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NEED INJUNCTION ORDER FOR COMMERCIAL VEHICLE LOAN FOR NON PAYMENT OF E
16-Oct-2023 (In Banking / Finance Law)
I have taken commercial vehicle loan from bank and paid 24 months continuosly, from last 3 months due to bad morket condition Iam unable to make the payments, the financer informed that If I not paid the 4th EMI then the vehicle was seized, how can I take injuction for 6 months to continue the same, please help me
file case for injunction order in civil court. where you have taken loan, loan office address and your home address. you can also request for extension of EMI etc. even this order is costly for legal fees.
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Adv. Pavan Kumar Gudipati
Hyderabad | 25+ Answers
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We need to understand your arrangement with the bank to advise further. Moreso, it is important to send a reply notice to the legal notice sent by your bank.
To specifically answer your question, yes you have legal recourse to make a representation for stopping immediate attachment of a property.
Please consult a lawyer to get more details.
To specifically answer your question, yes you have legal recourse to make a representation for stopping immediate attachment of a property.
Please consult a lawyer to get more details.
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Adv. Ramya Kunapareddy
Hyderabad | 100+ Answers
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