Shriram Finance Legal Retainer Interview Questions, Process, and Tips

100 marks of Legal written exam

Q1. How to demand Arrear and outstanding Amount
Ans. 
To demand arrear and outstanding amount, send a formal written notice to the debtor.
• Send a formal written notice outlining the arrear and outstanding amount.

• Clearly state the consequences of non-payment.

• Provide a deadline for payment.

• Consider offering payment plans or negotiation options.

• Consult with a legal professional if necessary.
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Q2. How to collect Shortfall Amount
Ans. 
Shortfall amount can be collected through negotiation, legal action, or installment plans.
• Negotiate with the debtor to pay the shortfall amount in full or through a payment plan.

• Consider taking legal action by filing a lawsuit or obtaining a judgment.

• Offer the option of installment plans to make it easier for the debtor to repay the shortfall amount.

• Utilize debt collection agencies or services to assist in collecting t
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How to Manage legal Challenge and Target and court procedure

Q1. Write the FIR of vehicle theft
Ans. 
An FIR for vehicle theft typically includes details about the stolen vehicle and any potential suspects.
• Start with the date, time, and location of the theft

• Include a description of the stolen vehicle, including make, model, color, and license plate number

• Provide any identifying marks or features of the vehicle

• Include any potential suspects or witnesses, with their names and contact information if available

• End with a st...read more
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Q1. Tell me about of theft
Ans. 
Theft is the act of taking someone else's property without permission or consent.
• Theft can be committed in various ways such as burglary, robbery, embezzlement, and larceny.

• Theft can be a misdemeanor or a felony depending on the value of the stolen property and the circumstances surrounding the crime.

• Examples of theft include shoplifting, pickpocketing, identity theft, and car theft.

• Theft can have serious consequences ...read more
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