I had taken loan from Bussan Auto Finance India ltd, New Delhi to purchase a bike from yamah company on Oct 2015. Normally i used to repay the loan amount in time till my bike which was stolen on May 2017. An FIR was lodged but due to non-insurance I was unable to get insurance. When approached to the loan agent we were suggested not to repay the rest EMI after copy of FIR produced.
Now I have received a Demand Notice from the company yo repay with interest the loan amount. What to do in this matter? Please guide me.