Legal Question in Banking Law in India

if my dad has a default on 1 credit card of particular bank and i have savings account which is independent can they adjust money from my savings account


Asked on 6/28/11, 7:47 am

3 Answers from Attorneys
J. Radhakrishnan independent Practice

Unless u r guarantor the bank cannot adjust the dues on your savings account credit balance.

Read more
Answered on 6/28/11, 11:07 am
Sanjay Kalra Sanjay Kalra & Associates

No.

Read more
Answered on 6/28/11, 4:12 pm
Vishwa Arya Arya & Co.

no, the bank cannot.

Read more
Answered on 6/28/11, 6:05 pm


Related Questions & Answers

More Banking Law questions and answers in India