co-operative bank ltd
mir mohamed ismail ali
(Querist) 16 March 2009
This query is : Resolved
sir,
i have a taken a loan that from a co-operative bank, that i stand a guarantee to wife and , my wife is guarantee to me. loan amount granted was rupess 15,000 each which i s taken in the year 0f 2006 and my wife amount was paid upto rs. 10000/- and thereafter due to family and finfancial problem we were not able to pay the emi as per it and just 3 months back some two person from bank had come to recovery the money and i said i dont have any job with me know and you give me some months time which i will pay it, they started harassing an threatning us that they will take our all house itmes and caution if you wont pay in one week times but we could not arrange the amount and again the bank recovery people they all about 10 to 12 persons came on sunday morning and started asking us that are u going to close one account that is the amount of rs. 12000/- already we have paid 12000 and balance hase to be another 3000 plus about 3000 insterest. when we said know we dont have anything with us and i told them also earlier itself to give 2 to 3 months time they said we cannot give any time one on the person order aad taken the itmes one by one and i will keep writing it and then i said you cannot do like that and show me the court orders he took out the order of 2006/2007 which of some co-operative bank court order. sir, please let me they have got any right without any court orders or anything about it and i wanted to know is ther any separate court for this banks or else anything other. sir please help me out in this regard and please suggest me and let me know that this bank people are just harassing it. before to this than i started calling my advocate but being sunday i was getting unreachazble or swithched off of the 3 to 4 advocate. when i started this, the nothing will if you call any lawer and said i will be giving you time upto 31/03/2009, if you i default then they said going auction and going to take all the things in the house about that value. please confirm me
thanking you
ismail
A V Vishal
(Expert) 17 March 2009
Dear Ismail:
Don't panic, Just approach the local police station and file a case against the bank and the recovery goons. Don't forget to take a copy of the FIR and then approach the Reserve Bank of India and the Registrar of Co-operative banks in the state in which you reside and lodge a written complaint against the arm twisting tactics adopted by the bank. I suggest you approach the local news channel and plead the injustice and mental harassment being met by you from the bank. Still the bank doesnot stop, approach a good criminal lawyer in your area and file a criminal case against the bank and the recovery guys in the court
A. A. JOSE
(Expert) 17 March 2009
I endorse above views.
mir mohamed ismail ali
(Querist) 18 March 2009
Sir,
Thank you for your highly suggestion and and giving me confidence, i would like to know there is any other special court for co-operative banks as those people said it, or it is the same city courts of the state i.e like civil, criminal courts as it, sir please suggest me to handle by myself this situation because i cannot afford right know to the advocate fees will u please give me some important details and suggestion. now i can lodge the complaint and file the fir on our local area police station. sir approaching the news channel i feel very uncomfortable and it is a matter of our family prestige. request you to help me out in this regard in a easy way
thanking you
ismail
bangalore, karnataka, india
