The dice is heavily loaded against a guarantor. As in the case of Gajendra Issar, who had to pay Rs 50,000 to a bank when his friend defaulted on debt payment. Luckily, there were two other......
Real estate developers are grappling with the issue of meeting loan repayment commitments. Recently, Mumbai-based real estate developer Orbit Corporation defaulted on a Rs 96-crore (Rs 960-million)......
Only in case of equities will the nominee will automatically get the money. Otherwise, she is only a trustee. Ashok Singh had bought an insurance policy in 2000. When he passed away in 2008, his......
Ritu Mishra, 26, decided to shift to an apartment where her friend stayed on rent. However, after an argument with her friend, Mishra wanted to shift from there. To her dismay, her friend refused......
In its first payout on Tuesday, National Spot Exchange Ltd (NSEL) was able to pay only half the money due to investors.While the NSEL Investors’ Forum is considering taking the legal route......