Legal Question in Credit and Debt Law in India

I gave a 5 blank cheque 2 a person that I borrowed money from 4 years back .The accounts got dormant 2 yrs back( probably closed). Now am returning to India . can they file case against me.I try 2 negotiate long time back but they want me arrested than getting back the money,Can they impound my passport ?


Asked on 10/12/13, 2:11 pm

2 Answers from Attorneys
Rajiv Chandhok Ph: +919810050896 https://www.linkedin.com/in/rajiv-chandok-0827b733/

Yes all that you think can happen. You could be in for trouble if you come to India. You may also drop a detailed query at [email protected]

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Answered on 10/14/13, 6:58 am
Fca Prashant Chavan Expert Edge LLP

15.10.2013

Dear Sir / Madam,

You should negotiate a settlement of the loan with the bank, and repay it off to avoid any further complications for yourself.

Regards,

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Answered on 10/15/13, 8:48 am


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