Fraud in Nidhi Ltd company
Fraud in Nidhi Ltd company
who are actually responsible in taking liability of providing depositor's money when nidhi ltd. company has given 80% gold loan against deposits to the chairman (main director) and later in pressure t
2 months ago
A. Dear Client,
Depositors in the gold loan scheme of the company should register a First Information Report (FIR) at the local police station against the Chairman of the Company, who absconded with the customers' deposited gold. Additionally, depositors should initiate a criminal suit against the company under relevant sections of the Indian Penal Code (IPC), including Section 420 for cheating, Section 467 for forgery of valuable security, Section 468 for forgery for cheating, and Section 120B f ...ReadMore
Credit Card Harrassment
Can a recovery agent harrass for credit card payment after 20 years?
2 months ago
A. NO, Any bank cannot recover any bank loans after 20 years, as it is hit by law of limitation. In such case you can approach a good lawyer and you can also file a case on bank.
MSME
Where to put msme work order affidavit, if order has been received orally
2 months ago
A. Dear Client,
A written work order copy is mandatory. If the purchase order is oral, an affidavit must be submitted online on the MSME Samadhaan Portal.
Outstanding on closed credit card
I had settled a HSBC credit card sometime in 2004/5. They issued a letter also to that effect. But it is still showing as outstanding. A few years later someone from the bank contacted me and said the
2 months ago
A. Dear Client,
Foreclosing credit card dues or loans typically does not alter the defaulter status in the borrower's credit records, which can have long-term effects on creditworthiness. Despite this, given the apparent arbitrariness and unfair nature of the Bank's claim after a lengthy 20-year period, you can file a complaint against the Bank. Lodge your complaint through the Reserve Bank of India's grievance redressal portal under the integrated Banking Ombudsman Scheme at https://cms.rbi.org. ...ReadMore
Re- settlement of loan
I had opted for settlement in Sep 2023 with option of 03 EMIs but due to bad financial condition was unable to pay 02 EMIs. Now the loan is re-activated. Can I ask again for settlement? I have arrange
2 months ago
A. Dear Sir,
Yes, you can ask for settlement again as loan was reactivated and get revised settlement plan in coordination with the Bankers.
Personal loans
Hello sir I took different personal loans and credit cards and invested in crypto market and lost all money and crypto futures ,this is 1st month iam not able to repay all due to tight ,what should I
2 months ago
A. Dear Client,
Banks are not legally obliged to settle a debt lowering your outstanding debt, but because they want to protect their bottom line, they may agree to a debt settlement to avoid further financial loss. You can try to negotiate a debt settlement on your own if your pocket permits to repay the entire outstanding at a time for a one-time settlement(OTS) of dues, but sometimes it's typically done through third parties like debt relief companies, which you may hire to negotiate the settle ...ReadMore
Cheating money return
Hi sir, Through online banking loan application my ex boyfriend took 5lakhs of loan in my account.. he said he gonna marry me also to my family..after many days i found he is cheating on me without te
2 months ago
A. Dear client,
You may file a complaint against cheating under Section 420 IPC. Section 420 of the Indian penal code states that anyone who deceives someone by cheating and then dishonestly persuades them to give up property to someone else, create, alter, or destroy a valuable security in whole or in part, or destroy anything that is sealed or signed and has the potential to be turned into a valuable security, faces up to seven years in prison of any kind in addition to a fine.
You can also f ...ReadMore
My friend used my credit card and not giving money back
How to recover my money from my friend legally? Can go legally?
2 months ago
A. Dear client,
Collect whatever document you have like whatsapp chats,mails etc if any.
If you don’t have much witnesses and evidences, it will be difficult for you to prove anything.
You can even lodge an FIR and send a legal notice to him.
Also verify and check where has he spent such amount, use them as an evidence.
Thanks
Lazypay app loan
Dear sir I take lazypay app loan 60000 and I already repay 20938 but in middle due to some medical problems I can't pay rest other payment one time they send sms today if I can't pay so they file case
2 months ago
A. Dear Client,
Lok Adalat is one of the alternative dispute redressal mechanisms, it is a forum where disputes/cases pending in the court of law or at the pre-litigation stage are settled/ compromised amicably. Lok Adalats have been given statutory status under the Legal Services Authorities Act, 1987. Lok Adalat basically deals with civil matters and has the power to issue summons for appearance for early settlement of the pending case in regular civil court and not for litigation purposes which ...ReadMore
Education loan
Does the legal action by the SBI bank due to education loan default lead to complications in visa approval/process of countries like USA and Singapore? also, does DRT in India Issue salary garnishmen
2 months ago
A. Dear Client,
Defaulting on an education loan from SBI and facing legal action may impact various aspects, including your credit history and financial standing. While it may not directly result in complications during the visa approval process for countries like the USA and Singapore, financial aspects, including outstanding loans and legal issues, can be considered during the application. Visa processes usually focus on factors like intent, ties to the home country, and financial stability.
Reg ...ReadMore
