Harassement by SBI Cards Chennai
4 years ago
I have been harassed by SBI Cards kandanchavadi chennai for past 2 yrs and still the same continues till date .calling frequently visiting frequently .cheated me in late charges and adding all charges .due to this my health is bad and completely weakened my spirit .I Want to know how to handle this and file in court for compensation .
A.Dear Sir,
You may get issue a legal notice on the basis of following judgments.
==================================================================
ICCI Bank Limited vs. Prakash Kaur case,
The Supreme Court in a landmark judgement reiterated its earlier stand that banks cannot deploy musclemen for recovery of loans from defaulters thus forcing them to end their lives.
"We deem it appropriate to remind the banks and other financial institutions that we live in a civilised country and are governed by the rule of law," a bench comprising Justices Tarun Chatterjee and Dalveer Bhandari said.
The court while dismissing the ICICI Bank's plea refused to delete the Delhi High Court's remarks that held the bank and its musclemen responsible for abetting a youth to commit suicide by humiliating him and taking away his motorcycle financed by the largest private sector bank.
It also asked the ICICI Bank to to pay Rs 25,000 as cost of this litigation to the respondents within three weeks and directed the Delhi Police to conclude the investigation against the bank expeditiously within three months, keeping in view the gravity of the allegations.
The court also directed the concerned Deputy Commissioner of Police to submit the investigation report in the Delhi High Court.
According to the court, complaints received by Reserve Bank regarding violation of the above guidelines and adoption of abusive practices followed by banks recovery agents would be viewed seriously.
Thanks.
You may get issue a legal notice on the basis of following judgments.
==================================================================
ICCI Bank Limited vs. Prakash Kaur case,
The Supreme Court in a landmark judgement reiterated its earlier stand that banks cannot deploy musclemen for recovery of loans from defaulters thus forcing them to end their lives.
"We deem it appropriate to remind the banks and other financial institutions that we live in a civilised country and are governed by the rule of law," a bench comprising Justices Tarun Chatterjee and Dalveer Bhandari said.
The court while dismissing the ICICI Bank's plea refused to delete the Delhi High Court's remarks that held the bank and its musclemen responsible for abetting a youth to commit suicide by humiliating him and taking away his motorcycle financed by the largest private sector bank.
It also asked the ICICI Bank to to pay Rs 25,000 as cost of this litigation to the respondents within three weeks and directed the Delhi Police to conclude the investigation against the bank expeditiously within three months, keeping in view the gravity of the allegations.
The court also directed the concerned Deputy Commissioner of Police to submit the investigation report in the Delhi High Court.
According to the court, complaints received by Reserve Bank regarding violation of the above guidelines and adoption of abusive practices followed by banks recovery agents would be viewed seriously.
Thanks.
Helpful
Helpful
Share
Read Related Answers
Insolvency
Dear Client,
Under the Provincial Insolvency Act, 1920 (which is now repealed as IBC Code 2016), you can file for bankruptcy if you are unable to repay a debt greater than ₹500. After analyzing whethe...
How to get stay order of property possession taken by NBFC
Dear Client,
Sub-section (3A) of Section 13 of the SARFAESI Act was introduced by way of an amendment in the year 2004 whereby (3A) the borrower is allowed to make representation or raise an objectio...
Patient Defaulting payment
Dear Client,
A trade discount was allowed on the treatment package when the patient agreed with the condition of taking both sessions of treatment. So, in breach of said condition, the patient cannot...
Third party loan
Dear Client,
In the given situation, file a complaint against the third-party loan app and its recovery agents in the local Police Station and lodge a complaint online to the Cyber Crime Cell endorsi...
Private money lender harassment
Dear Client,
In the absence of any written documents supporting your claim of money from your friend, and moreover, you issued an NOCi. So, in such a situation it is almost impossible to get back the...
Read Blogs on Debt Collection
Debt Collection Lawyers
Find Lawyers by Location
