Legal Question in Banking Law in India

hello sir

i take a personal loan from bank of rs 150000. i have paid 28 installmesnt of 4100. now i m in financial weak & not paying installment from past 14 months . what legal action can take place against me


Asked on 9/23/11, 10:46 pm

2 Answers from Attorneys

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

you may consult a lawyer in case their recovery agent bother you.

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Answered on 10/10/11, 11:07 pm
Aniruddha Pawse Aniruddha.P.Pawse Advocates

they may file a suit for recovery and compensation .

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Answered on 10/14/11, 12:26 am


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