In case the borrower defaults in repaying the loan, what are
Querist :
Anonymous
(Querist) 15 September 2020
This query is : Resolved
In case the borrower defaults in repaying the loan, what are the legal remedies available to the bank (lender)?”what is legal remedies available for bank against defaulters under IPC AND cpc?
This discussion addresses the legal recourse available to banks if a borrower fails to repay a loan. It specifically asks about remedies under the Indian Penal Code (IPC) and the Code of Civil Procedure (CPC). The replies indicate that the original query has been asked before and lacks specific factual details needed for a comprehensive answer.
Rajendra K Goyal
(Expert) 15 September 2020
Repeated query, already replied at:
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