Legal Question in Credit and Debt Law in India

hi,

I have taken 3 personal loans and have failed to repay my emi's after 15 emi's. I have shifted my address and im unemployed now. My question is will the bank issue an arrest warrant for the non repayment of the loan and will search warrant be issued.

Thanks.


Asked on 12/13/12, 7:07 am

1 Answer from Attorneys

if there suit decreed by t court then court can order for the attachment of ur property and there is no property then civil imprisonment

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Answered on 12/22/12, 9:40 pm


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