LAWyersclubindia LCI
Login  Register
LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

foreclosure charges on cash credit account

Querist : Anonymous (Querist) 07 April 2011 This query is : Resolved 
Whether a Bank can levy foreclosure charges in respect of a CC account?
Report Abuse
Parthasarathi Loganathan (Expert) 07 April 2011
Since Cash Credit is a fund based loan, foreclosure charges are permitted.

Previous
Next

You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :



Ask Query
Unanswered Queries

Laws Follow us





Browse by Category

Stay updated with latest Posts!