My name is R. Kulkarni. I took a credit card of ICICI bank in 2005. Limit 25000/-. I used that card for 3 years and make payments in installments every month. I paid more than 35000/- in three those 3 years. After 2008 i stopped paying since my financial condition was not good. Later on i shifted to a different city in search of job. I have been receiving emails from bank after every 2-3 months for payments. They are sending emails on regular basis. They show in there email that the oustanding is 4 lakhs +.
My query is about time barred debt. Can bank file or initiate any legal proceedings after 14 years.