July 2, 2014
Supreme Court's recent guidelines for speed disposal of cheque dishonour cases
On 21/4/2014, Supreme Court issued various directions for speedy disposal of cheque dishonour cases.
These directions came in a PIL No. Writ Petition No. 18 of 20013 filed by Bankers.
Those who may be interested may search this judgement of official website of Supreme Court.
Haresh Raichura
2/7/2014
SC: Banks, while auctioning property of borrowers, must strictly follow rules, otherwise such sales can be cancelled
A person who is unable to pay bank loans is in very precarious situation.
Bank gets power to auction and sale away his mortgaged properties against his will.
The borrower often complains that their property was valued more than Rs.1,00,000,00/- but bank put lesser value and sold away property for Rs 10,000,00/- in collusion with auction purchasers.
Such things can happen. And therefore there are rules
1) That bank should get property evaluated by independant agency before auctioning it.
2) That 30 days notice should be given to borrower.
If such rules are not followed, the court may cancel such sales.
For more reference :- please check judgement dated 22/4/2014 in Civil Appeal No. Civil Appeal No. 4679 of 2014
The judgement can be searched on official website of Supreme Court of India
Haresh Raichura
2/7/2014
Bank gets power to auction and sale away his mortgaged properties against his will.
The borrower often complains that their property was valued more than Rs.1,00,000,00/- but bank put lesser value and sold away property for Rs 10,000,00/- in collusion with auction purchasers.
Such things can happen. And therefore there are rules
1) That bank should get property evaluated by independant agency before auctioning it.
2) That 30 days notice should be given to borrower.
If such rules are not followed, the court may cancel such sales.
For more reference :- please check judgement dated 22/4/2014 in Civil Appeal No. Civil Appeal No. 4679 of 2014
The judgement can be searched on official website of Supreme Court of India
Haresh Raichura
2/7/2014
July 1, 2014
Consciousness is the magic door through which we see the world
For an unconscious body, this world does not exist. The Universe does not exist.
The moment we become conscious, the world appears. We see parents, then relatives, then friends, then the world and its big buildings.
The consciousness is the Magic Door through which we enter in the world.
What is the stuff from which consciousness is made?
What are the basic laws governing conscious?
How consciousness of human beings is different than the consciousness of animal?
How do we measure consciousness?
I think there is little definitive progress of science in this area.
You are reading this blog it is because you are conscious.
Neville Goddard in his book "Feeling is the Secret" says,
"As in consciousness, so on earth".
See if you can design your own consciousness.
If you can change your conscious thoughts, you may see corresponding changes in the world around you.
Haresh Raichura
1/7/2014
The moment we become conscious, the world appears. We see parents, then relatives, then friends, then the world and its big buildings.
The consciousness is the Magic Door through which we enter in the world.
What is the stuff from which consciousness is made?
What are the basic laws governing conscious?
How consciousness of human beings is different than the consciousness of animal?
How do we measure consciousness?
I think there is little definitive progress of science in this area.
You are reading this blog it is because you are conscious.
Neville Goddard in his book "Feeling is the Secret" says,
"As in consciousness, so on earth".
See if you can design your own consciousness.
If you can change your conscious thoughts, you may see corresponding changes in the world around you.
Haresh Raichura
1/7/2014
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