My Sister in law had taken chit fund for rs. 25 lacs at indirangar Chit fund in bangalore.. My husband and I and 2 of my relatives put surety..My SIL paid rs. 19 lac when she took prize amount after that she became defaulter... Now the chit fund people are threading us they are going file a criminal case on me( as I am public sector employee) and my husband along with the defaulter...
How can I get out it legally..whether this case will affect my carrier and my CBILE score?
If the chit fund company file the case against me, what will happen?
There is a company-owned rental (pagdi system) flat (Approx area 1800 sqft carpet). The rental receipt and electricity bill are on the company's name. The families of the two main partners( Real Brothers) used to reside in the above mentioned flat. One family migrated to the native home due to ill health of one of the family member. Recently a builder approached the landlord and acquired the whole building for the redevelopment of this premises under Mumbai delipidated building law and asked every tenant to submit relevant documents to prove their tenantship right. The brother residing in the flat is discussing with the builder to claim the whole flat for himself. My father (his brother) approached the builder with all facts about this flat and ask him to not deal with the residing family alone. More than two months have passed and we have not received a reply from the builder. Please us how to handle this matter.
Chit fund amount not repaid
Hi,
we have been putting the money in local chit fund company from past 12 years and a lady was running this business, she was introduced to us by one of our neighbours.There was a new chit started in the year Jan 2016 for the amount of 1 lac and completed in the year Aug 2017.but we havent received the amount till now.its been one and half year since im making rounds to them for my hard earned money. In between they have changed their house and not lifting my calls. the only means is their shop located nearby, whenever i go to their shop and ask for money they threaten us by saying they will complain agaist us as we are creating nuisance in front of shop and takes video. she outrightly saying that she will not give the money.The only proof i have is a small note book of monthly installements with their sign and a few audio recordings of our conversation.
please could someone suggest what can i do in this regard?