Legal Question in Credit and Debt Law in India

loan payment

my dad had borrowed money from some peoples and he could not be able to refund it so he ran away now that people are forcing me to pay their money, accorting to the law is it right shell i have to pay that money.


Asked on 7/09/07, 2:07 am

3 Answers from Attorneys

G. M. Gupta gmguptaandassociates

Re: loan payment

if you are enjoying his property then u can be made liable otherwise u are not liable.

morally you are always liable

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Answered on 7/09/07, 2:25 pm
kavitha balakrishnan kpp associates

Re: loan payment

you will be held liable to pay -

-if you have inhereited any property

- if the loans are legal and to for any self pleasures of your father

- morally you may feel like repaying! that legally cannot be answered!

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Answered on 7/10/07, 2:23 am
Homi Maratha N.N. Maratha & Co.-Advocates

Re: loan payment

well in this case has your dad signed some documents in connection to the loan taken give me some more details on my mail

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Answered on 7/09/07, 3:48 am


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