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Author Topic: Personal Loan question  (Read 638 times)

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Offline subbu.27784

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Personal Loan question
« on: February 16, 2016, 03:30:16 AM »
My father had taken a loan of 94000 INR from Kotak mahindra bank, this was settled using cash as mode of payment to an agency which came in 2010 and the receipt was kept as evidence, no closure  documents were sought and forgotten.
Now there is a new agency called Phoenix who have come and then they are asking us to pay again saying that the agency or the receipt are fraud and thus you have to pay again.
In between my father had pressures from the agency and he issued a cheque which he stopped payment but this was purely done to avoid more calls or threats from the agency.
We are now perplexed as to what to do, we inquired another lawyer and he is saying we could not do anything and have to pay the amount if this the receipt or the agency is proved fraud.

Offline Advaradhyakirmani

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Re: Personal Loan question
« Reply #1 on: July 03, 2016, 11:22:09 PM »
You are taking loan from Kotak mahindra bank, why are you not directly going to the bank and paying the loans.

is the bank out of bounce for you?

if really you have been cheated than lodge a written police complaint.
Adv.Aradhya Kirmani
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