Check bounced

5 years ago

Dear Sir,
One of our relative taken loan on tractor 3years ago. Due to non payment of loan for three months, tractor was taken by finance team i.e. 32 months back. They have sold it. And For the remaining RS. 1,34,000 they have filed case for check bounce. They took many blank cheques at the time of loan.
Case status: E/R of warrant - may I know what it.means?
My relative is a farmer with poor financial condition. The finance agency called it him and after few conversations they agreed to settle for rs. 60000. They are saying that first to pay amount Rs. 60,000 and later they will give NOC. But if they don't give NOC after payment and ask to pay remaining amount what to do?
What are the precautions we should folow? Before settlement and payment?
Moreover they have filed case in West Bengal metropolitan court. Please advise

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Deepak Yashwantrao Bade

Responded 5 years ago

A.dear client kindly clear all bank loan and take documentary slips as an evidence. try to settle all matters with discussion.

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ROBERT D ROZARIO

Responded 5 years ago

A.You can contact me to move you matter before the CMM in Bankshall Court at Kolkata.

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Ambrose Leo

Responded 5 years ago

A.You have a serious case,better to settle with a help of a lawyer from the panel of your location & jurisdiction as you are stated your a farmer & loan is taken under the scheme you can avail maximum benefit, but you have to clear the outstanding loan with benefit avialable to farmers.

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Shanti Ranjan Behera

Responded 5 years ago

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A.Dear Ravi Kumar Ji,
First you clear your loan as per the direction of the Bank probably under OTS scheme.
Keep documentary evidence.
Ask for clearance certificate along with all documents which had been deposited at the time of taking loan.
In case of difficulty get in touch through vidhikarya.com
Shanti Ranjan Behera
Advocate

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Rameshwar Dadhe

Responded 5 years ago

A.U should settle it

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Kishan Dutt Kalaskar

Responded 5 years ago

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A.Dear Sir,
It is better to settle the matter.

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Rajender Prasad

Responded 5 years ago

A.Dear client, in our society it is duty of husband tocater her wife. I n very rare circumstance the court decide maintenance to husband. For details, pl contact some advocate through vidhikaryacom

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Rajender Prasad

Responded 5 years ago

A.you should make payment through bank entry. IF THEY DON'T gice NOC, you can file a suit after sendingdue noticce. For details, pl contact some advocate through vidhikaryacom

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