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Soumya Naskar   30 May 2010 at 10:41

Housing Loan

Sir,

My father took a housing loan of Rs. 7,00,000 (seven lacs) from State Bank of Hyderabad, Howrah branch, West Bengal by mortgaging the original title deed of our residence, which is in the name of my father. He was the sole borrower (no guarantor)& the tenure of the loan was 60 months, & the EMI was Rs. 11,000 initially & then it was increased to Rs. 14,100. Now he repaid back Rs. 7,08,400 (seven lacs eight thousand & four hundred) in 52 installments. He was never a defaulter in paying this EMI to the bank.

Unfortunately my father passed away in July 2009 during the course of this loan keeping behind three legal heirs- my brother, my mother & myself. He was the sole earning member of our family & we were dependent on him. When he expired the outstanding loan amount was around Rs. 1,26,000 (one lac twenty six thousand). I approached the branch manager several times & requested him to negotiate & compromise the outstanding loan amount but he refused to my request & insisted me to either continue to pay the EMI of Rs. 14,100 or clear the entire outstanding loan amount at one shot.

My question is since my father took the loan as a single borrower (there is no guarantor), are we, the legal heirs responsible to clear up his liability. If yes, can we compromise on the outstanding loan amount & to what extent? Also what is the procedure of loan settlement what legal steps we can take so that the bank cannot initiate any legal procedure against us.

Regards,

Soumya Naskar
Ph: 9804616166

Swapna R Nair   30 May 2010 at 09:29

U/s 138 of N I Act,1881

What is the procedure of the U/s 138?
How to file the Case of 138?

S.AROKIADOSS   30 May 2010 at 08:55

marrying a widow - muslim marriage

Sirs,
My son got married in mid Jan 2009 (Christian Marriage). After two and half months, requested by them my daughter in law was taken to her mother’s place for medical attention and rest. She was conceived at that time. As assured by them, they refused to send her back after two months, saying that her health was not good (which was not true).
She is a bank employee and she was attending her office. Now it is more than thirteen months since our daughterinlaw left our place. A male child was born in November 2009. Many efforts on our side to bring her back were in vain. There were letter correspondences, allegations, counter allegations etc. They wanted my son to leave us and to live with his wife separately, which has been placed by them in writing. From day one of married life my son is not accessed to his wife’s income or any information about that. Now my son has reached a point that he should go for divorce and re-marry. At this juncture a Muslim friend approached and pleaded to marry his widow sister (having one year old son). He also said that he need not divorce his wife which may enable her to rejoin if she realizes/wishes. My son is having slight inclination towards that idea. My son is a central govt. employee.

If my son convert to Islam and marry that widow will any legal problems arise in future?
Also please answer any query which you feel that I have omitted.

Thanks
Arokiadoss

Anonymous   30 May 2010 at 08:53

LL.M IN TAXATION LAWS

I am an Advocate. I want to persue correspondence LL.M in Taxation laws. Please provide the name of any university which provide such cource

Anju   30 May 2010 at 01:29

Power Of Attorney

Sir,
I wd like to know that whether power of attorney has a validity of time.
My father had issued a POA in my favour in 2008,kindly tell me its still valid after 2 years?

Anonymous   30 May 2010 at 01:26

Defamation

Filling of a written statement can be /cannot be defamatory .?
who are exempted in defamation case

Dhruva Shah   29 May 2010 at 22:29

Negligence & Not completion of work

What is the recourse available to a client who has given entire fees to a lawyer for a particular purpose and the lawyer is not doing the work efficiently / negligently ?
Due to the negligence of the lawyer the client went through unnecessary mental and financial torture?

What shall be the right recourse available considering he is a big time lawyer?

Anonymous   29 May 2010 at 20:49

DECREE

DEAR EXPERTS, Iam in need of suzzessetion in land -matters in court decrees ,can court decrees are valid in obtaining on land matters? can it is valid as in registration act?

Anonymous   29 May 2010 at 20:47

Grandfather's property

My grandfather got a agricultural land in Haryana through gift from Britisher's in between 1940-1950, I don't know exactly.After my grandfather's death it was divided among his three son's.My father was one of them, he passed away last year leaving a registered will in my favour.On the basis of that will I transfored that property in my name.We belong to Hindu family.

1. Is my father's will valid.
2. Can my sister's demand their share in that property.

Anonymous   29 May 2010 at 20:40

Divorce U/s 13B of the HMA 1955

My wife want Divorce under mutual concent from me. I am going to appear before the court for the same. I want to know that if subsequently I withdraw my concent, can she afterwards lodge any complaint of any kind e.g. 498a etc. At present no complaint against me of any kind. Also no any other grounds for divorce U/s 13(1). She had left my home voluntarily on 24.04.2009. We are living separately since Sep'2009. Till Sep'2009 there were husband-wife relation between us.