Legal Question in Credit and Debt Law in India

Seeking Help

Dear Sir,

I am a patient of Hemophilia A and doing a business of medicine wholesale in my house prmesis with proper licence. Due to my illness I have to spent most of the time of a year in bed. I cannot bear any physical and mental strain, it causes me bleeding. Taking oppertunity of my illness the representatives of some company cheats me arround 7.5 lac INR. I have no proper documents of it. For this reason I cannot pay the outstanding amount arround 1.5 lacs to a company. What should i do if the company takes any legal action against me. The company is in Pune jurisdiction and it is not possible for me to atten the court in pune because of my illness. i cannot declare me as bankrupt because i am doing smooth business with other companies. If i get 2 or 3 year time i can pay the outstandings of the company.

i have 3 seveire internal bleedig due to heavy mental pressure and i can die in mental hemarage.

Please give me the advice what to do, I found no way other than death or suicide.

Thanking you


Asked on 2/03/09, 12:24 am

3 Answers from Attorneys
Homi Maratha N.N. Maratha & Co.-Advocates

Re: Seeking Help

Already replied.

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Answered on 2/06/09, 1:09 am
Advocate Siva Subramanian M/s. R. Siva Subramanian

Re: Seeking Help

Dear Sir,

Due to my pre-occupation Iam unable to render my assistance to all the questions posted at this site. When I saw your question, it really disturbed me, hence, am responding to your question. First of all, remove the thought of suicide from your mind. After all 1.5 lacs is not a huge money to loose your life. Have courage to face the situation. Iam sure you will overcome this difficult times.

Send an application to your creditor company seeking more time to pay the outstanding amount. Meanwhile, keep your medical documents ready for seeking change of jurisdiction (It will be useful when any case is filed against you other than your hometown).

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Answered on 2/03/09, 1:57 am
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: Seeking Help

You should apprise the company of factual position about the transaction as also about your illness; and assure them of your intention to make payment in due course by way of easy installments.

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Answered on 2/03/09, 7:02 am


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