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Kaushik roy   04 February 2023

Car repossession

Please help me my car repossession by the finance co. Chola mandalam.
Please tell me the car repo rules as per RBI guidelines...


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Quick Summary
If your car is being repossessed by a finance company like Chola Mandalam, it's crucial to understand your rights. You can file a suit for an injunction to prevent forceful repossession, especially if the company isn't following due legal process. The RBI has specific guidelines governing vehicle repossession, and it's important to be aware of these to protect yourself.

 2 Replies

Sudhir Kumar, Advocate

Sudhir Kumar, Advocate (Advocate)     04 February 2023

please give full facts ?

Rajat sahotra

Rajat sahotra (Partner)     04 February 2023

File a suit for injunction restraining finance company from forcefully repossession of vehicle except following the due coarse of law and only with the permission of the court 


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