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naman jain   31 March 2023 at 15:32

Foreclosure charges on the od limit by hdfc bank

I have a OD limit with HDFC Bank for a very long time and HDFC bank has been charging high interest rates from me and now other private bank offers me lower rate of interest and I want to switch the bank.
If I switch my bank right now then do I have to pay the foreclosure charges? Today I received a letter from the bank citing the changes in the agreement regarding the prepayment charges. They tend to charge 4% if I am not registered under MSME at the relevant time of availing the facilities and 2% if I am registered and NIL if I want to reduce the business liabilities. My renewal date is due in June and I was registered under MSME and I have a MSME certificate dated 29.03.2022.
I want to ask:
1) The exact definition of prepayment charges and whether they apply at the time of renewal?
2) Whether I come under MSME or not as mentioned by the bank at the time of availing the services?
3) If I change my bank by the means of takeover at the time of renewal, then whether the prepayment charges apply or not?
4) If I Pay all the outstanding amount with my own funds at any given point of time, then whether the prepayment charges apply or not?

Atul Thakkar   26 March 2023 at 10:25

Adjourment/no hearing/what is petitoners/litigents remedy

WE HAVE FILED PETITION IN NCLAT IN APRIL 2022.PETITION NOT HEARD SINCE THAN.NO STAY GRANTED.APPEAL TO SUPREME COURT.SC GRANTED LEBERTY TO PRESS FOR THE INTERIM RELEIF.STILL NOT HEARD STATY PETITION OR HEARD FINAL PETITION. 2 IA FILED IN BETWEEN.NOT HEARD.MATTER IS BEING ADJOURNED TILL DATE ATLEAST 7/8 TIMES.THERE IS DEAD LOCK IN COMPANY AND ADDITIONAL DIRECTOR/JOINT SIGANTORY ARE NOT SIGNING CHEQUES FOR DAY TO DAY OPERSTION OF COMPANY SINCE LAST 2 MONTHS.NCLAT IS NOT GIVING DIRECTION ON IA FILED.
WHAT REMEDY WE HAVE IN LAW?
WHAT IS TIME LIMIT IN LAW TO DISPOSE THE APPEAL BY NCLAT?

Anonymous   25 March 2023 at 11:31

Bank premises rental renewal due

Hi SIr

One of bank is operational from my building premises and rental renewal is pending for more than 1.5yrs. multiple application, meeting done with branch Manager, circle head, zonal head but nothing is moving.
Please suggest the how to process further and legal advice.

Susmita Devi   10 March 2023 at 14:45

Unpaid cooperative bank loan

My mother had brought a loan of Rs 20,000 at 19% interest in the year 1996 ... now from the loan amount she had paid Rs 12000 and rs 8000 were unpaid ...now the cooperative bank asking for Rs 3,50,000 because of rs 8000 was not paid on time ....now my mother is not able to pay the due amount and i don't know what to do now as my mother belongs to schedule caste and she is a house wife so she is not able to pay the whole amount ...so can i get some suggestions or help on this matter

Anonymous   23 February 2023 at 22:40

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Magret Soukaina   07 February 2023 at 01:10

How you can recover you lost bitcoin

i want to quickly leave this review here, sometime last month i was convinced to invest in Bitcoin Binary, i didn't know how to do it so i met a firm online and i was happy i never knew that was the beginning of my destruction i trusted him and i invested with them, unluckyling for me i was scammed all of my coins, as if that was not enough i tried to recover them i was advised by a friend of mine we met online and have been very good to me though have never met her, i took her advice and she directed me to a bitcoin hacker who can help me recover my lost BTC i contacted him and he took away my $23,000 trying to recover my lost bitcoin, she was working with him at this point i had lost it all, then again something keep on telling me not to give up that i can get my money back, i decided to go spiritual this time i met a spell caster i read people commenting that he helped them win lottery with spell cast, i contacted him again though this was different and i explain my story to him he consoled me and promise me victory, i did all he ask of me and said my bitcoin with be restored to me in no time, i was actually waiting for a miracle, the next morning i got an email from the bitcoin scammer that he has been seeing me in his dream every night that i have be chasing him and for real he keep seeing me day and night, i thought it was all a joke till his parent and siblings also called that i should save their son he is not talking anymore just laying dead but alive, at this point i was feeling bad and scared i don't want to kill anyone, so i called Dr Dominion and told him the situation and he said he will remain like that till he return my BTC, to cut the whole story short, Dr Dominion restored him and immediately he returned my BTC, now he is working on the fake hacker who took my money i will come back to let you all know once he is done with him. meanwhile if there is any of your there looking for help to recover your BTC Dr Dominion is the best solution believe it or leave it. here is his contact you can reach out to him for help.
Email: dominionlottospelltemple@gmail.com
website: https://dominionlottospell.wixsite.com/dr-dominion

surajit samanta roy   23 January 2023 at 13:40

Micro, small and medium enterprises development act 2006.

Award passed by the Director of Industries under MSEFC . Whether the award will be challenged in appeal before the High Court or willed challenged U/S 34 of Arbitration & Conciliation Act 1996. Please advise.

Arumugam G.S   20 January 2023 at 13:29

Private limited properties sell to other private persons

what is the procedure of the private limited company properties sell to other private persons. kindly tell me sir

Anonymous   19 January 2023 at 14:59

Npa of cgtmse loan

Dear Experts

I have availed a loan from a national bank under CGTMSE scheme (Small Enterprises) in 2014. The business was ok till 2017. Thereafter due to some health conditions couldn't continue and the account went into NPA. Currently I am unable to pay and no source of income. The bank have hired a recovery agency who visits my home every now and then. This is not a willfull default. I am willing to pay around 20% of the loan amount by selling some of my assets. Can't the bank claim from CGTMSE?

Anonymous   16 January 2023 at 16:48

Esi pf to be deducted

Is ESI PF deducted on arrears of salary given by company to it's employees




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