. Most important of all is the maintenance amount that he is liable to pay to his mother every month as per court's judgement.
11 months ago
A. Hello,
You are not responsible for someone else's debt. When someone dies with an unpaid debt, if the debt needs to be paid, it should be paid from any money or property they left behind according to state law. This is often called their estate
Money lender harrassment
I took money from a person against 10% ..first i giving 2 3 month as per 10% .but now I m unable to pay him because of very high charges....he took 2 blank cheque and my pan and adhar Xerox..he also
11 months ago
A. it appears from the content of your query that it is purely a money laundering case which strictly prohibited under the Prevention of Money Laundering Act, 2002 and punishable if the complaint is made to Adjudicting Authority and proved in course of investigation.
You may find out the office of concerned Adjudicating Authority who may guide you for filing a complaint in the matter
Insolvency petition
I have a debt amounting to around 2 crore rupees. I am unable to pay the loans right now. I took these loans from banks, NBFC's and also from individuals. I have planned to file an insolvency petition
11 months ago
A. Hello,
As per the information you have given it is advisable to you to reach out to an advocate for first hand information.
Money lender harassment and 200% extra interest
I have taken money of 10000 and said will return in 2 months per month 8000 each total 16 as this month I couldn’t pay 8000 now he is troubling me in all means and asking for 44000 and extra 8000 an
11 months ago
A. Hello,
As per the information given by you it is advisabe to you to file a FIR to police for harassment.
Advice to clear debt
Sir i had taken loan from bank and from private persons for construction of house in Bengaluru and for business But unfortunately I had a big loss in business and followed by carona Now the debt is n
11 months ago
A. Hello,
As per the information you have given it is suggested to you to file a FIR or complaint to police aginst them for harassment.
