Legal Question in Banking Law in India

I am Rajesh bought a bike in 2008 and later on I missed last 10 EMI's to paid. After 6 year later finance company called me to pay rest and now I am not in condition to pay what will action taken by them


Asked on 10/01/15, 2:12 pm

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP

02.09;2015

Dear Rajesh.

The Finance Company will confiscate your bike without due notice and recourse to you,

Regards,

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Answered on 10/01/15, 6:48 pm


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