Register demand notice from PACS ltd
1 year ago
Dear sir
We got Register demand notice from Primary Agriculture Coperative credit society to pay the loan which was renewed on 15.11.2014 rupees 32956/- after deducting government loan waiver fund. They mentioned that by 14.11.2015 as we hadn't pay the amount, we have to pay 66474 rupees including interest right now.
Also they mentioned we have to payback all this amount within 10 days after receiving the notice.
What will happen if we unable to pay this much amount?
Is there any option left for us to only pay principal amount?
Please guide us...
A.Dear Sir,
Under the Act such co-operative societies need not go to the Courts or Tribunals but get an award/decree summarily from the concerned Deputy Commissioner. You must take immediate steps to settle the matter.
Under the Act such co-operative societies need not go to the Courts or Tribunals but get an award/decree summarily from the concerned Deputy Commissioner. You must take immediate steps to settle the matter.
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A.Hello sir,
Please put more lights on the problem you are facing. Unable to guide with lesser information and you can also consult with some Advocate experienced in this field.
Thank you
Please put more lights on the problem you are facing. Unable to guide with lesser information and you can also consult with some Advocate experienced in this field.
Thank you
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