Private Loan Firm Taking Unnecessary Steps

Dear Sir, You may lodge police complaint and ask them to file a civil suit. They cannot take the law in their hands as per recent Supreme Court Judgment.

court will ask you to give the amount before drt.

the nbfc has no right to misbehave with the borrower and you may file police complant but you need to to give them debt amount.

have they send u any notice of 13(2)??

Non-Payment of loan does not entitle any organization to misbehave with any person as such. You have many legal rights even after nonpayment of loans. For use of abuses on the phone, you should immediately file a police complaint against the Private Finance Company. This police complaint can be filed simply by calling 100 number also as it will initiate legal proceedings which are further required to be followed with police authorities. Private Finance Company is required to follow legal steps for recovery of any due and abusing customer is illegal under any circumstances.