Legal Question in Credit and Debt Law in India

I have received a summon from LOK adalat stating to appear in court on certain date as i have not payed the credit card dues.

I have received the same in my email from a lawyer representing the ICICI Bank.

I am due to payment to the bank but i am not in a good finncial condition and i have settled few other credit cards and loans 3 months back and the Bank is pestering me to pay up all the other outstanding dues ...

I want more time but they are not ready to listen to me

Can i go to the court and show the settlement letter of other cards and loans from the same bank and request for more time...?

In case if i do not appear in the court will there be a issue.

After how many summons a arrest warrent is issues, also i did not receive any hard copy of the same.


Asked on 4/02/13, 1:26 pm

3 Answer from Attorneys

Jayesh Desai Jayesh Desai

Lok Adalat cannot issue arrest warrant, matters can be taken up by lok adalat only after consent by both the parties.

If you are not able to pay - get yourself declared as insolvent.

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Answered on 4/03/13, 10:16 am


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