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Illegel vehicle seized by third party rowdys and goons
21-May-2025 (In Recovery Law)
Only 2 months EMI due, vehicle was seized by yes bank with third party rowdies and goondas on the road, we're with family going to hospital because my hand was accidentally fractured, not issued before intimation letter and not came any manager to our address and seizing your means and without my permission and without intimation vehicle taken by yes bank and third party rowdies and goons on road. Due to the health issue I was not able to clear the dues, Misbehaviour on my family.
You have strong grounds for legal action. Immediately consult a lawyer . The lawyer can help you explore options for compensation . File an FIR for illegal repossession and harassment . As a RBI guidelines the recovery agents cannot force , intimidation or third party goons. Proper intimation must be given before repossession. The Bank must issue a notice , give you a chance to pay the dues , and then only initiate repossession. The banks cannot act like sharks.
You can demand immediate return of your vehicle . Compensation for medical transport destruction, emotional distress and written apology from the Bank.
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Adv. Pavani Kumari
Guntur | 400+ Answers
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