My father have opened an OD account with SBT and have some pending arrears (INR 32000) from 2007. I was not related to this account in anyway. I never signed any documents either at the time of opening or running the account. But I had an education loan with the same bank and with that particulars, they have filed a CIBIL suit against me and it now appears in my CIR.
When we approached the bank seeking clarification, we were told that "Bank have all rights to sue any of the family members of the defaulter, even if they are not the actual account holders". Is it legal from the bank's end to file a suit against me and make me as a defaulter for any loan taken by my father? Now actually this loan suit i appearing in both my father's and my CIR.
I reiterate that "I have never signed any documents and I'am not related to that account in any way". That was an individual current account opened by my father in the name of his company. I' am not even a partner/stake holder of my father's company in any way.
