Vasanth
18 May 2024 at 07:46
Hi Sir,
Educational Loan - 9 lakh, Debt Amount - 30 lakh
Both the Borrower and Guarantor Died. As I was the Only Legal Heir to the guarantor, bank sent me a sarfaesi notice two months ago. I Sent an OTS Offer to Pay the principle loan Amount. Now the bank manager told me that they are going to auction the house in next 10 days. What am I supposed to do now?
1. How to Calculate Amount for One Time Settlement (Secured Loan)?
2. What Should be the OTS Amount that bank would consider if the Debt Amount (Principle + Interest) is 30 Lakhs?
Thank You
Agniva Ghosh
17 May 2024 at 18:19
Company "A", a PSU, is the owner of the land, which decides to lease the same to company "B" for a period of 60 years. Company "B" after taking necessary permission decides to sublet part of the property to company "C". The period of sub-lease is not decided yet. Company "C" now wants to avail finance from bank. Can company "C" let bank create equitable mortgage on the subleased property, considering company "C" has taken no objection certificate from the owner and the original lease holder?
Anonymous
17 May 2024 at 17:03
Steps/procedures to be followed for taking over an partnership firm by pvt ltd company by issuing shares sections to be followed companies act, income tax act and what are others steps to be followed in detail
Kishore Panchagiri
17 May 2024 at 11:43
Procedure to get Power of attorney to seel property in absence of wife
Gopi Krishna
17 May 2024 at 00:01
Hello me and my mother has sold the property in the year 2010 which is owned by my father to my brother and my sister-in-law as part of developing the property reason being at that time i am a student .
subsequently my sister-in-law expired in the year 2019 leaving my brother and her daughter as legal heirs of that property now.
Now we want to sell the property we are planning to execute a deed giving equal rights to me,my mother and my brother.
The property is under Home Loan now so Pls suggest which deed would be better to execute to make the transaction clear and also can we execute any of the deeds like Gift Deed / Transfer Deed / Family Settlement Deed as property is still under Home Loan.Please suggest
Pritesh Patil
16 May 2024 at 23:56
Dear Members,
I need some advice regarding a discrepancy in my flat number on official documents. While preparing the challan for MTR Form Number 6, the builder mistakenly listed my flat number as 63 instead of 603. However, the flat number is correctly mentioned as 603 in both my index 2 and agreement documents.
It has been over a year since I paid the stamp duty and completed the registration process. Now, as I prepare to make the full and final payment to the builder, I am concerned about potential issues that might arise in the future, especially when selling the flat.
Additionally, the bank initially refused to process my loan due to this discrepancy. They only proceeded after obtaining an indemnity from me.
Could this error on the challan cause any problems down the line? If so, what steps should I take to rectify the situation?
Thank you for your guidance.
Anonymous
16 May 2024 at 22:01
An interior designer took the work on contract on Rs. 3.34 lakh within one month but not completed the work on time. Thereafter we entered into the house. I have paid him 3.04 lakh in his account but later he stopped the work. Now he doesn't receive my phone calls.
Anonymous
16 May 2024 at 19:51
I am from Pune I got married in 2013 and now it is almost 10 years to my marriage I don't have a child I repeatedly complaint my wife about the lack of sexual intimacy between us and it kept on building in my mind and now the time has come that I cannot bear it anymore it is causing mental trauma to me. To be frank I do not have any kind of sexual relations with my wife. Whenever I tried to talk to her that we should indulge in sexual activity she used to tell me that if you want to fulfill your physical needs go out and full fill them.
Finally after so many years of harassment I have raised my voice and my father in law is now threatening me to kill me what should I do?
I have two questions does the case stand in my favour?
As my father in law is threatening me to kill me what are the steps I need to take according to the Indian law against him?
Anonymous
16 May 2024 at 18:40
My late mother was living with my family at Mumbai but unfortunately due to some misunderstanding she stopped contact with us and left with my youngest sister who was residing in Tamilnadu and expired in a orthopaedic hospital. I attended the final rites in the village with my younger sister from Mumbai since I was not in good terms with my sister, one of the relatives informed me that my late mother was suffering from lung cancer. Now my youngest sister with his family has entered my house for the death anniversary of my mother and sent legal notice to vacate my family mentioning that my mother has gifted her my current residential property which was in my mother's name.But I and my youngest sister had no idea of the registered gift deed please guide us to avail the Medical certificate of cause of death
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Succession rules pagari system for redevelopment
Dear Sir/Madam,
My late father owned a property in the Pagari system Mumbai, which is currently undergoing redevelopment. I am his elder son, one of the 4 legal heirs. The other heirs include the widow of my deceased brother, my step-brother who is currently staying in the property, and a married step-sister. Three of us moved to different places after marriage (myself, my late brother, and step-sister) and were not staying with my late father at the time of his demise.
Can the rent receipt be transferred to all legal heirs, which is currently in my father's name?