Legal Question in Banking Law in India

Sueing the Bank for disclosing the information with consent
Is it possible to sue the bank for disclosing the information to cibil without consent from the client.I did own some credit cards around 12 year backs and banks has falsely disclosed that I own some amounts to them.They have added interest after interest for 12 years and now they have updated the outstanding to the tune of 7 lacs appx.I am having real hard time in getting the information from both CIBIL and the concerned Bank.Is their any lawyer in Pune,India who can take the matter.

Asked on 4/20/09, 4:34 am

4 Answers from Attorneys

Fahri Toga TOGA//OKSUZ

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Re: Sueing the Bank for disclosing the information with consent

We think that we can help you to solve your affairs forthwith, please send us your documents or write an detailed e-mail in order to notify the circumstance. We checked over the documents thereafter, we will return your added phone number,e-mail or address,as soon as.

Contact ;

Address : WORLD TRADE CENTER,B1 BLOCK,15th FLOOR, YEŞİLK�Y/İSTANBUL,TURKEY

Phone : +90 212 465 65 42

Fax : +90 212 465 70 08

Web : www.wlfenternasyonel.com

e-mail : [email protected]

Answered on 4/21/09, 8:44 am

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J. Radhakrishnan independent Practice

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Re: Sueing the Bank for disclosing the information with consent

You might have missed the fine print in the application for issue of credit card or the brochure accompanying the same. The same would contain a clause that the issuer of card is entitled to share information about u. Even other wise, the bank is in general interest protected in disclosing your indebtedness to CIBIl. The point is did you or did not u owe amount to the Bank. If U owe the amount, no point in indulging in litigation. If on the other hand there is total false information, then seek the help of a lawyer to fight out the matter. Perhaps, you can search for the name of the lawyer in the yellow pages or in the Law Guru portal for the lawyer in Pune.

Answered on 4/20/09, 9:09 am

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