Legal Question in Consumer Law in India
Hello,
My uncle had purchased one second hand Tempo (3-wheeler) 4 years ago through finance company. But due to some financial problems my uncle failed to repay the EMI & for amount of 24000 Rs he handed over the tempo to finance company.
Now after 4 years, one notice has came to my home from advocate on behalf of Finance company that, your settlement is pending & kindly pay 30000 Rs for complete settlement. Pl. guide us how to tackle this issue.
Asked on 6/29/13, 9:53 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
30.06.2013
Dear Sir / Madam,
If your uncle has handed over the second hand tempo to the Finance Company in full settlement of the loan outstanding, simply produce a copy of that letter in your reply to the advocate's notice.
Regards,
Answered on 6/29/13, 7:34 pm
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