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Bank account frozen due to loan default by co.op. credit soc.


17-Nov-2023 (In Recovery Law)
I have taken an unsecured personal loan of 3Lakh from Shivkrupa co op credit soc Ltd in 2019. Due to business loss, it was defaulted for quite long time. Now Co Op credit soc. has frozen my bank account by getting a order from Sub-Registrar. And proceeding to seize my House with the help of local police protection. They are not ready to give me loan settlement relaxation to close the account as well. Now, I wanted to apeal in district court to stay Sub-Registrar order for further action and help
Answers (2)

Answer #1
871 votes
You’ll have to take immediate steps, kindly contact. You’ll have to take immediate steps, kindly contact. You’ll have to take immediate steps, kindly contact. You’ll have to take immediate steps, kindly contact.
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Advocate Abhinav A. Bhatkar

Adv. Abhinav A. Bhatkar

LawRato Mumbai | 100+ Answers
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Answer #2
884 votes
Well, we can certainly file an appeal to brought stay on Sub Registrar's Order. However for that, I need to legally analyse the Certified Order Copy of the Order passed by the Sub Registrar of Co-operative Society in favor of the Co-operative Bank. Hence, let us start with that analysis.
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Advocate Pankaj Bajaj

Adv. Pankaj Bajaj

LawRatoMumbai | 1000+ Answers
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