Multiple Bank Loans Availed By A Known Person On My Ids | Vkeel - Free Legal Advice

****s

New Delhi

I had a partnership firm with my friends from which I exited on 16th Aug 2018. I have the dissolution deed of the same with me (signed by the notary). A few days ago, I checked my CIBIL credit report and found out that 3 business loans and 2 personal loans are active on my pan card of different banks and the status is showing as Joint. The loan disbursement date on most of them is 30th Aug 2018 i.e after the date of dissolution deed. I went to check for one of the loan details at a bank branch nearby and got to know that the loan is active and is disbursed on the name of the partnership firm but they refused to share any more information. I tried at other banks too but no one is sharing any documents related to the loans with me. Since I had never signed on the application forms of these loan ever, I wish to check the loan application files. Please let me know how can I do that and If my signatures are bogus (done deliberately by someone else), then what is the legal action I can take

Expert's Answers(2)

Advocate J L Naagar
Jalandhar, Punjab

169 Client Ratings

Try to avail the information about the Loan accounts from the Banks under Right To Information Act being Your active involvement. Then get a legal notice served upon the Bank and also upon the Partnership Firm Which wherefrom you retired. If didn't get the satisfactory reply then approach the Banking Ombudsman or Civil Court against the existing partners and the Banks. You also have an option to approach the Police against the existing partners who played the fraud with You and Bank as well by concealing the facts while applying for loan. Matter will be solved and your liability will be absolved. Please give me Rank Five and follow me after reviewing my resume and book a consultation for further discussion and explanation if required.

January 24, 2021
Advocate Anik
Bengaluru, Karnataka

66 Client Ratings

Hi, File a complaint with the police for forgery, fraud and cheating under Sections 415, 420 and 464 IPC. Contact the bank, as the loans are in your name, serve them with legal notice to reveal the details of such loans. If you found this helpful, please rate us.

January 23, 2021