Legal Remedies for Recovery of Loan
In this article we will briefly cover the legal remedies one can resort to against their debtors in case there is default in paying the loan amount.
In this article we will briefly cover the legal remedies one can resort to against their debtors in case there is default in paying the loan amount.
Most of you must have seen an arbitration clause in the terms & conditions of any contract that you sign. A detailed article on this subject and how it impacts debt recovery.
For companies, partnership firm, proprietorship firm and traders etc., can file a suit for recovery of their unpaid bills/ Business due amount or payment where there are any written contract/agreement between the parties.
One of the most prominent provision requires the Developers to deposit 70 percent of the funds collected from buyer in a separate bank account.
Maha RERA has given ruling on one very important aspect which is about the applicability of RERA Act on properties which are on lease/rent.
The RERA is going to override the arbitration clause in the agreement. And keeping the same in view it is advisable to the aggrieved home- buyers that they should reach before RERA
This article is about MahaRERA and how it rejected complaints of a number of home buyers, who invested their hard-earned money in Bhagtani’s Serenity project in Powai
A detailed article about that why legal document or agreement is required for review by builders. take a look.
From 1st May 2017, every promoter shall register the real estate project before its advertisement of any plot or apartment or building.
There are a few permissions and documents a builder or promoter must have if they are selling flats. Here are the documents that you should check when buying a flat from a builder.
A fund raising exercise is not an easy task, especially by startups. Therefore, we make a systematic plan to cover every legal aspect to raise investment from the potential investor.
Most start-ups these days prefer to form a private limited company as it is more easy to them to raise capital through venture capitalists.
Getting a loan from banks at reasonable interest is not an easy exercise. Its wise to avoid common mistakes that most of us do as you are going to cost your time and money. You need to study and figure out your exact requirements. In this article we will tell you seven common mistakes that people make while applying for a loan.
An employer is liable to pay his contribution in respect of every employee and deduct employees contribution from wages bill and shall pay these contributions at the above specified rates to the Corporation within 21 days of the last day of the Calendar month in which the contributions fall due.