Legal Question in Credit and Debt Law in India

I found in CIBIL report that there is a high outstanding in my credit card account which I used during 7 years back and it appears in the CIBIL Report that the account was written off. I have settled the amount during 2006. But I do not have any records at present. However I have forwarded dispute resolution to CIBIL to remove it from the report. There is no demand notice from the card company during this 7 year period. After the Card company received my dispute resolution , today the company is asking me over phone to repay the outstanding. Is it right?


Asked on 1/09/14, 1:37 am

1 Answer from Attorneys
anuradha Dixit +9312411481 dixitlawfirm

if you are resolving the issue you will have to place on record the payments made by you.If the amount is settled and an NOC is there in your favour then they cannot demand ay money from you. For further query contact 9312411481.

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Answered on 1/09/14, 2:18 am


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