Legal Question in Banking Law in India
bajaj finance
dear sir i have taken--name removed--loan from bajaj finance in year 2006 of rupees 30000 and the repayment was fixed in ecs of 1714 Rs now i was unable to repay emi for 5 months as the company has sent me letter regarding legel case wil be filled if i dont repay the said 5 months amount please email me what shal i do as i am not in position to reapy it immdetly
thanking you
Asked on 7/08/09, 4:38 am
3 Answers from Attorneys
Rohini Kumar Tenneti
R.K.1080 LEGAL SERVICES
Re: bajaj finance
The remedies for such cases are very limited,as you are bound to accept the bank's demand.
Answered on 7/08/09, 4:46 am
Pranav Desai
PD Legal & Associates
Re: bajaj finance
Approach the company and request them to rescheduled your loan.
Answered on 7/08/09, 5:25 am
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
Re: bajaj finance
You may settle your liability by all means; to avoid problems.
Answered on 7/08/09, 6:55 am
Related Questions & Answers
-
Auction of property by bank Due to various reasons, my bank had auctioned my... Asked 7/07/09, 12:51 am in India Banking Law
-
P/a holder signing after expiry of a/c holder son - p/a holder, since 1999,... Asked 7/06/09, 10:51 am in India Banking Law
-
Demand Draft Dishonoured Dear Sir, Our demand draft was dishonoured by bank for... Asked 7/06/09, 2:37 am in India Banking Law
-
DD bounce DD bounced, the purchaser stating DD as lost, got new instrument from... Asked 7/04/09, 6:49 pm in India Banking Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
