Legal Question in Banking Law in India
Sir, I lost job(Terminated) from UAE due to recession in 2009. I have an unpaid loan account(Barclays). I have submitted my termination letter and other documents there. That time they told me that the would collect it from insurance. Now, after 2 yrs, they are calling me and asking money. I have no way to pay amount. Now i am in India. Shall i get any problem here?
Asked on 7/02/12, 11:46 pm
2 Answers from Attorneys
Aniruddha Pawse
Aniruddha.P.Pawse Advocates
in my opinion you can negotiate with the Bank and amicably settle the matter once for all.
Answered on 7/02/12, 11:51 pm
Sanjay Kalra
Sanjay Kalra & Associates
You will not face any problem in India .
Answered on 7/03/12, 12:08 am
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