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Tejas (MD)     23 January 2010

138 acts

i have a loan.. i completed all install ment of that loan and the last installment i cant paid , its amount is 2800 now company send me a letter that contain 138 act , so what i shoul do ..



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 3 Replies

Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 )     23 January 2010

It is your duty to pay all the instalments. If u r not in a position to pay last instalment, bring to the notice to the bank manager immediately,. So that he may give some relief to some extent.

CS Pooja (Company Secretary)     23 January 2010

The Banker has all the rights to sue you, irrespective of the fact that you have paid all the earlier instalments in time.

Tejas (MD)     24 January 2010

i went to the manager but they wantd 4500 instead of 2800, now waht i do i pay 4500 or wait for court decision.


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