Legal Question in Banking Law in India
i took vechile loan but i have heavy loss in my transport business, i could n't pay the emi amount, so what the Shriram financer will pleas let me know
Asked on 3/18/10, 3:05 am
2 Answers from Attorneys
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
Sell the vehicle with their permission and repay the amount; you may need to arrange payment of balance dues, if any, from your other resources.
Answered on 3/18/10, 7:42 am
J. Radhakrishnan
independent Practice
They will seize the vehicle and sell it and sue for the deficiency.
Answered on 3/18/10, 7:43 pm
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