|
|  |
|
Legal Needs
| [This Network is not currently active and cannot accept new posts] | | Topics |
|
|
| |
| Oct 09, 2008 5:41 am |
|
re: re: re: re: re: re: re: re: re: re: [Discussion] Debt Collection |
Vijay Nair
| |
Soeb Bhai,
Thanks for the insightful write up.
"Why borrow, why lend" is the topic of a different discussion altogether. I explain below, why.
Ritu,
The question I asked was:
"Is there a need of a specific law to tackle the unsavoury ways of debt collection or are the regulations being issued by the Reserve Bank of India strict enough?"
We both have diametrically opposite view points, I agree. But that again, is a different topic of discussion.
I have put forth a question on the "manner" of debt-collection which is prohibited in almost all economies. Has India made enough safe-guards against this way of collecting debt?
I did not dislike the digression nor did I want to put fetters on the discussions. All that I did was to respond to Charu Sir's question as to why I am silent.
I am thankful to both of you as well as a host of others, including Charu Sir, who are regulars on Legal Needs and who give meaning to the very existence of this Board. I personally learn a lot out of the interactions that happen here. Keep the tempo up and carry on. At least there are a small number of people here from Ryze who are absorbing and spreading knowledge.
Regards,
Vijay Nair, Partner
KNM & Partners, Law Offices
http://www.knm.in/Private Reply to Vijay Nair (new win) |
|
| |
|
