Loan with TV's when minor Loan with TV's when minor

3 years ago

I was minor I purchased a bike from TV's and I didnt have my parent they forged fake document like photo of other person and signed the document themselves and I got the loan I have been paying loan for 18 month now I am in a problem beacuse of vivid I don't have any job I asked them for 1-2 month time they say they will take bike in next 2 day any help

Anik

Responded 3 years ago

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A.Hi,
Since, the contract was not in your name, in whose name it is? Though the company may take the vehicle if the payment is not done.
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Ayantika Mondal @ Prime Legal

Responded 3 years ago

A.Hello,
Yes the company is in a position to take the vehicle if the amount is not paid fully, also in whose name the contract was signed?
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Ankur Goel @ Complete Law Shield

Responded 3 years ago

A.They can take bike.
loan to minor is void.
contract to minor is void.
But bike is registered name of which person ?


Hope this clarifies,
Advocate Ankur Goel
(Complete Law Shield) #YourLifeYourChoice
Note - This is just a small advice. Proper advice can happen only after going through details.
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Kishan Dutt Kalaskar

Responded 3 years ago

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A.Dear Sir,
You may stop the payment but there are chances of seizing the vehicle.


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