Need help in settlement of your credit card dues or personal loans?
Facts of the case: The plaintiff was engaged in the business of printing and desired to purchase a commercial vehicle under hypothecation from the bank. Plaintiff had furnished relevant document in order to get a loan for the vehicle (Tavera) which was worth Rs.7,68,000/- The defendant asked the plaintiff for a payment of Rs.40,000/- which […]
Facts of the case: The petitioner, Debanjana Debarman, had purchased a car on Hire Purchase Agreement from ONGC Colony Branch of State Bank of India. ONGC Branch of SBI agreed to finance the petitioner with Rs. 2,40,000/- which were to be paid in 72 instalments of Rs. 4.501/- each. During that time, the petitioner’s husband […]
Facts of the case: The respondent, Mrs. Shanti Devi Sharma, alleged that on 29.11.2005, two recovery agents (referred to as ‘goons’) forcibly entered her son’s bedroom and harassed him to pay the loans that were due on his vehicle (two-wheeler) and personal loan. She further stated that these ‘goons’ had repossessed the vehicle in the […]
Facts of the case: This case took place in Ernakulam, Kerala. The petitioner, Mrs. Alphonsa Johny, had borrowed a car loan of Rs.4,65,000/- from the respondent, Mahindra & Mahindra Financial Services Ltd to help set up a business for her son. Due to set back in business, she had not paid Rs. 22,500/- of the […]
Facts of the case: The petitioner, Harinder Singh borrowed a loan of Rs.19,17,997/- from IndusInd Bank (Respondent) to purchase one Tip-Trailer from Ashok Leyland. The loan amount was to be repaid in 60 equal monthly installments (EMI’s) of Rs.45,700 each from June, 2016. The Bank had called for an arbitration proceeding in November, 2017. There […]
CASE SUMMARY: In the above case Sri B.V.S.P Choudary who claimed to be the president of All India Credit Card Members Association, A.P. Unit, Hyderabad sent a telegram dated 16.3.2007 stating that Prof. C.L.N. Murthy who is a Scientist at IICT, Uppal Hyderabad was detained by the HDFC Bank recovery agents and the Police Station […]
Need help in settlement of your credit card dues or personal loans?
