Bank loans

arvind (Querist) 28 September 2014 This query is : Resolved
Dear sir
I have take a cash credit loan from vijaya bank. I have take loan under ssi scheme. and mse scheme. it is a CGTMSE loan.
I have supplied goods to all shop.and i have got invoice and delivery Callahan.

Sir i am getting calls from banker to repay. the say that they will file police complaint and civil suits and DRT cases against my firm. and they say they will arrest me. What they can do sir police complaint or DRT or Civil Case.

Can i file case based on invoice and delivery Callahan.to claim they amount from my customer.

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Advocate. Arunagiri (Expert) 28 September 2014
YOu can initiate civil case for recovery of money from your clients.

Bank will not go for a criminal case, for recovery of loan. They may file a civil case.

ajay sethi (Expert) 28 September 2014
bank will take civil proceedings for recovery of loan amount . criminal complaints are rarely filed

Sudhir Kumar, Advocate (Expert) 28 September 2014
repeated

http://www.lawyersclubindia.com/experts/discharge-petition-pending-since-2013-491116.asp

Sudhir Kumar, Advocate (Expert) 28 September 2014
repeated

http://www.lawyersclubindia.com/experts/Bank-Loans-suggestions-499371.asp

Rajendra K Goyal (Expert) 28 September 2014
Repeated query, no reply.

Kumar Doab (Expert) 28 September 2014
What is the need of repeating again and again.

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