Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

shashwat poddar   17 November 2018

Protection against money lenders

ABC is a partnership firm in which A & B are partners. A is the working partner who took loan in the name of ABC firm from various private money lenders. B is a housewife who had no role in business. A has issued PDC's of ABC firm. A has made the default and now money lenders 10-15 people are coming in the house of B asking for money and harrassing B and her family. how can B protect herself and her family against such actions of money lenders.


Learning

 1 Replies

Suri.Sravan Kumar (senior)     17 November 2018

B. has the options

1.lodging police complaint against the persons who are harassing her

2. repay the amount and recover the amount from A or from the firm(treating the amount as loan from the firm)

3. to file injunction suit against the persons.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register