Lakshmikumaran & Sridharan Associate Interview Questions and Answers

Q1. Enforcement of Equitable Mortgage and Registered Mortgage
Ans. 
Enforcement of Equitable Mortgage and Registered Mortgage involves different legal processes and remedies.
• Equitable mortgage is created by deposit of title deeds while registered mortgage is created by registration with the land registry.

• Enforcement of equitable mortgage involves filing a suit for foreclosure or sale of the property.

• Enforcement of registered mortgage involves initiating foreclosure proceedings through ...read more
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Q2. Types of mortgage
Ans. 
There are various types of mortgages, including fixed-rate, adjustable-rate, FHA, VA, and jumbo loans.
• Fixed-rate mortgages have a set interest rate for the entire term of the loan.

• Adjustable-rate mortgages have an interest rate that can change periodically.

• FHA loans are insured by the Federal Housing Administration and often require a lower down payment.

• VA loans are guaranteed by the Department of Veterans Affairs and ...read more
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Q1. What you know about the outsourcing industry ?
Ans. 
Outsourcing industry involves contracting out business processes to external providers.
• Outsourcing helps companies reduce costs by delegating tasks to specialized service providers.

• It allows businesses to focus on core competencies while external vendors handle non-core activities.

• Common outsourcing services include customer support, IT services, and manufacturing.

• Offshore outsourcing involves contracting services to c...read more
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Q1. Have a knowledge about H1 B visa - USA
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Q1. Basic ABOUT YOUR SELF
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Form of H1B VISA AND FORM FILLING

Q1. Why do you want to switch.
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Q2. What all types of transactions have you worked on.
Ans. 
I have worked on various types of transactions including mergers and acquisitions, IPOs, debt financings, and private equity investments.
• Mergers and acquisitions

• Initial public offerings (IPOs)

• Debt financings

• Private equity investments
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Q1. Background and Experience?
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Q2. About Your Education and Work Experience.
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Q1. What are the important things you check while processing the invoice?
Ans. 
Important things to check while processing invoices include accuracy, proper documentation, approval, and matching with purchase orders.
• Verify accuracy of invoice details such as amounts, dates, and vendor information

• Ensure proper documentation is attached, such as receipts or purchase orders

• Confirm approval from authorized personnel before processing payment

• Match the invoice with corresponding purchase orders to preve
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Q2. Invoice Bill to address, Invoice Date, Currency, Tax Rate, Tax Amount, Description, Total Amount.
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Online test of 2 hrs
Cased based

Q1. Salary negotiation Joining date Work culture Submission of necessary documents
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Q2. Why do you want to join this company? Your contribution to the company?
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Q1. Technical questions in relation to the team you are going to be part of.
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Q1. More of a personality assessment, general questions on goals, etc
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