hi Legal friends
I Y Sribhaskar from Hyderabad please guide me like in my earlier issue on cheque bounce case.
I Wish my heartful thanks to the members of LCI for giving me good guidance to come out of the Issue
I have a querry now is I Purchased a Home in Hyderabad with the support of LICHFL for 15 Lakhs Since a year or so we are repaying the Loan due to illness of my wife & daughter we could not pay it since 7 months. Now the LICHFL not accepting the instalment amount as it becomes NPA they need to collect full dues else securitisation of property will be implemented I asked one moth time only to update the Loan Amount simply they are rejecting the request. Is there any such Law in force in India Instalment can not be accepted for not paying of 7 instalments and impose the securitisation of Property please guide me what to do now. my contact number is 09295802698 . Hope Some one will show the correct Way to get some time without any pressure from LICHFL
