I have been accused under 138 ni act, in the year 1996 our father took a loan in NBFC
where my elder brother was the Ist guarantor and i was the second guarantor. In the year 2003
my father passed away and in the year 2006 my elder brother also passed away. Now without
the notice to me they appointed arbitrator, on the decission of the arbitrator the NBFC charged
me 7,50,000/= the original loan was 300000/=. some how they managed to take a my signed
cheque. Now i donot how to manage the situation. Now the said NBFC(non banking financial
corporation) is also in trouble they have not paid the amount to the depositors.
Thanking you sir.