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Unable to repay loans taken from bank/FIR filed against Me by Bank


30-Nov-2023 (In Banking / Finance Law)
Hi Sir/Ma'am, I took an X amount of buisness loan from the bank 8-9 month before. But, my business didn't do well. I unable to pay the amount now. So i was afraid and flew off from the city/state. Now, Crime Branch inquiring to my all contacts and close relations. if there is any chance if i come back in-front of the bank and court, apologize them and requesting them about my problem and situation? Could you please suggest me what i can do in this situation. I am still in the financial crisis. Please help me.
Answers (2)

Answer #1
624 votes
if you're not forged the documents while obtaining the loan then don't worry. it's common to failure of payment of loan now a day you need to face the situation. I am not aware about your current situation if you calling me I can guide you perfectly. I am suggesting you don't worry about the procedure it will go on the thing is you need to pay the loan amount In future. you can get time need to fight legally on right track. I am suggesting you don't run from justice you cannot
Answer #2
972 votes
hi

in this case you have to apply for anticipatory bail before sessions court as soon as possible.

after that you have to approach hon'ble high court for quashing of FIR

you can also apply to DRT for violation of provisions of law

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