Legal Question in Credit and Debt Law in India
my father was an government servant he took a persnel loan of Rs130,000 from syndicate bank on oct 2005 and withdrawn some amount balance was in his account,unfortunately he passed away on same month,and the bank people holded the amount which is in my father account and recoverd.after a long time now the bank people is asking to repay the amount withdrawn by my father is it our right to pay that amount or exempted,and thesurity person salary is holding by bank people
Asked on 7/13/11, 9:14 am
1 Answer from Attorneys
Sanjay Kalra
Sanjay Kalra & Associates
Whatever the bank is doing, is doing it according to the law.
Answered on 7/15/11, 2:51 am
Related Questions & Answers
-
What to do when some one damage my motor cycle volunterly Asked 7/10/11, 9:19 pm in India Credit, Debt and Collections Law
-
When your company will start to payout? And give me exact date please. Asked 6/30/11, 10:01 pm in India Credit, Debt and Collections Law