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The rules of natural justice are a set of uncodified common law rules offering procedural safeguards to ensure that decision-makers act according to basic standards of fairness. These rules function to protect both citizens and public officials by restricting the freedom of administrative action and by facilitating better decision-making.
Nevertheless, in an illiquid real estate market or if real estate prices drop, the property being foreclosed could be sold for less than the remaining balance on the primary mortgage loan, and there may be no insurance to cover the loss. In this case, the court overseeing the foreclosure process may enter a deficiency judgment against the ...
Sanchez, 836 S.W.2d 151, where a repossession agent towed away a car even after the loanee locked herself in it, the court decided that this was an unlawful breach of the peace and declared the repossession invalid. The debtor was also awarded $1,200,000 in damages from the bank involved.
The bottom line. Taking charge of your credit is not just about numbers — it’s about taking control of your financial future. Whether you’re aiming to secure a loan, rent an apartment or ...
The Penal Code [38] states the elements and penalties of common criminal offences such as homicide, theft and cheating, and also sets out general principles of criminal law in Singapore. The Sale of Goods Act, [39] an English Act made applicable to Singapore by the Application of English Law Act, sets out legal rules relating to the sale and ...
The vision and mission of the Singapore courts is ‘A trusted Judiciary. Ready for tomorrow’. Core values. The core values of the Singapore judiciary are as follows. Fairness: We treat everyone and every case with fairness. Accessibility: We enhance access to justice. Integrity: We do the right thing, without fear or favour, affection or ill ...
In finance, a security interest is a legal right granted by a debtor to a creditor over the debtor's property (usually referred to as the collateral [1]) which enables the creditor to have recourse to the property if the debtor defaults in making payment or otherwise performing the secured obligations. [2]
The Supreme Court of Singapore is a set of courts in Singapore, comprising the Court of Appeal and the High Court.It hears both civil and criminal matters. The Court of Appeal hears both civil and criminal appeals from the High Court.