My account turned NPA and the bank took symbolic possession.
My account turned NPA and the bank took symbolic possession.
My account turned NPA and the bank took symbolic possession. And immediately without prior notice they auctioned the property and applied for physical possession from the DM. We got a stay on the auct
1 year ago
A. Dear Client
You should immediately take action against the bank authorities on such misconduct.
You should contact a good advocate of Honourable high court and put forth your concerns.
Hope it helps
Subhashis Paul
Harassment on Credit Card Loan
I am Prakash Shah, I had granted a loan of rs.100000 from SBI Credit Card during lockdown crisis, and paid the EMI till I had money in my pocket. I paid EMI till 15 months and after that I got into an
1 year ago
A. Dear Client,
If the due period is over then they will call as to be confirmed when are you going to return the money. And as you have stopped after a certain time. And if the due is not over then you can file a FIR in the nearest police station.
Securitisation Application
I recently bought Bank Auction Property for which I paid full amount. But after, Bank said that the borrower files SA against Bank in DRT. DRT granted time to borrower for full amount repayment. But i
1 year ago
A. Dear Client,
The appeal against an order of Recovery Officer to DRT can be requested within 30 days from the date of order. The Tribunals have to resolve the claim within six months. The appeal against the judgment of DRT can be made within 45 days only to DRAT(Debt Recovery Appellate Tribunal).
CGTMSE LOAN became NPA
In 2009 we borrowed around 18 Lacs(Senctioned 20 Lacs),in 2010 we borrowed 7.13 Lacs for 3 Embroidery machines only under CGTMSE scheme ,in 2013 we became NPA,UBI appealed to DRT,by 2013 we have paid
1 year ago
A. Dear client,
An auction can be canceled. The right to cancel or postpone an auction event is reserved for the owner, giving reasonable notice to both sellers and buyers, but it is only under extremely rare circumstances that this would happen.
Harassments by IDFC Bank People
My Employee taken loan Bnak people Calling me for loan payment
1 year ago
A. Dear client,
Legal Remedies available to defaulter in the case of harassment by recovery agents are as follows:
Filing a complaint at the police station:
A proper complaint should be filed against the Bank and the recovery office. However, if the police do not file a complaint, the magistrate can be approached.
An injunction suit against the bank and recovery agents: A civil injunction suit with an ad-interim relief can be filed in the civil court against the bank and recovery organization. It ...ReadMore
unable to pay my loan emi
i have business loan and 4-5 personal loan ,i regular pay my emi since may 2022 but some big amount hold by govt so i can not pay regular my emi ,i want some time 3-4 month hold my emi and herresment
1 year ago
A. Dear Client,
These are the legal Remedies available to defaulter in the case of harassment by recovery agents:
Filing a complaint at the police station: A proper complaint should be filed against the Bank and the recovery office. However, if the police do not file a complaint, the magistrate can be approached.
An injunction suit against the bank and recovery agents: A civil injunction suit with an ad-interim relief can be filed in the civil court against the bank and recovery organization. It ...ReadMore
Pan issue
Sir income tax department issued same pan no to 2 persons after complaining they cancelled other person PAN Card details and same no is now with me.the other person has taken loan against the same pan
1 year ago
A. Dear client,
The Directorate of Income Tax formulated a policy and the same was issued vide AIS Instruction No. 82 dated 21.06.2013 which stated that “the person who has been allotted PAN earlier in time will be the actual owner of that PAN and the same will be retained by him and the person who has been inadvertently allotted the same PAN later in time, will have to obtain a new PAN by surrendering his wrongly allotted PAN”.
You need to mail and raise an issue with the It department and l ...ReadMore
Harrasment - one person he owe from me money
Sir, one person he owe from me money around 8lakh.. I have already given him 4lakh forty thousand. But now I dont have money in hand. He is always harresing me each and every time for this in many way
1 year ago
A. Dear Client,
The person has right to recover their money from your property. But if he is threatening you then you shall file police complaint of criminal intimidation and take police protection .
Thank you so much, I hope this answer helped you.
Getting harassment by bank daily
I took 28k rs from Postpe company due to bad financial situation I am not able to pay right now I told the company by email and told all the recovery agent that Recovery agent are calling my relativ
1 year ago
A. Dear Client,
You will have to start repaying the loan slowly to get rid of these callers. If the callers are getting abusive you can file a complaint against them to the police. Try contacting the customer service of the Postpe and discuss your payment plans with them.
Thank you so much, I hope this answer helped you.
Subhashis Paul
DRT matter - Who is a secured creditor
Who is a secured creditor and what is a secured asset under Sarfesi law. Can property documents given as lien but not registered under Central Registry and as per Banking laws be admissible as evidenc
1 year ago
A. Dear Sir,
Deposit of Title Deeds also recognized if prescribed documents are signed and it will go a long way since it is a Civil dispute.
