A car was taken on EMI from one bank later the loan taken over by a new bank,The loans were repaid for many years repaying much more than the amount taken from new bank.Asked for Outstanding Loan details by registered post,.Bank did not respond but kept on sending normal Statement of Accounts every month.Payment of EMI stopped for more than two years.Bank has not responded or taken any legal action.Has the Dues if any become barred by the Law of Limitation? Can anyone please guide.
