shiju
24 December 2014 at 18:57
how can get my final settlement
from my company.how can i prepare letter
praveen
24 December 2014 at 13:39
If the Guarantor pays some amount to the bank. If he has to make a claim on the property of principal borrower which is mortgaged to the same account(principal borrowers son who is trying to get it released under ots and sell it in open market).
what rights does the guarantor have on that property . which date is considered when the claim is made by guarantor. The date when the collateral guarantee is given or the date when the payment is made
to the bank. If the date of payment made is considered . The principal borrower has raised many loans after he raised the loan related to which the guarantor has paid the amount.
My Mother has given Guaranty (third party )to a collateral loan of her sister in laws Business(proprietary)(hp petrol bunk dealership)in2007.They have diverted the funds and ultimately the petrol bunk was seized by HPCL in 2009.Her son used to look after the business on her behalf.There were two properties involved in the loan one belongs Principal borrower, her son and daughter. And the other belongs to my mother. From initial day the principal borrower wanted our property to be exhausted and later he wanted to go for one time settlement.They wanted to squeeze large amounts from us. He continuously raised litigations on his property involving third parties.
Having no other go we had to give an offer to the bank to stop proceedings against our property and release our property from any claims. Bank has given us an offer which we have paid partially.
Later the bank has proceeded against the principal borrowers property and sold it for good price in e auction. The buyer has paid all amount and a sale certificate was issued. The buyer didn't get the property registered on his name.
Now the Principal borrower's son has filed an SA in DRT saying that Bank has colluded with the guarantor and auctioned their property. He wanted to pay 1.5 crores for the property which fetched 2.82 crores in the auction.
We have paid partial amount (40L)of the ots offer(1.08Cr). Bank has given six months time to pay that amount. 3 months without interest and 3 months with interest . Around 20 days are left.
We have given our offer letter because we didnt have any other choice to make.we are in dilemma not knowing what to do
Rahul
24 December 2014 at 07:44
Dear Sirs,
I was using Credit Card and due to financial difficulties I could not pay a single amount last 1 year and outstanding reach around Rs.3 lakhs and I have received a letter from Bank to settle at LokAdalat. They settled Rs.1.3 Lakhs on 13 Dec at LokAdalat., and subsequently Bank advice they will issue a letter stating that the settlement amount and EMI you should pay for 10 next months and you can start. Till now I have received any letter from the Bank but I have received call from the Bank for 1st EMI.,I ask them about the settlement letter they advice that letter will issue after you pay the entire amount.
Please advice can I start pay the EMI amount or I should wait the settlement letter from the Bank before pay.
Appreciate your replies. Rahul
satish c verma
24 December 2014 at 07:07
I have completed my Law degree 3 years regular course in 08/2000 with department permission. I m an government officer. May I apply for enrolment as non-practicable advocate, just for seniority purpose?
Mayank
23 December 2014 at 23:35
My friend's dad is an authorized insurance agent by profession and holds a LL.B degree too.
Can he enjoy the powers of an advocate like sending legal notice, fighting cases in court etc etc.
Keshava K R
23 December 2014 at 20:40
Dear Sir,
I applied for passport for native address since iam working in other place not accepted to give passport and raised 1000 rupees penalty. After that asked me to provide company HR letter and room rental agreement as per that i provided that and sent for police verification. In police verification shows adverse report by asking other than agreement & HR letter. Whatever i submitted in passport office not accepting in police verification..
Please suggest me in this case. Is it possible to get passport.
Mohd. Khalid Quraishi
23 December 2014 at 15:31
IF I DO THE GRADUATION IN ONE YEAR (CORRESPONDANT) FROM ANY PRIVATE UNIVERSITY THEN CAN I GET THE ADMISSION IN LLB 3 YEARS
Shanth Raj B
22 December 2014 at 20:50
Sir,
I am a CA Final student and have purchased online classes from a Company for my exams which are scheduled in May 2015.
1. Since from the beginning, they are behaving irresponsibly in providing services for which I am entitled to.
2. For instance, unacceptable delay in delivery of the course and also delivering the content which is not applicable for my examinations.
3. I have sent them many emails but didnot get any reply from them. If I call the customer care number, they will end up saying that they will get back to me in 15 mins but they never called back.
4. Due to their irresponsible attitude, My studies are getting affected.
I am fed up now and want to teach them a lesson.
So, what legal options do I have now? Please advice me.
lakshminarayana prathypaty
22 December 2014 at 15:19
DEAR FRIENDS
I REQUIRED THE DOJ INTHE AND ORGANIZATION AND THE DATE OF MARRIAGE CERTIFICATE SHE PRODUCED IN THE ORGANIZATION.
I KNOW VERY WELL SHE FABRICATED THE MARRIAGE CERTIFICATE.
THE AIR INDIA GAVE ME REPLY SAING SEC 8(1)(e),fiduciary relationship. sec11(1).
this is very important other wise she may cheat others too.
REGARDS
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