non charging of interest on loan by a nbfc company
This query is : Resolved
KAVITA GARG
(Querist)
12 May 2010
tell me the case relation to NBFC company for non charging of interest on loan given by it and now case is in process
12 May 2010
Please add also it above query.
Whether in this case, the person who got Interest free loan can also be liable for any inquiry or proceedings. Can it's case also be open ?
Whether in this case, the person who got Interest free loan can also be liable for any inquiry or proceedings. Can it's case also be open ?
KAVITA GARG
(Querist)
12 May 2010
no not such type of any proceeding can be ,but we have asked to the commissioner that the loan receiver is not in condition so that can pay interest but they are not agree at this point now we have appealed in tribunal
12 May 2010
We have entered in same tranaction in current year. what type of doucments at Loan Reciever end we should have for future use.
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