Legal Question in Banking Law in India
my father takes personal loan from bank on 2009 and in 2013 my father expires. but our other family members does not know about loan. then suddenly in 2017 this month a letter comes from bank to pay loan. granter of loan also died in 2015. I want to know what I will do now and if I will not pay loan then they have authority to stop my mother pension or do anything else.
1. My brother is also working in PSPCL. PSPCL gives job to a son after death of father.
2. My mother is also taking pension from PSPCL.
I want to know also Bank have authority to do anything else from PSPCL.
Asked on 9/25/17, 11:37 pm
1 Answer from Attorneys
J. Radhakrishnan
independent Practice
Bank cannot touch pension. They can only file a suit. You can defend it through a competent Advocate.
Answered on 9/26/17, 8:21 am
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