Legal Question in Consumer Law in India

sir , I bought bike through finance on September 25 2012 and paying my regular debit through given checks .As per my account status on December I couldn't pay my money in time and check has been bounced for December and after January 2013 and February 2013 my account is cleared as checks has cleared in time . But now 5 days back they seized my vehicle in middle of road from my relative who s having my vehicle at that time as i was out of station .

Is it in law to seize a vehicle for one month due and that too without prior notice .?????

pl z help me in this law question as i couldn't find in Google as of now ...


Asked on 2/20/13, 9:06 am

5 Answers from Attorneys
Global Legist Advocate & Legal Consultants

Hello,

As per SC , they can not forcefully take the vehicle and have to amicably solve it at the first instance.

In your case when they have received the further two installment, they have to inform you about the lapsed installment and can incur some penalty on the missed installment.

Global Legist

Advocate & Legal Consultant

+91 9873400403

[email protected]

www.globallegist.com

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Answered on 2/20/13, 11:34 am
Sanjay Kalra Sanjay Kalra & Associates

Make a police complaint against the people or the company who had seized your vehicle........Please check Sanjay Kalra and Associates on the internet to know more about our law firm and the legal services we are rendering for our clients from all over the World.

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Answered on 2/20/13, 10:02 pm
Jayesh Desai Jayesh Desai

Make a police complaint and also file a complaint with consumer court.

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Answered on 2/21/13, 2:33 am
Fca Prashant Chavan Expert Edge LLP

21.02.2013

Dear Sir / Madam,

(Bharat Nagar Colony, Hyderabad, Andhra Pradesh)

Since the December cheque had bounced, you basically defaulted. So please pay up the December payment and request the Finance Company to release your motorbike.

Regards,

FCA Prashant Chavan

Mumbai

(You can also mail me for any further on-line advice at [email protected])

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Answered on 2/21/13, 7:56 am


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