90,000+ Legal Questions Answered

Sntosh Sntosh

3 years ago

I had taken a msme loan of rs75 lac under cgtmse scheme but due to different reasons the ac is now npa . Now the bank says they to pay full under ots else they will attach my personal property for auction

Anik

Responded 3 years ago

View All Answers
A.Hi,
The facts of the case stated by you are not clear.
More information is required regarding the facts of the case so as to help you out.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Ayantika Mondal @ Prime Legal

Responded 3 years ago

A.Hi,
You can talk to the bank officials and ask for extension of time for repayment of loan amount.
For best advice, more information is required.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Read Related Answers

question iconSharing bank statement of Defence Salary Account to third person wo informing
Dear Sir, You may get issue a legal notice to the concerned Bankers and the Head office and initiate legal action and claim huge compensation for not securing your account details which are private de...
question iconBorrowed money
Dear Client, Your query requires more details to address it suitably. You expressed your concern but not a cause of action behind that concern that attracts a legal remedy. It is a virtual platform w...
question iconPersonal Loan Settlement
Dear Client, You need to adhere to the payment of EMI and interest rates as provided by the financial corporations to settle the loan amount. In case of a financial crisis, you can contact the manager...
question iconHome loan for Gifting deed
Dear Client, Once a donor or owner of the property gifted the property to the donor through a registered deed of gift, the property becomes the self-acquired property in the hand of the donee who beco...
question iconCar loan
Dear Client, Once a borrower fails to repay his debt, the Lenders/FIs initiate a routine course of action for recovery of the loan/debt from the borrower. You may negotiate or settle your dues agains...