Tips for NBFCs to Track Defaulters’ Legal Notices
Understanding NBFC (Non-Banking Financial Companies) NBFCs are non-banking financial institutions that are not banks yet provide financial assistance and services. A Non-Banking Financial Company has many services that come under it; acquisition of bonds, debentures,
Read More ⟶What Lawyers can include in a Cheque Bounce Notice?
The cheque bounce notice is a legal notice sent by an advocate on behalf of his client to recover the unpaid amount of the cheque. It is served in accordance with Section 138 of the
Read More ⟶A Guide to Money Recovery from Debtors in India
If you have sold something to a customer or a client, and the payment is getting delayed, then it is time to act. You cannot resolve the matter without taking action that might put the
Read More ⟶Peer-to-Peer Lending: Overview & Legalities
(P2P) or Peer-to-peer lending is a system through which people, hitherto unknown to each other, can directly borrow money from one another. P2P platforms act as the aggregator between borrowers and lenders. These platforms carry out
Read More ⟶Bilateral Contract
Introduction to Bilateral Contracts Bilateral contracts form the foundation of countless transactions and agreements in various industries and sectors. Understanding the concept and features of bilateral contracts is crucial for individuals and businesses involved in
Read More ⟶How lenders can use OCEN to thicken their Loan Books
What is OCEN? Open Credit Enablement Network (OCEN, pronounced O-ken) is a set of open standards. OCEN is part of the larger IndiaStack. India Stack aims to enable digital transformation by allowing governments, businesses, startups,
Read More ⟶A Guide to Legal Notice Drafting
Legal notices are crucial for any legal proceedings to begin. Actually, in a few cases, the lawyer has to ensure there is a formal written communication exchanged between the parties before proceeding with any matter
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