Loan repayment Loan repayment

3 years ago

My dad took a loan pledging the vehicle documents. My dad is no more and vehicle was taken away by the recovery agency without our consent.
Now the money lenders are saying they have not taken away the vehicle, and we should pay back the loan amount.
What actions can we take against them?

Sidhaarth

Responded 3 years ago

A.Report the matter to police of dacaity etc. Your liability is limited to the value of assets if inherited from your father.
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Vidhi Samaadhaan Vidhi Samaadhaan

JP Legal Associates

Responded 3 years ago

A.You can lodge police complaint against the vehicle being taken away without consent by the recovery agents and give legal notice to Bank.
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Vidhi Samaadhaan Vidhi Samaadhaan

Anik

Responded 3 years ago

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A.Hi,
File a complaint against them for theft, cheating and fraud under Sections 378, 415 and 420 IPC.
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Vidhi Samaadhaan Vidhi Samaadhaan

Ayantika Mondal @ Prime Legal

Responded 3 years ago

A.Hi,
File a complaint with the police for fraud and cheating under Sections 415 and 420 of the Indian Penal Code.
You can also report the vehicle as stolen.
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Vidhi Samaadhaan Vidhi Samaadhaan

Kishan Dutt Kalaskar

Responded 3 years ago

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A.Dear Sir,
You may file theft case against them.

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