Legal Question in Civil Rights Law in India
Hi.. One of my office colleague didn't paid the credit card payment for 3 years. Now the bank called me that we'll issue legal notice to you as he referred your name in the application. I even don't that person as he moved some whereelse; though I am not sure that he used my number as reference. However what can i do at this situation...?
2 Answers from Attorneys
once a legal notice is issued, ask your lawyer to reply the same.
28.09.2012
Dear Sir / Madam,
Mere reference of your name in the Credit Card Application by the original card holder does not automatically infer that you are the guarantor for repayment, unless you have specifically signed and agreed to the terms and conditions of the Credit Card Application.
The bank will have to first initiate legal action for recovery against the applicant only. The onus is on the bank to find out his whereabouts and trace him.
Regards,
FCA Prashant Chavan
Mumbai
(You can also mail me for any further on-line advice at [email protected])
Related Questions & Answers
-
Explain textualism as a method of judicial reasoning. Asked 9/26/12, 11:23 am in India Civil Rights Law
-
My husband affected paralyse and unable to talk and his elder sister taken him to... Asked 9/25/12, 10:11 am in India Civil Rights Law
-
Good Morning, Respected Sir If 498 (A) acts prove false in court, then which... Asked 9/25/12, 6:42 am in India Civil Rights Law
-
How the beneficiary can sell the property when the will restricts that the property... Asked 9/25/12, 12:59 am in India Civil Rights Law
-
My Dad is in Government service and he applied for the passport by hiding his... Asked 9/24/12, 7:21 pm in India Civil Rights Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
