Legal Question in Criminal Law in India
personal loan default what action by bank to me I have property I need time to repay
Asked on 12/28/12, 5:01 am
4 Answers from Attorneys
Sanjay Kalra
Sanjay Kalra & Associates
Bank can file a suit for recovery and can also get your property attach to recover the loan amount with interest....Please check Sanjay Kalra and Associates on the internet to know more about our law firm and the legal services we are rendering for our clients from all over the World.
Answered on 12/28/12, 8:29 am
Aniruddha Pawse
Aniruddha.P.Pawse Advocates
i agree with Adv Gupta. Ask Bank for time to pay loan.
Answered on 1/01/13, 9:30 pm
Shrichand Nahar
S.V.Nahar, Advocate
Bank may take suitable legal action.
Answered on 1/02/13, 9:00 pm
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