Credit card

Querist : Anonymous (Querist) 17 February 2011 This query is : Resolved
I got the mail from Shaha Finlease Pvt Ltd. as under,

" This is in reference to outstanding dues under Credit Card no xxxxxxxxxxxxxxxx issued by Standard Chartered Bank. Vide deed of assignment dated 9th Feb, 2010, Standard Chartered Bank has sold, transferred and assigned all its right, title and interest in all the amounts due and payable by you under the above Loan No in favour of Shaha Finlease Pvt Ltd. An intimation letter / notice to this effect has been sent by Standard Chartered Bank to your address appearing on the records of Standard Chartered Bank.

We find that the amount outstanding under the above Credit Card is Rs- 226245.01/-
You are requested to pay the same at the earliest to Shaha Finlease Pvt Ltd."

on 11/02/2010 i received mail from SCB as under

"This is with reference to the above mentioned card accounts,

Please note that we have not received any payment towards your credit card since 05/04/06

We wish to inform you that the total outstanding on the said cards as on date is INR 199,410.44

The above payment is currently over due you are requested to make an immediate payment.

Please note that your payment should reach us before 20/02/10
to avoid any legal action.

Failure to do the same will be considered an intentional default."

I have following question,

Do i need to pay the due as before that there is no message to me what SCB from 2006 & suddenly what awake & awake such a big amount.

I heard that the credit card payment old than 3 years are cleared by RBI under bad dept.

IN 2009 i have applied for loan but it is rejected on the basis of cibil report. then i wrote to all bank to give me any pending detals giving my all details. I haven't got any details any bank that time

After some time Cibil report made avalible to individual person so i collected the same. As per report that there was pending amount for credit card of three banks like HSBC, HDFC & SBI i cleared all the due & have no outstanding letter from them. But SCB not there but in FEB 2010 i got the mail as given above but i thought it is some spam mail but now again i got the mail from Shaha Finlease Pvt Ltd.

Please guide me what should i do.

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