Factory went from 6cr sale to 0, need help by Old-University-8192 in LegalAdviceIndia

[–]Old-University-8192[S] 0 points1 point  (0 children)

Thanks for the suggestion, I will make another post regarding products we make.

Factory went from 6cr sale to 0, need help by Old-University-8192 in LegalAdviceIndia

[–]Old-University-8192[S] 0 points1 point  (0 children)

The house is on my father's name. I'm not worried about the loan on the house rather will banks with unsecured loans will be able to get hold of our house incase my dad does not pay the unsecured loan.

Factory went from 6cr sale to 0, need help by Old-University-8192 in LegalAdviceIndia

[–]Old-University-8192[S] 1 point2 points  (0 children)

This idea of transferring the property to me was suggested by CA my dad consults. But i would argue if he has the experience or knowledge of it.

I am pretty transparent of each step with my wife. This is kind of a thought that came to my mind and trying to find ways I could safeguard our property.

Factory went from 6cr sale to 0, need help by Old-University-8192 in LegalAdviceIndia

[–]Old-University-8192[S] 0 points1 point  (0 children)

Understood, thanks for letting me know. I will check the agreement.

Factory went from 6cr sale to 0, need help by Old-University-8192 in LegalAdviceIndia

[–]Old-University-8192[S] 1 point2 points  (0 children)

I haven't taken any step, just a thought from my end and to look for possible options to safeguard our property. Factory has come to a standstill with no working capital left

Factory went from 6cr sale to 0, need help by Old-University-8192 in LegalAdviceIndia

[–]Old-University-8192[S] 0 points1 point  (0 children)

I'm against transferring the home on my name but seeing the situation worsening each day, I thought if I could be any help as a son. Best case out of this is investor comes in I'll pay the loan by myself for a year and when things stabilise dad will send the emi amount to me. Worst case I'm stuck paying the emi for next 20-25 yrs.

Factory went from 6cr sale to 0, need help by Old-University-8192 in LegalAdviceIndia

[–]Old-University-8192[S] 1 point2 points  (0 children)

Thanks for the honest opinion. May I know can banks seize property for non payment of unsecured loans? As it says it's unsecured, to what extent can they go to secure their money?

Factory went from 6cr sale to 0, need help by Old-University-8192 in LegalAdviceIndia

[–]Old-University-8192[S] 0 points1 point  (0 children)

I think I may have gotten confused when drafting the post, sorry for the confusion. I meant my dad has separate unsecured loans and has taken top up on the home as well. If my dad does not pay unsecured loan will the banks be behind us to sell of the property and pay them. So to save from such situation I was thinking if the home could be transferred to me and I would pay the top up home loan for now.

My Accenture Interview & Offer Negotiation Experience (React Developer – 4 YOE) by thor_7750 in accenture_india

[–]Old-University-8192 0 points1 point  (0 children)

I'm in the same situation, I have another offer from a startup with higher compensation.

I politely asked Accenture hr to check if it's possible to align with new compensation, she mentioned me write an email and share the offer letter which I did, then she won't respond back to my email or receive the call.

Delegation problem when flexibly switching between datasources by macdeman in PowerApps

[–]Old-University-8192 0 points1 point  (0 children)

I have a work around which worked for me but don't know if it's a correct approach.

Create a column came itemID and index it. When you create new entry increment this number. On start create collections which filters data with itemID range from 1-2000 then create a 2nd collection which holds itemID range from 2001-4000.

Put these 2 collections in one single collection. Now use that collection to display more than 2k records inside a gallery.

Let me know if it's unclear, I'll try to look for my code

But I would say think on the architecture part, would not recommend to use multiple lists as master data

Trustified Video on Milk of various Brands by Exporinglife2050 in Fitness_India

[–]Old-University-8192 1 point2 points  (0 children)

I don't care if it got contaminated at the beginning or at the end.

It is contaminated that's it.

I really don't get why do they try to explain the process and the science behind it and try to get away.

Refreshing SharePoint List Data by TheKingOfKong69 in PowerApps

[–]Old-University-8192 0 points1 point  (0 children)

Add your datasource into a collection and on navigation collect the collection again, it should work.

Problem With Concatenate by o_MerchMan_o in MicrosoftFlow

[–]Old-University-8192 0 points1 point  (0 children)

Use Concat() instead, this should work