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Criminal case for EMI bounce for 3 months


26-Nov-2023 (In Banking / Finance Law)
I have missed 3 EMI .getting mails from two person one for artibration and 2nd for criminal cas e420 .can both case charged same time .and i also want to know after how many days bank can charge criminal case
Answers (1)

Answer #1
688 votes
when you have missed consecutive 3 EMI then in that case bank has power or authority to charge you with criminal case under cheating and criminal breach of trust go for a settlement with bank otherwise you can get into a big trouble

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