Loans in India are generally taken to meet a personal, business, or commercial need from banks and NBFCs. Now, when the borrower fails to pay back the principal or interest or both on time or improperly, it ceases to be a mere financial question and becomes a breach of contract. In such situations, the first …
How To Send A Legal Notice In Case Of Loan Default? Read More »
What is a Legal Notice? A legal notice is an official document that communicates a party’s intention to take legal action against another party. The sender, usually a person or an organization, sends this notice to the recipient, notifying them of the issue at hand and the sender’s demand for resolution. This legal document serves …
What is a Legal Notice and Why is It Important in Legal Disputes? Read More »
Different types of financial disputes are quite common in India, such as legitimate claims by individuals from businesses, people taking personal loans, unpaid invoices from contractors, and even breach of contracts. He said when such a situation arises with a debtor that he has failed to repay despite a few reminders, he or she will …
What Is A Legal Notice For Recovery Of Money And How Can It Help You Get Paid? Read More »
In today’s world, the loss of money has become a big issue that can lead to losses due to financial fraud and criminal breach of trust. In this situation people should not take any quick steps, rather they should keep calm and think seriously about this situation.You can even give notice to the opposing party …
How To Take Legal Action For Recovery Of Lost Money? Read More »
Since checks work as a medium of exchange that promotes cashless transactions, people find it more convenient to carry checks rather than cash. People favor cheques because they reduce risk when making large or expensive transactions. An unmarked bill of exchange issued on a particular banker that is due only upon demand is called a …
Cheque Bounce and Its Judgments of Favor of Payee Read More »
Financial transactions have become essential in both business and personal interactions in today’s fast-paced economic environment. Cheques are a popular means of financial exchange because they act as a guarantee of payment. However, disagreements and strained relationships can result from cheque bounces, which occur when a cheque is not honoured for various reasons, such as …
In India, cheque bounce is a frequent problem that has long affected both businesses and individuals. To address this issue, the Indian government has nevertheless made some notable moves. To address cases of cheques being bounced, the government introduced the Negotiable Instruments Act, 1881. Cheque Bounce Case: About Who Can File a Cheque Bounce Case? Cheque Bounce …
People suffer significant losses in some cases as a result of a lack of knowledge about their rights and remedies. Others who are aware of their rights are unable to obtain remedies due to inadequate legal assistance. It is a method of restoring the default amount. Legal notices are important in the legal process because …
Employers should not tolerate inappropriate behavior or indiscipline in the workplace. If such behavior goes unchecked, it fosters a culture of neglect and dissatisfaction among other employees. For minor infractions, most organizations issue a verbal warning as the first step. However, repeated or deliberate violations of office rules, as well as any unprofessional or fraudulent …
How To Draft A Legal Notice To An Employee For Misconduct Read More »
A legal notice for breach of contract is a notification sent by one party to another party informing them that they have breached the contract by failing to perform their part of the agreement. In such cases, one party must serve a legal notice to the other party, explaining in detail how they have failed …
How To Send A Legal Notice For Breach Of Contract Read More »
