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Section 403 and 415 cited against non payment of dues


02-Aug-2024 (In Recovery Law)
After relocating for work, I initially registered my rented room's address in order to get salary account opened as mandate. Later, after job loss, I moved to a new place but faced layoff again this year. Struggling to pay my loan EMIs, I informed the lender. Recently, I received a threatening WhatsApp message citing IPC sections 403 and 415 against me for non-payment and be ready.
Answers (2)

Answer #1
896 votes
You do not worry..both the sections are bailable and even if an FIR under these section registers against you, you will get police bail from police station only. Secondly this is a civil matter so it’s not easy for lender to get registered the FIR. Yes you must be ready for civil court action that can be for recovery.
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Advocate Amit Sharma

Adv. Amit Sharma

LawRato Karnal | 25+ Answers
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Answer #2
748 votes
Hello sir/mam You can make settlement with the bank otherwise legal action will be taken againt you . Rest depends on the matter. You can Contact me over phone call for further assistance. Thank you Regards Advocate Kuber Hooda
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Advocate Kuber Hooda

Adv. Kuber Hooda

LawRatoPanchkula | 700+ Answers
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