Money Borrowing Agreement In India
Monday, September 27, 2021 in Uncategorized
The loan granted under this agreement applies to ………….. Nor can the loan period be extended by mutual written consent of both parties. If he is ready to sign a document on our transaction, can the PR be prepared now, one year after the money is made available? A friend of mine is in the United States and his wife is in Inde.Sa wife is expecting some money from her husband so she can take a country and build a house in Hyderabad. But she wants to keep the estate in her name and she is ready to repay her husband in the future (interest & principal amount). Well, what kind of credit agreement should be concluded between wife and husband and the loan agreement should be problem-free, although problems like divorce/separation, etc., will arise in the future. I lent money to my friend 2 years ago, but he couldn`t make tit as promised and now he is ready to write a PN with posted (i.e. the PN is prepared as if it had been prepared two years ago). Is this valid? My uncle is a farmer and owns a new house (ground floor and first floor) and farmland (1.67 hectares) worth 33 lakes. With my money, he paid bank loans that he took out to others for higher interest rates.
He refuses to pay me interest and plans to pay the principal in installments, provided he makes a profit in agriculture. A credit agreement contains the following information: I lent 3 lakhs to my friend a year ago, I did not receive a signed agreement, he is ready to sign an agreement now, it is advisable to have an investment in the agreement containing details about the amount of the loan given in the past (1 year back). The loan amount was by wiping the credit card in several months for small amounts up to 10K Hello Sreekanth, I am ashish, I gave my uncle the sum of 7lakhs 50 thousand to 1.5% interest per month. We wrote an agreement for 4 years. He didn`t even give me the amount of interest (he gave some money for my expenses when asked), I asked him to be specific in terms of money. I asked him to make everything transparent and written on paper. As the contract date approaches, I asked him to look at our account in order to avoid any misunderstanding about the money….
