Have a legal query ?
Ask us !
Get Free Legal Advice Using Our Q&A Platform

Legal Q&A

File for bankruptcy in India

Want to file for bankruptcy as unable to pay my outstanding dues towards my personal loan

  • 1 Answer
  • 321 Views
Asked at November 17, 2017
782fdcdfcb12128bf7acf28289e8be5968bf2274 Kishan Dutt Retd Judge
last answered over 4 years ago
Recall of warrant in default of payment case

I have a case pending under NI act 138 where I have paid rs 90000/- to the party and balance and of rs 50000/- is to be paid. I have missed two dates due to genuine reason and now arrest warrant has been issued against me. Now I want to know how to proceed further. As my lawyer says don't appear...

Read more

I have a case pending under N I act 138 where I have paid rs 90000/- to the party and balance and of rs 50000/- is to be paid. I have missed two dates due to genuine reason and now arrest warrant has been issued against me. Now I want to know how to proceed further. As my lawyer says don't appear in court without money as court will send you to jail. I want to know whether recall of warrant issued can be possible because I'm facing serious financial crisis. And my lawyer also says that I have to take bail again and then rest of the proceeding will take place. Please guide me or give some experience lawyer who can guide me. Thanks.

  • 1 Answer
  • 595 Views
Asked at November 13, 2017
Default avatar Roy Asit Kumar
last answered over 4 years ago
How to recover money from bank shut due to insolvency

I am a serving Army Soldier at Delhi. From 18 years of hardly earned money from high altitude and tough terrain areas of country for sum of Rs 2400000/- have been deposited to Nirmal Krishna Chits Pvt Ltd , Palukal, Kanyakumari for the construction of home. On 07th SEPT., Iheard that, the said...

Read more

I am a serving Army Soldier at Delhi. From 18 years of hardly earned money from high altitude and tough terrain areas of country for sum of Rs 2400000/- have been deposited to Nirmal Krishna Chits Pvt Ltd , Palukal, Kanyakumari for the construction of home. On 07th SEPT., I heard that, the said bank was shut down permanently with court notice as insolvency 3/2017. I contacted the lawyer (Advocate of said firm) by telephone told me that my amount is safe and it should be credited by the court or take a legal action . What type action I should take to collect the amount? Please help me.

  • 1 Answer
  • 734 Views
Asked at October 05, 2017
Default avatar Apoorwa Iyer
last answered over 4 years ago
dishonor of cheques

Whether 'Dishonor of cheques' due to insufficient funds can be a ground under Other Reasons for NPA (Non Performing Assets). Explain with the help of a recent ruling.

  • 1 Answer
  • 659 Views
Asked at September 21, 2014
Default avatar Arushi
last answered over 7 years ago
How do debt recovery tribunals work?

How do debt recovery tribunals work? Can a lay-person who is not a financial institution or a bank use the Debt Recovery Tribunal to recover debts owed to him/her? Is there any related case law?

  • 2 Answers
  • 2236 Views
Asked at November 21, 2013
Default avatar Rutumbhara
last answered over 8 years ago
transfer in mid year

Suppose a student applies for a transfer(inter university transfer) in the odd semester and is approved to join an institution but his parent university denies him permission to move out.Can the student file a complaint against this.

  • 1 Answer
  • 642 Views
Asked at June 13, 2013
Default avatar Swarnendu
last answered almost 9 years ago
Please Login or Register to Submit Answer
Directory ads
Need to talk to a lawyer?

Book a phone consultation with a top-rated lawyer on Lawfarm.