Limitation Act on PMRY loan recovery


Availed a loan of Rs.82000/- under PMRY and paid 17000/-/ Balance amt + interest (Total 76000/-)was written off in Oct 2008. Unknowingly I paid 7500/- in 2009 as was not aware of written off status. My current condition is not good, I orally offered 35000 the best but they insist on 70000. The recovery persons are now harassing for court action.

Answers (1)


265 votes
The claim has already become time barred. Ask the recovery agent to go to Court, if they still disturb you, lodge a police complaint against them.


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