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NK Sanatan's Writing Treasure

A Treasure of Thoughts, Poems & Prose
Written Since 1990

Naresh Kumar Sevak (NK Sanatan)
“Some books are to be tasted, others to be swallowed, and some few to be chewed and digested.” – Sir Francis Bacon

Bankruptcy Is A Big Privilege Of Biggies !

Declaring Insolvency or Bankruptcy : Use and Misuse
Yes banks provide loans to the customers who need or want for different purposes. On behalf of the loan the banks or financial firms or enterprises charge certain interest as per the government law or to have their own law. To establish the banks is a good idea. In the past we have read about the Money lenders of their kind who used to give money to the borrower on mortgage or reputed person’s guarantee base. The private money lander are said as the bug because they do charge high interest . And that kind of money landers are still in existence. And this act is illegal according to the law in the democratic countries. For landing money the person must have taken a certain licence . Why he/she needs licence because there is the certained taxes law on the certain income. So the person if lends and earns then has he paid the tax or not can be inquired otherwise in case of non- license holder couldn’t be reached by the system to get tax.
Yes the banks secure the money of the customers and for it pay the interest too. And the most important work of the bank is to give loan to the needy persons in charging interest.
But in the loan sense the banks are cruel. Why the cruel because they offer loan only to those persons who are financially sound and very much capable to pay lended money.
And it is cleared there is no ground to the persons who indeed need the loan . For loaning those kind of person must have permanent asset or property and he needs a solid guaranter but we know no one offers the guarantee to that poor or needy fellows.
Attending the title I say the insolvency declaration is the work of demon . The borrower by intention to have certained trick with the help of CA and with the bank staff mixing or financial expert declares bankrupt . And the law exempts out the loan one who has declared bankrupt legally.
And I do say by
doing so they cheat with the nation and make the nation bankrupt morally. Yes business is devil’s job and in it if the person indeed gets loss and he helplessly declares bankrupt then okay . To be declared bankrupt is not a great job . Yes it is very insulting. The person loses
out his credit all the way. Many people to have this panic embrace suicide.
Here one point must be minded in this concerned that the biggies by intention declares bankrupt themselves.
For the year 2020 the Time Magazine declared 100 dignitaries in its worthy list. The Time Magazine inducted the people of new generation who devoted the work and time during the Covid19 pandemic in different fields who inculcated the will and desire of oriented Future . Yes they are doctors , scientists, leaders ,activists , artists ,innovators , cooperative persons ,etc. In the prosperous list eight indian persons are given place for their outstanding job for varied business. But here I attend the titled relevant person . Yes he is Rohan Poovuluri . Rohan Puvuluri who has fonded a firm as NGO or voluntaried body having name – “UPSOLVE” in the year 2018 in the USA. Mr Rohan is just 25 and adopted a neo idea completely that he launched his NGO. Yeah the work of the institute is to help those people who are defaulters of the banks or gone bankrupt and in real so much in shattered or tattered condition or trouble . Mr gentleman helped those kind of sufferers during the Covid19. We know the world is in the ditch of the slump to have economic crisis and the people of America were affevted highly to have financial crisis. The backbone of the millions American was broken to have the huge loan burden and it was difficult to pay the installments. To be cleared up bank loan and to make new beginning it is very essential to declare bankrupt individually. For this legal process the sufferers needs to higher an expert lawyer of this field. And for it the seeker need to pay higher fee. Preparing testimonials process is difficult and complicated . Yes particularly for the poor it is very difficult. In this respect mr Rohit’s firm provides the certained on line facility to fill up form and other requirements or tools on free of cost or without any fee. And it is amazing that in this regard mr Rohit’s NGO has freed up several people by reducing of 2100 crore loan amount . Thus those people who were suffered to have loan burden and not capable to pay amount are made freed from this tattering burden. In this act mr Rohit says that we have taken the assistance of the technology to get away the injustice that was made by the financial firms
For procurement of the given loan the banks have their own but hidden provisions that is mentioned in the application form or booklet but alas in the micro letters and in the complicated lawyer or derogatory term that no person can read it easily and understand it perfectly . Thus the bsnks use their monopoly and charges as per will to have their norms .
Yeah indeed it’s a great mankind work of mr Rohit and for it he must be saluted and the Times Magazine has chosen right person
He deserve the praise and reward . He has already got the blessings of the sufferers but might be mr Shylock ( the infamous character of Shakespeare depiction as The Merchant Of Venice ) and Sukkhi Lala ( The great indian penoroma of mr Mehboob Khan “Mother India ” ) are annoyed to have this angel’s task because they have to gain the heavy loss due to this mankind job.
I am an indian and got pleased that mr Rohit is also an Indian. The world knows that india remained so much rich ethically and the cult is in the blood of all indians. Though there are some exceptions in this regard because in all the epics there are the concept of God and Devil . And some people prefer Satun and Dr Faustus ‘ theory . Why because any how on , any cost they want enjoy materialistic world’s heights. Though Marlow ‘s Dr Faustus repented at the end and prays to God to excuse him for his worldly avarice and now he wants redemption . But in the man sense no person cares about the awesome result of Dr Faustus and prefers worldly senses or luxuries on ant cost. No one care about the Account book of Chitrasen and the dreaded punishments of Lord Yama in the hell in the indian mythological fact. And this fact can be seen everywhere in the world . The worldly selves are heavier over the man than the natural or spiritual facts. The man thinks that he has sent on the earth by Almighty only to enjoy the world whatever the way not worry. He says the man is also an animal and only civilization has promoted him but the real nature still and ever dwelt in him . In the forest we see the might is right and on the name of eco balance the doctrine of Lord seems right . Yes in the jungle we can see it directly and in the civic world see indirectly. But there are the people who still represent God’s nature and so this kind of work we see. We know it is all volunteered because God dwells in those kind of people and they lead the path automatically.
*NK sevak ” sanatan”

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