Circle Rate vs Market Rate: How Are Property Prices Different?
When buying or selling a property in India, you may notice that the circle rate and the actual market price of the same property can be different. For example, a government authority may have prescribed a valuation of ₹70 lakh for a particular property,…
Loan Restructuring vs Loan Refinancing: Difference and When Each Is Used
Borrowers may look for ways to make their loan repayments more manageable when their financial situation changes. Two terms that often come up are loan restructuring and loan refinancing. Although both can change the way a borrower manages an existing…
Legal Notice in India: Meaning, Format, Process and What to Do After Receiving One
A legal notice is a formal written communication sent by a person, business or organisation to another party regarding a legal dispute, claim or demand. It is often sent before taking the matter to court and gives the other party an opportunity to…
Can One Person Have Multiple Demat Accounts? Rules, Benefits and Limitations
Yes, one person can have multiple Demat accounts in India. There is no general requirement that an individual must maintain only one Demat account. You can have Demat accounts with different brokers or Depository Participants (DPs), and the accounts can…