recovery agents threatening and abususing to my family and friends also recovery agents threatening and abususing to my family and friends also

4 years ago

from 2017 november I had lost my job after that I continue to pay my personal loan emi till 2018 march.
after that finacil position is critical and iam unable to pay to the bank till date. I consisistantly told bank agents that I lost my job. now they are forcing to pay immidiatly. I asked them for 1 month time. but they are not agreeying and continiously harrasing to my wife and friends also. they are just saying that we will file a case, but actualy they are not doing it. and forcing and abusing and spreading it in my family and friends.

Kishan Dutt Kalaskar

Responded 4 years ago

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A.Dear Sir,
You may get issue a legal notice on the basis of following judgment.
============================================================
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.
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