chiterrekha kala
(Querist) 22 January 2009
This query is : Resolved
Is there any Act against the finance company where they called their client for settlement of default loan a/c.
But Bank officials are warning in the premises of Lok adalat to the concerned client of Bank to take the Non balaible warrant thru court in presence of so many people.
Interestingly there is no Lok adalat/Govt official is present, only Bank official was there..
PALNITKAR V.V.
(Expert) 22 January 2009
please give complete details so that proper action can be suggested
KAMARAJ BHARATHY G
(Expert) 23 January 2009
in lok adalat the bank representatives can explain to the other side about the conseqauences may be taken in the absence of the settlement in the lok adalat. But anyway he cannot compel or thread the otherside to settle the matter. that is depending upon his own will.
J K Agrawal
(Expert) 25 January 2009
Threatning to take legal action is not an offence (even if no such remedy is available to him by law)
Trouble Logging in? Try following the given steps -
1. Visit your inbox to find a confirmation mail from LAWyersClubIndia.
2. Click on the confirmation link and confirm your signup