Rangee Suresh Kumar Singh (1 Points)
20 October 2021Dear Experets,
Good evening. I am lawyer and consultant under SARFEASI law, my client has taken loan for Rs.15,00 crores for purchase of buses and business development. His is partnership firm He has purchased BUSES BS IV knowing well they may not registered and now bank is proposing to take criminal action by complaint to CBI how should he defend not be willful defaulter and fraudster..
Singh
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(108655 Points)
Replied 21 October 2021
On a light note, we would like to defend bank rather than loan defaulter. You may put query on LCI.
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