You may get issue a strong legal notice and stop the bankers from troubling you.
Please give me RANK FIVE (5) if my answer satisfies you.
2. you can approach the lending bank/institution to grant you some time, or approach the permanent look adalat regarding the matter,
3. keep one thing in your mind absolutely clear that you have to pay the outstanding at every cost, however, you may get the relief of interest/penalty cut
You may get injection order against them not to disturb your private life and ask them to approach to civil court.
Please give me RANK FIVE (5) If my answer satisfies you
Please give me RANK FIVE(5) if my answer satisfies you
Please 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 Chat ...ReadMore
2. you can file a police complaint or raise your concern through legal notice with a copy to the RBI
You may ask for more time or ask them to file the civil suit where you can get more time and ask them to stop unnecessary callings and sending messages which violates your personal liberty
Please give me RANK FIVE {5} if my answer satisfies you.
If my answer is helpful to you then please give my FIVE STAR
If my answer is helpful to you then please give my FIVE STAR
Dear Sir,
The provisions of Bankruptcy and insolvency Act may be used to get relevant certificate. The highlights of the Act are as follows followed by a link.
KEY HIGHLIGHTS
1. Corporate Debtors: Two-Stage Process
To initiate an insolvency process for corporate debtors, the default should be at least INR Ten lakhs which limit may be increased up to INR Ten lakhs by the Government). The Code proposes two independent stages:
Insolvency Re ...ReadMore
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