These eleven things you need to know for acceptance of power of attorney for creation of mortgage or sale of property

Every other day, we have been coming across cases where fraudsters are using Power of Attorney for creating mortgages or sale of properties. General Public, Bankers, and other financial lenders are most vulnerable to mortgage-related frauds. Therefore, Staff working in the loan and advance departments of banks and financial departments shall be vigilant at the…

SC gives November 2 deadline to Centre for an action plan to implement waiver of compound interest

Directing the government to implement the decision to waive “interest on interest” without delay, yesterday the Supreme Court directed the Centre to come back “with an appropriate action plan” on November 2.  The above direction came from Apex court when solicitor general Tushar Mehta, representing the Centre, said the waiver would come into effect by…