Is Guarantor liable for banker fraud
Is Guarantor liable for banker fraud
Sir, my uncle stood as a guarantor for a bank loan in nationalized bank and given security collateral for the loan. Borrower is my uncle relative. The borrower and bank manager joined together and mad
5 years ago
A. From bank's perspective, the guarantor is treated as good as the borrower. Hence, it is the responsibility of the guarantor to clear the loan. In case the said guarantor refuses to comply with the demand made by the creditor/banker, despite having sufficient means to make payment of the dues, such guarantor would also be treated as a wilful defaulter. Refer to the notification of the RBI dated September 9, 2014 and SC judgement justices BS Chauhan and Dipak Misra 2012.
ROBERT D ROZARIO
money
I ask question but wrong understand.... My question is I gave money to one of my friend by cheque he need that time he promised to give after some month but now he is not returning my money so how ca
5 years ago
A. it will be difficult to recover because as there is no written instrument. Even police won't take your complaint as FIR. But you may try your luck by filing an application under section 156(3) CrPC before the magistrate to give direction to the police to take your complaint as FIR and make an investigation.You require two witnesses in whose presence the cheque was given and the terms of its refund. If you are able to do this then there will be possibility he might refund your money. Contact a lo ...ReadMore
ROBERT D ROZARIO
money
I have given money one of person by cheque by he is not giving return to me
5 years ago
A. is there any written instrument (agreement) stating the terms and conditions for which it was given. If not forget about it and carry on with your work. You won't be able to recover unless he is an honest man
ROBERT D ROZARIO
Maturity payment decline by Sahara credit cooperative society
I would like to inform you that I opened the RD(recurring deposit) account with Sahara credit cooperative society in October'2013. I paid all RD premiums on time of 1000 per month. Maturity period wa
5 years ago
A. Dear Sir,
You may get issue a legal notice your problem will be solved if not approach Consumer Forum.
For full procedure contact me on mobile through Vidhikarya.
Fraud by Bank
Dear Sir/Madam I want to take CC Loan from a Private Bank for that require documents I have submitted to the Bank. After verification and examined those documents, Bank have issued the Sanction Lette
5 years ago
A. Dear Client,
There are few options before you.You may choose one or more depends on how badly you need the money.
1. Talk to the Bank Manager, Find out the problem, sort it out.
2.If you feel that the bank concealed some information and you have been cheated you have the right to go to the court of law provided the Bank refuse to return the money you might have paid as Service Charges.
Shanti Ranjan Behera
Advocate
Manjula Shanmugasundaram
ATM FRAUD
Unauthorized transactions occurred in S.B. account with ATM Debit card(CARD NOT PRESENT)..Within a hour the matter was reported to the Bank.Please advise the further steps to be taken in the m
5 years ago
A. Dear Client,
Meet the Bank Officer and lodge a Complaint.Block the card for the time being.
File a FIR in the near by Police Station.
Police will scrutinize the CCTV to get the criminal.
Then, legal action will start to recover the money.
Shanti Ranjan Behera
Advocate
Credit card
Dear sir I have a credit card limit of 35000 I have done minimum 3000 from 2 years From 3 months not made payment , i contacted the bank for settlement, they are not bothered about my situation they
5 years ago
A. Approach the Ombudsman or send a legal notice.
ARPIT BATRA
Fd closer
Husband has fd of Rs 8.30 lakh with nominee as his father. Can wife claim the money?
5 years ago
A. Dear Madam,
Nominee is only a trustee and is not entitled for such amount and he has to distribute the said maturity amount among the legal heirs of the said husband.
For full procedure contact me on mobile through Vidhikarya.
Rameshwar Dadhe
About Informing to Bank
My Father passed away a month ago... 10days back I have applied for death certificate.... Now I must inform to bank where my father kept FD and maintained his account ? Or I need to contact the bank a
5 years ago
A. If you go to the bank without the birth certificate they will simply freeze the account so better suggested that you go with the death certificate and then discuss the process of getting the amount transferred to your name and account.
Can't able to repay the education loan
Sir , I want to know if I can't able to repay my education loan. What action will be taken ? Can they send me to Jail .
5 years ago
A. Dear Sir,
It all depends upon the properties you possess. If you are unable to pay having sufficient properties in your name then the option is to attach such properties are they can even attach a share of your property but in rarest of rare case orders to send jail will be passed.
For full procedure contact me on mobile through Vidhikarya.
Rameshwar Dadhe
