Legal Question in Banking Law in India
can credit card company take legal action against card defaulter..?
Asked on 6/26/15, 3:48 am
2 Answers from Attorneys
Fca Prashant Chavan
Expert Edge LLP
27.05.2015
Dear Sir / Madam,
Yes, the credit card company can take legal action against the credit card defaulter.
Regards,
Answered on 6/27/15, 4:20 am
J. Radhakrishnan
independent Practice
Yes. They can file a suit against u for recovery.
Answered on 6/27/15, 10:02 am
Related Questions & Answers
-
Sir I lost my job and I have personnel loan EMI 12000 per month please advice how I... Asked 6/25/15, 8:14 pm in India Banking Law
-
For sale of immovable property under private treaty of SARFAESI Act , a consent... Asked 6/25/15, 5:44 am in India Banking Law
-
Sir..in feb 2012 , I gave rupees 2 lakhs in cash to a part time employee to deposit... Asked 6/24/15, 9:25 pm in India Banking Law
-
I brought a property in 2007, which is mortgage in Dena bank .which OTS was held in... Asked 6/24/15, 8:15 am in India Banking Law
-
A male Hindu unmarried person dies intestate and leaves behind, one elder brother... Asked 6/24/15, 12:02 am in India Banking Law