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Law which induces fraudulency

This petition was published by pradeep chordia on May 14, 2008

Hereafter Itis appropriate to use political power and muscle power to collect the monies from the debtors who take asylum in the court to get the interest fixed at 6% per annum during trial and future interest till realisation. If not I shall borrow a huge sum from such person with intention to cheat the person and take asylum in the court which always shows concern to the borrowers. I am not such a big moneylendor like citibak , icici , hdfc who can get the interest deregulated and get securitisation act enacted by lobbying with the law ministry or prime minister office. It doesn't seem to be petition. Isn't it ? It is because laws are never reviewed and courts overloaded with cases and the legislatures are busy blaming each other and pulling each other feet. So, we have to go as per the system. Isn't it surprising that the decreed amount is sinking with the inflation rate of 7.8% p.a beacause I am bound by court orders. The legislature to get the vote bank want to woe the deciet borrowers as well they dont want to change these laws because they are the major borrowers in disguise and the law is beneficial to them or their followers

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