Legal Question in Civil Litigation in India

I took loan 150000 ₹ 5/2015 from money lender with promissory note and gave blank cheque I paid monthly interest of 7500₹ by cash without receipts now l unable to pay the interest so so they gave me statutory notes under section 138(b) my husband underwent open heart surgery I am in financial problem please help me


Asked on 2/23/17, 3:27 pm

1 Answer from Attorneys

Sanjay. K. Dixit, Advocate. Sanjay K Dixit, Advocate @ Karnataka Bar Council Enrolement No: "KAR/898/2007"

Dear Sir/Ma'am, Since that collecting monthly 5% rate of interest itself becomes void Ab-initio (from the beginning), then have an absolute remedy through giving a complaint to the Registrar, & Advocate General, Office of the State Co-Operative Society, & Money Lending Department, or post him same in this regard, Okay!

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Answered on 2/24/17, 2:00 am


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