LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Nani Babu   23 February 2024

dynamic injunction for asking time pay the loan

my name nani kumar i am from vijaywada I have a bank loans 6 lakhs rupees I pay 3 years regularly but present my position is not well to pay laons so I need 2 yeasrs time to pay the loan kindly inform me the legal remedies for asking time legally

legal remedies
which court i approached how to approach the court
which application i filed on. court

kindly inform or tell me the legal remedies process


 1 Replies

T. Kalaiselvan, Advocate (Advocate)     24 February 2024

No court will come to your rescue to permit you time to pay the loan at a later date.

You better approach the lender and seek time or restructure of loan so that you can pay it at easy installment with lesser amount but longer duration.

It is not a legal remedy but it is a discretionary power of the lender bank

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register