Legal Question in Credit and Debt Law in India

recovery of money from lyods finance ltd

My father is a senior citizen (78yrs) . He had a deposit of a sum in Lyods Finance ltd Calcutta. which has matured 8 years ago in 1999 but we have not yet received any thing from them as they say that the co. does not have sufficient funds to pay off. The Hon'ble court has set up a commitee under Hon'ble Justice A.B.Palkar in the Mumbai branch. We require money immideatly for my sister's marriage . what should we do?


Asked on 8/11/07, 4:50 am

4 Answers from Attorneys

G. M. Gupta gmguptaandassociates

Re: recovery of money from lyods finance ltd

that company if has gone in sica then there is different procedure. otherwise file suit for recovery u/o 37 and also file consumer case and also file case of cheating.

if you need any bombay lawyer .. tell me

consult personally with documents. Consultation charges will apply.

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Answered on 8/12/07, 3:10 am
Homi Maratha N.N. Maratha & Co.-Advocates

Re: recovery of money from lyods finance ltd

good evening

i advice you to mail me the current movement as wanted a brief idea and if the goverment has set up a commitee then the things would get resolved

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Answered on 8/11/07, 6:54 am
BANKIMCHANDRA SHAH ADVOCATE DIGVIJAYA CONSULTANCY SERVICES

Re: recovery of money from lyods finance ltd

file a consumer case. contact a lawyer

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Answered on 8/11/07, 8:03 am

Re: recovery of money from lyods finance ltd

File a consumer case and consult a local lawyer with all details.

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Answered on 8/11/07, 1:24 pm


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