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Posted On : July 3, 2025
Facing a DRT Notice? Here’s What You Must Do Within 30 Days
This blog talks about what happens when you are served with a DRT notice, what exactly is a DRT case, legal steps you should ...
Posted On : December 27, 2022
Bankruptcy vs Insolvency: Are they Synonyms?
For commerce or law students, the terms bankruptcy law vs. insolvency law are quite intimidating. The difference between insolvency and liquidation is still understandable. But what is insolvency in the first place? Explore bankruptcy vs insolvency in the blog below with the help of tabular differentiation. Indian culture promotes today’s savings for the ‘rainy day’. On the contr...
Posted On : July 14, 2022
Insolvency Petition Procedure in India
The law requires everyone to pay their debts in time. But what if a person lacks any source of income and has comparatively big debts to pay? Does law become a savior in such a scenario? India has quite a few such examples of big names of business tycoons who led a kingly life while in India and had to flee overnight to other countries after being a financial defaulter. Not everyone can evade the ...
Posted On : May 30, 2022
What Happens If Cheque Bounces In India?
Suppose you have been in business for years…finances are sometimes entered in cash, sometimes through banks and the other t...
Posted On : May 27, 2022
What Happens if Personal Loan is Not Paid in India?
Wish to know the punishment for non payment of personal loan? Or due to lost job, unable to pay personal loan? Do you know what will happen if personal loan not paid in India? If you have received a legal notice for non payment of loan, some things should be understood at this level. Answers to all above questions and other related aspects like RBI guidelines for personal loan defaulters have been...
Posted On : April 6, 2022
Cheque Bounce Case Procedure In India
Have you ever drawn a cheque in the name of another, or received one in your own name? Then you must be aware of how cheques work as a negotiable instrument for payments. But not everyone is aware of how it is dishonoured and what are cheque bounce reasons. Know the rights after cheque bounce beforehand. Hereunder, all such things have been explained with focus upon the cheque bounce case procedur...
Posted On : June 16, 2021
Problem of NPA in Indian Economy
The most critical capacity of the monetary framework is the activation of the public investment funds and its allotment in va...
Posted On : May 21, 2020
Cheque Bounce Notice
A cheque is a bill of exchange which is payable on demand. There are two parties in a transaction, the person who issues the cheque is known as the drawer, whereas the person under whose favour the cheque is issued is known as the drawee. A cheque bounce is a situation in which the cheque cannot be processed because of the insufficient funds that are available in an individual’s bank account. Th...
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