Legal Question in Credit and Debt Law in India

I have used credit card and paid the payment regularly but from last 16 month i was jobless so not able to pay the credit card dues now got a preligitation summon from lok nyayalay what will happen if i will not appear in lok adalat


Asked on 2/10/17, 7:11 am

2 Answers from Attorneys

Fca Prashant Chavan Expert Edge LLP

10.02.2017 10.10 pm

Dear Sir / Madam,

You should immediately negotiate and agree upon a settlement with the concerned Bank and appear in the Lok Adalat in response to the pre-litigation arbitrary summons you have received from them and file your reply thereto detailing your stance and say in the matter.

Regards,

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Answered on 2/10/17, 8:45 am
Fca Prashant Chavan Expert Edge LLP

10.02.2017 10.10 pm

Dear Sir / Madam,

You should immediately negotiate and agree upon a settlement with the concerned Bank and appear in the Lok Adalat in response to the pre-litigation arbitrary summons you have received from them and file your reply thereto detailing your stance and say in the matter. Your failure to attend the hearing could result in the Bank pursuing Police action.

Regards,

Read more
Answered on 2/10/17, 8:46 am


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