Legal Question in Credit and Debt Law in India

I have received a summon from LOK adalat stating to appear in court on certain date as i have not payed the credit card dues.
I have received the same in my email from a lawyer representing the ICICI Bank.
I am due to payment to the bank but i am not in a good finncial condition and i have settled few other credit cards and loans 3 months back and the Bank is pestering me to pay up all the other outstanding dues ...
I want more time but they are not ready to listen to me
Can i go to the court and show the settlement letter of other cards and loans from the same bank and request for more time...?
In case if i do not appear in the court will there be a issue.
After how many summons a arrest warrent is issues, also i did not receive any hard copy of the same.

Asked on 4/02/13, 1:26 pm

Jayesh Desai Jayesh Desai

0 users found helpful

0 attorneys agreed

Lok Adalat cannot issue arrest warrant, matters can be taken up by lok adalat only after consent by both the parties.

If you are not able to pay - get yourself declared as insolvent.

Answered on 4/03/13, 10:16 am

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