You have posted that:
--“ As, now i won't pay them a single penny”
It may not be possible.
Bank may agree for settlement at reduced amounts which you may treat as compensation.
Did you ever represent to bank to reschedule your debt to EMI’ which you can pay or try settlement.
If you have such record bank should not have resorted to such tactics.
--“Once i received a call from there department which was a threatening call”
Did you record the call? Do you have phone number from which call was made?
All banks are legally bound to maintain the list of their recovery agencies on their web site, which is usually PDF file.
Does the name of this recovery agency is in such list?
--“ and then after 2 days there were 4 people who visited my wife school .she is a teacher and she is only income source 4 my family. they misbehaved with my wife’s Admin staff, asking them to call her from her busy class.”
Did they bring any letter issued by ICICI bank (already dispatched for you) and did they wear any I .Card issued by their agency certified by ICICI bank?
Who has authorized them to come to your wife’s school?
Were you evading their calls? Are they calling you many times a day?
Has the lady and school staff lodged a complaint with police or school authorities?
Would the staff of school write in their statements to police what is mentioned by you in your post? If yes do that and put your feet on the tail of the bank’s managers and MD, Chairman. MD and Chairman should be made a party. Narrate everything .If you have recorded calls and witnesses it is better.
Your wide does not owe bank any money and usually staff is empathetic with women.
Even if they are not: it is intrusion and criminal intimidation in private/govt property and school should report it, until the lady or you stop them.
“They also demand to fire her from her services.”
They can not do it. Each recovery agency is under recovery manager of bank.
Find out who is this man and his superiors.
You have to either match their wits by your wits or surrender.
--“ They also called me to my native place and abused very bad language and threaten to capture the property.”
They can not. Did you record the call? Police will interfere if these agents are causing social nuisance, unrest, disturbance, attack, theft, threat, and criminal intimidation, so your complaint should be filed (Obtain acknowledgment and complaint number). It should be converted into FIR. Apply your resources to lodge complaint/FIR.
--“ Again they visited my old office and abuse my boss and hes secretary and my staff, they called 2 times at my office place and use abusive languages to my ex-colleague.”
Would they lodge a police complaint and be witness?
--“ but i want to fight against them.‘
Supreme Court of India Judgments on recovery agents of ICICI bank is attached.
RBI has issued guidelines on recovery agencies/collection calls.
If you can produce witness, lodge complaints and chase properly and effectively probably the license of agency and bank may be in danger. Police may have to file report and challan and there would serious implications for the agency and bank.
In such a situation one should approach his community, community leaders, compotators, MLA’s, Councilors, everyone, media and give the offenders good beating…….
It is recommended that you may obtain the counsel of your lawyer.
Valuable advice of learned experts/members is sought.