Personal Loan not able to Pay and bank send police at my permanent add
28-Mar-2023 (In Banking / Finance Law)
Dear Sir/Madam, This is Ajeet Kumar Yadav, I taken a personal loan from ICICI bank (3 lacks). And I'm not able to pay from June 2018.Now Bank send police at my permanent address and inspector said to my uncle that if I'll talk to him then he will help for settlement because loan case is in court now. Inspector gave your mobile number to my uncle and told him to talk with me so what should I do in this scenario, can they arrest me or harras me..? Plz I need helpful advice in this scenario.
Hello if police has approached they must have come after court orders either there may be warrant of arrest against you under complaint against you u/s 138 of Negotiable Instruments act or if loan is unsecured bank must have approached DRT and conditional warrants are issued. I suggest you under these circumstances you take advice from a learned Advocate.
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