Arbitration

Jurisdiction and Power of Arbitrator-To Award Future Interest and Interest Pendente Lite

Introduction The Oxford dictionary defines interest as money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt. In legal disputes, interest is the most sort for liquidated damage which parties seek. In Power of Arbitrator concerning monetary matters, a disputing party can claim three …

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sarfaesi Act

Enforcement of Security Interest: SARFAESI Act,2002

Introduction In developing countries, the financial sector has played a vital role as it has increased the economy of the Country. Securities and debt are the latest systems that are introduced in the financial sector. As the latest techniques are introduced, the law should also be adapted according to the changes made in society to …

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Arbitration

Arbitration Law in India

Introduction Alternative Dispute Resolution (ADR) and litigation can be referred to as two peas in a pod in the world of law and justice. Though both the procedures share common goal i.e. resolution of disputes, the process to reach such a goal is very different. The dictionary meaning of the term ‘litigation’ is the process, …

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Debt Recovery Strategies

Strategies and Tools For Bad Debt Recovery Services

Strategies for Debt Recovery Each and every individual working in any sector wants to earn money and the companies that lend money(loan) to such individuals for various purposes are no different. In order to make money/gain profit, it is imperative for lending companies to formulate prudent and well-considered strategies as to how the Bad Debt …

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Debt Recovery Software

Debt Recovery Software

Introduction Debt Recovery Software is a process in which a loan goes unpaid continuously. To save the loan from becoming a bad loan or non-performing asset, the creditor hires a collection agency or a Debt Recovery Software, a third party that helps in the legal recovery of the loan. Loan Recovery Platform verifies every claim …

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