Legal heir for fathers illegal business
Legal heir for fathers illegal business
Question 1-My father used to work previously as one agent in one credit society,agency was under my mothers name and he used to work on her behalf since many years recently he passed away due to covid
3 years ago
A. HI,
1) Since the agency was in your mother's name, default will be considered in her name itself even though your father was handling the affairs of the agency. Liabilities will lie onto your mother.
2) Even though you are the legal heir, no money can be recovered from your personal assets or your income. Any property which you have inherited from your father can be auctioned for releasing the amount payable to the creditors.
Thank You
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Ayantika Mondal @ Prime Legal
VPK Urban Co Operative Credit Society Ltd
Sir I got a witness letter for a unknown person who had defaulted his loan repayment today from above bank but i have never signed as a witness for anyone in any bank .what should i do?what action sho
3 years ago
A. Hi,
If you are not a valid witness, you are under no obligation to appear before the Court. Reply to the notice stating there has been an error in identification.
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Ayantika Mondal @ Prime Legal
Jagannath S Pawar
Can DRT attach bank balance?
I was a guarantor to a loan taken by a firm which had 3 other persons as partners. The firm unfortunately had to be wrapped up and it defaulted on bank loan for Rs 1 cr at time it was declared bad l
3 years ago
A. DRT is vested with such powers to attach bank statements and such other properties of a person depending upon the case and can also pass criminal orders if it deems fit against defaulters depending on the case as per the provisions under the Act wherein you have defaulted to make payment but in most cases passing of criminal orders comes at later stage mostly if there seems non-cooperation or contempt of Court Order, hence you as a guarantor will require to have a good ground to defend your case ...ReadMore
Vaidehi Samant
Regarding society whose renewal pending after 2018
Can we penalise one of member who hasn’t contributed single penny for the last 11 yrs & with this incident number of non payers is increasing
3 years ago
A. Hi,
You can penalize a person who has failed to pay his shares. A person residing in a common residential space is bound to pay his maintenance and associated charges. if you found this helpful, please rate us.
Ayantika Mondal @ Prime Legal
Bussiness problem
Since last 30 years my father is having a bussines and being elder person in a family he allowed his brother to work along with him without any on paper aggrement of having him as a partner in his fir
3 years ago
A. You can file a complaint against the brother for cheating and fraud under Sections 415 and 420 IPC.
Adv. Sarika Khude
Debt Collection
I'm a Software Engineer working in USA. Lend1.5k money on a good will to my friend through western union in the month of AUGUST 2020 for a medical emergency of his premature baby. He promised me to re
3 years ago
A. You can file suit for recovery with interest.
Sidhaarth S
Recovery of Lended Money from a Friend
I'm a Software Engineer working in USA. Lend1.5k money on a good will to my friend through western union in the month of AUGUST 2020 for a medical emergency of his premature baby. He promised me to re
3 years ago
A. Hai,
You can file a summary suit against your friend for the recovery of the money. if you find this helpful, please rate us.
Ayantika Mondal @ Prime Legal
Loan through rtgs and cash
I have given some money to my friend through rtgs in his bank account and cash in good faith but now he has changed the city and not updating his new address nor returning my money what legal action s
3 years ago
A. Hai,
Yes your money can be recovered.
Send a legal notice to your friend and wait for 15 days for the reply. [Notice should contain information about why the money was given, how it was given and all the other details that you have.]If no/unacceptable reply is received from your friend, go to police station and file a private complaint under criminal breach of trust, cheating and mischief ( u/s - 427 of IPC). Approach the court and you can file both civil and criminal case against him. Make sure ...ReadMore
Ayantika Mondal @ Prime Legal
Recovery of money
I have given money to my Online frnd but now he is not giving it back,but I have online transaction proof, kindly guide me
3 years ago
A. Hai,
The lender should lend the money only after signing the promissory note or the loan agreement which has the terms and conditions stated clearly. In case of default in the payment of money, the lender can approach the court and file a civil suit for recovery of money or a criminal suit for fraud/ breach of an agreement. If you find this helpful, please rate us.
Ayantika Mondal @ Prime Legal
Cheating
I had given a loan to someone abroad on mutual understanding when I was living there. Now I have returned but the person is not returning the money. Even the embassy is not helping. How should I rec
3 years ago
A. Hai,
Please let us know the country that you have lend the money to. Because the procedure for recovering money is not the same in all countries. If you find this helpful, please rate us.
Ayantika Mondal @ Prime Legal
