Anonymous
02 March 2026 at 11:55
Dear Sir/Madam,
I am seeking your legal advice regarding my notice period obligation with my current employer.
As per my appointment letter, the notice period of 15 days is applicable after confirmation. I have completed 4 months of service; however, the company has not issued any confirmation letter to me till date. Despite this, HR is verbally insisting that I must serve a 2-month notice period, which they claim is as per company policy.
There is no written communication or clause in my appointment letter stating that a 2-month notice period applies during probation. Since I have not been formally confirmed, my understanding is that I am still on probation and the post-confirmation notice period should not apply to me.
I have received an offer from another company that requires me to join within 15 days. I want to ensure that I comply with my legal and contractual obligations and exit properly without future legal or professional issues.
Could you please advise:
Whether I am legally bound to serve a 2-month notice period without having received a confirmation letter?
Whether I can serve/pay only the probation notice period as per my appointment letter?
Any risks involved if I resign by serving 15 days’ notice or salary in lieu of notice.
Anonymous
19 November 2025 at 11:25
Sir/ Madam
In the year 2016 september my father took 7lakhs personal loan from hdfc bank.after four months that is february 2017 my father died because of heart attack.my father taken insurance policy for this loan,but the bank is saying the policy is only for accidental policy.my mother also died recently in july 2020.now the bank advocates are sending notices to me to repay the loan. Will i have to pay the loan. Please suggest me what i have to do.
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I have allowed mortgage over my Land in favour of Bank towards loan availed by a corporate entity.I am not stakeholder or a director in such corporate entity and it was a third party mortgage.The sanction letter specified that my personal liability shall remain restricted upto the value of my land mortgaged.€the account has been NPA and Bank has invocked Sarfaesi provisions against my land also. The bank has taken symbolic possession of the land. The bank has put my land on auction but did not receive any bid.The bank now contemplate a second auction. I have offered the bank the present valuation price and redeem my land and liability. The Bank does not agree. Can I redeem my land by tendering the reserve price when I receive sale notice prior to publication of sale notice ? The Bank however says that in such scenerio I will be required to pay the entire dues of the borrower as against the sanction letter stipulation of my liability being limited to value of my land. Request to clarify my position.
Anonymous
23 August 2025 at 01:27
Hi, my qualification is BE and CMA intermediate. Working in private MNC in finance department. I would like to improve myself in legal advisory services especially in corporate sector. Is there any academic courses that i can do and develop my career in same MNC itself
Anonymous
30 January 2025 at 14:13
If a deceased director takes loan from bank for company against his property as mortgaged and then misappropriates loan amount to his personal use and transfer some amount to his personal account. Does his legal heirs responsible to repay it and he will be personally liable to pay it or it would be done without lifting of corporate veil.
My query
if bank is unable to take auction the property under section 13(4)of sarfaesi act, can bank file a money suit against the same borrower and the property.
Anonymous
31 December 2024 at 20:45
A financial Institution (FI) conducted a public auction on 30-9-2019 for sale of 3 residential properties. I was declared successful bidder for one of property. For other two properties FI conducted another auction on 30-11-2019. FI has refused to hand me over the possession of property by saying that auction has been cancelled by Debt Recovery Tribunal (DRT). However as per order of DRT, auction dated 30-11-2019 has been cancelled rather than auction dt 30-9-2019. It is not a typing error otherwise FI could have gone for rectification so far. DRT’s order is just of 2 pages. Aggrieved by action of FI I filed a SA on 30-12-2019.
In the last 5 years matter has been fixed for hearing 23 times in last 5 years but hardly any effective hearing has taken place so far. In last 5 years FI has appeared before the Honourable Court just once. It is really frustrating that honourable Court could not find enough time to read just 2 page of DRT order dt 18-12-2019 in last 5 years. Early hearing request is also not working. Writ to High Court is not working since DRT is not having time. It is not that in last 5 years DRT has not heard /decided any matter but somehow my turn is not coming.
Although my auction has not been cancelled as per wordings of DRT. But what has been cancelled by DRT is also based on false and misleading evidence given in court and without impleading me.
I am worried that property might get sold before decision of DRT comes. Can some criminal action be taken against FI.
My company holds 30% share in a dissolved company which in turn holds considerable stock in leading Banks and has a valuable landed property.
The official Liquidator knowing fully well of these assets dissolved the company in12020.
These shares are with the RTA agents along with the dividend.
I approached the liquidator asking him what are the dues that has to be settled.
The company has to pay 34% to the workers along with 4% interest.
This is 1/6 of the consideration of the shares and landed property.
Now I intend to file a case in High court to restore the company to the stage of winding up and claim my share. There are other 2 companies which have share in the dissolved company, but they have been liquidated, one voluntarily some 20 years back and the other by the official liquidator.
My question is what should I do?
1 Restore the company and claim my company's share.
2. Buy the dissolved company as I envisage, I will be getting it for a cheaper price.
need your guidance
Company name struck off by the registrar of companies
The Registrar of Companies struck off the name of the company for failure of the Directors of the company in filing annual returns with the RoC. Whether the assets of the company both movable and immovable continue to vest with the company, what is the fate of them.