Legal Question in Banking Law in India

The Registar once writes on his rojanama ( daily date issue statement ) u/s 101 . i.e. " I have heard both side hearing and file is closed". It is in black ink. and we have signed below .
Because Bank wrongly calculated due amount and It was not entered in bank loan a/c.
There is difference of Rs.1,20,000/- in a/c and demanding u/s 101.
After Five months with blue ink they add " therefore we give the next date for deposit the due amount with two week time ." and After next one month issued the recovery order u / s 101 by Registar.
Even though the bank has not given any expaination regarding there wronge demand.
Is this order valied for Recovery of loan amount.?
India | 416013 | Banking Law

Asked on 1/02/11, 10:02 pm

RAJIV GUPTA (Cell: +91 9811284735) [email protected]

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as the same is added later on, it can be challenged in the court.

Answered on 1/02/11, 10:30 pm

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