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When an individual opens a savings bank account, he/she is required to maintain the minimum balance in the account as per the bank's policy. If the minimum balance in the account is not maintained, then a penalty will be levied by the banks. However, the question is if the savings bank account can go into minus due to penalty if minimum balance is not maintained?
In December 2022, the Antitrust Division of the U.S. Department of Justice and the U.S. Department of Health and Human Services' Office of the Inspector General announced a memorandum of understanding ...
Once the property owner dies, it is upon the legal heirs to transfer the property in their name. The process to transfer the property in the legal heirs name depends on whether there is a will or no will. Here is how legal heirs can transfer the property to their name after owner has passed away.
An individual can buy a auction property (also known as distressed property) from a bank. The property will be auctioned and sold to the highest bidder. Before participating in the auction, the individual should keep certain things in mind. This is because an property is being sold in an auction because a borrower defaulted on the EMI payments.
Karanjawala & Co. has promoted Ms. Tahira Karanjawala as its 11th Partner in the Firm with effect from 24.08.2023. Tahira Karanjawala, holds a law degree from Amity Law School, New Delhi, and...