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Summons received for not paying emis
24-Jan-2023 (In Cheque Bounce Law)
I have a hearing under section 138 for not paying emis for alomst 8months. I cannot pay the overdue nor settle the loan right now. However i would be able to settle the loan completely after 6months. I merely need these few months time. Is it possible? If yes, what should be my course of action to achieve that?
if they are filling case of 138 that means that they have cheques in their possession with your signature on it. most probably they have taken these cheques as the security of your emi payment. but the law is that you cannot take the cheque as the security of payment. they are doing it to harass you and to take out money out of your pockets. keep calm and litigate this case without any fear. it will be most probably in your favor. by then you will also get time to recover and start your life again. let me know if i can help you in any way.
Helpful?
23+
23+
Adv. Veena Bane
Mumbai | 100+ Answers
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My Response to your query:
as per amendment you can ask for compounding of offences if possible.
In this way you can arrange all within 6 month same ask time from court
for detail consultation you can contact me
as per amendment you can ask for compounding of offences if possible.
In this way you can arrange all within 6 month same ask time from court
for detail consultation you can contact me
Helpful?
13+
13+
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