Legal Question in Credit and Debt Law in India
my grandfather took loan from co-oprative society bank ltd. now he is no more and my father also had died .the bank is Asking for payment . and not giving No dues to me is it legal by law?
Asked on 1/12/16, 11:43 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
13.01.2016
Dear Sir / Madam,
Yes, the Bank may refuse to give you information regarding the loan, if the Bank has valid reason to doubt your being the sole legal heir.
Regards,
Answered on 1/12/16, 6:13 pm