Issue of nbw
kanwal mehta
(Querist) 14 March 2012
This query is : Resolved
i have not received any summons , if the letters have been returned as "left" then still can they issue a warrant? Is there any limitation period within which the banks can keep collecting ? i read somewhere that there is a limitation period of 3 years of acknowledging of the debt that they can continue to collect. After which they cannot. Is it true.
ajay sethi
(Expert) 14 March 2012
yes it is true that suit has to be filed within period of 3 years from acknowledgement of debt .
in your case you have stated that you have not been served summons . court may pass an order for substituted service wherein it cna be by means of publication in newspapers .
Deepak Nair
(Expert) 14 March 2012
This query is already answered.
Deepak Nair
(Expert) 14 March 2012
Please refer to your earlier query titled "Recovery of credit card dues"
Deepak Nair
(Expert) 14 March 2012
Please maintain a single thread and avoid repeating queries.
Thanks.
venkatesh Rao
(Expert) 14 March 2012
Memory of Mr. Nair is so sharp. Hats off to him.
ESTHERPRIYA
(Expert) 15 March 2012
Yes it is the procedure in court to issue BW and then NBW to the accused who is not present and who evades the process of law.