Legal Question in Credit and Debt Law in India

Personal loan defaulter case is in pre litigation in lok adalat. i dont have money to settele the case. what can bank tkae action against me?


Asked on 1/17/10, 4:04 am

1 Answer from Attorneys

RAJIV GUPTA (Cell: +91 9811284735) [email protected]

in case you express your inability to pay and also do not agree for easy instalments, the case would be referred to court and the court may start recovery proceedings against you.

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Answered on 1/17/10, 9:54 pm


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