Legal Question in Banking Law in India

I have a kotak bank credit card and card is now defaulted by me due to my bad financial condition. Last week i received a conditional arrest warrant by chandigarh court sec 17. pls suggest what i do now


Asked on 11/04/11, 2:33 am

2 Answers from Attorneys
Chandrawat, Call- +91-8109444689 Litigation Expert & Legal Advisor ([email protected])

Appear before the court and request for settlement of the credit card dues.

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Answered on 11/04/11, 2:44 am
Rajiv Chandhok Ph: +919810050896 https://www.linkedin.com/in/rajiv-chandok-0827b733/

Clear all the dues, as if u settle the dues your name will appear in the defaulter list of CIBIL and u will not get any loan thereafter from any bank or any financial institution

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Answered on 11/09/11, 4:00 am


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