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 ?
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.
Biswanath Roy
(Expert) 05 May 2015
If you do not settle the matter with the Bank it will create a perilous situation.
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