Legal process of recovery of loan when wishfully default by

Narendra chelak (Querist) 02 September 2016 This query is : Resolved
What is legal process to recover loan by banks or nbfcs .plz guide step by step....

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R.K Nanda (Expert) 02 September 2016
Academic query.

Sudhir Kumar, Advocate (Expert) 02 September 2016
seems like a question papers for promotion exam in bank.

no facts given.

Narendra chelak (Querist) 02 September 2016
I asking becaus...i have an interview for legal officer... plz help...

Raj Kumar Makkad (Expert) 02 September 2016
This is not a class-room. read books for facing such interview or examination.

Rajendra K Goyal (Expert) 03 September 2016
No reply to academic query.

Kumar Doab (Expert) 03 September 2016
Academic query.

Narendra chelak (Querist) 04 September 2016
Plz suggest book and author name

Rajendra K Goyal (Expert) 05 September 2016
How are you concerned?

You have not stated purpose and type of loan.

If you are Banker, refer your Bank instructions / circulars / guidelines / RBI guidelines.

If Borrower, you have to refer no. of sites. Civil case, SARFAESI process, recovery certificate, RBI directives. Cooperative Banks can adopt different process as per state law.

Rajendra K Goyal (Expert) 05 September 2016
However for Book, you can visit book store or library.

Guest (Expert) 05 September 2016
Mr. Narendra Chelak,

Do you think only one question will be asked in the interview for legal officer?

You are prospective legal officer, you must read the related alw books pertaining to your job. Any reply to your casual query may not serve your purpose to help you succeed in the interview.

Ms.Usha Kapoor (Expert) 24 June 2018
No reply for academic query.

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