Issued cheque with other name as security 7 year back

Raj (Querist) 07 August 2016 This query is : Resolved
I issued cheque as security 7 year back and attached a pan card with other name but with my pic against a loan of 680000 . I repaid 330000 but now unable to pay more . Lender treating me for police case. What to do

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Guest (Expert) 07 August 2016
Nothing to do in an academic query.

No guess can be made unless you make clear, for what offence the lender is going to treat you for police case?

Otherwise, for the present, you don't have any problem. Come forward only when the lender takes any action against you.

adv.bharat @ PUNE (Expert) 07 August 2016
Author need to explain the query raised by expert.

R.K Nanda (Expert) 08 August 2016
Academic query.

Rajendra K Goyal (Expert) 08 August 2016
You have taken loan and liable to repay with interest.

Nothing can be advised without details of the complaint.

P. Venu (Expert) 08 August 2016
Please furnish the material fact.

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