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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 inso...
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 times through cheques. Everything is going smoothly!!.....Until one day you find out that the cheque received from the client has been bounced. But what happens if cheque bounces in India? There can be several reasons for cheque bounce in India…..and it is not at all neces...
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 wh...
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 various areas of the economy as speculation. The transformation of monetary reserve funds into venture capital is known as the interaction of capital arrangement in the economy. How the cycle of monetary intermediation (for example gathering dissipated investment funds and uti...
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 ...
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