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Bank threatening to put legal notice in society for 2 bounced emi
20-Oct-2023 (In Recovery Law)
what impact to next dhfl call to me for this matter he told we have give action from idbi bank and give notice to you and your building. 2 emis bounced. What to do
They cannot straight away take a garnishee order, only after filing the case on contest if they succeed they can take a garnishee order. Meanwhile u can send a Advocate notice stating that they can proceed with the case legally.
More over if possible try settle the matter out of court pay the EMI and have a smooth relationship with the bank
More over if possible try settle the matter out of court pay the EMI and have a smooth relationship with the bank
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25+
25+
Adv. Siddhant Sharma
Delhi | 500+ Answers
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