Credit card payment

kumar (Querist) 28 April 2015 This query is : Resolved
I had one credit card in India last transaction done in 2008 November and the outstanding amount was 15000 Rs.Now they call me to my abroad number and asking to 120000 IRS as my out standing amount .
Since 2008 nobody calls me or mail me regarding this payment. My question is in this case Had i passed the statute of expiration ?
can they file a case against me ?

Please reply sir

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Kumar Doab (Expert) 29 April 2015
Barred my limitation.

Still you owe the money borrowed by you.

You should pay it.

Sudhir Kumar, Advocate (Expert) 29 April 2015
li8mitation will revive for three years when you admit liability in any conversation.

Rajendra K Goyal (Expert) 29 April 2015
Agree with the experts.

Guest (Expert) 29 April 2015
Any reason if you don't want to clear your credit card dues and why you are so keen to know statutory expiration?

ajay sethi (Expert) 29 April 2015
claim of bank is barred by limitation

T. Kalaiselvan, Advocate (Expert) 03 May 2015
Appears to be barred by limitation. How did they trace out your foreign phone number?, do not commit for payment without knowing the details of the caller and the genuineness of the claim.