Legal Question in Credit and Debt Law in India
My current Credit Card Statement reflects a claim exactly four years old. This had never appeared before in any of the statements. I have been regular and prompt in payment of my credit card dues and there has never been a default, delay, part or delayed payment.
I do not have any records, nor has the credit card provider furnished any supporting for this four year old amount.
Whats my liability? Is it beyond the limitation? Please adivse.
4 Answers from Attorneys
05.02.2013
Dear Sir / Madam,
You are not liable for payment if the bank issuing the Credit Card cannot furnish documentary proof and evidence (actual charge slips for purchases made at several outlets) for the transaction(s) being claimed by them as still remaining unpaid by you.
Moreover, banks are required to bill the Credit Card customer within 60 days of the date of transaction ... so you have a mute point in your defence here.
Regards,
FCA Prashant Chavan
Mumbai
(You can also mail me for any further on-line advice at [email protected])
The answer to your queries are here in below:-
1) None as the debt if any , is beyond the limitation period to recover.
2) Yes..................Please check Sanjay Kalra and Associates on the internet to know more about your query and the legal services we are rendering for our clients from all over the World.
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