Sir, I took a home loan of 30 lacs in 2007 in B'lore(to be paid in 15 yrs), & i paid d Emi's regularly till 2009. but due 2 recession i was not able 2 pay the Emi's 4 which the financier has filed a cheque bounce case for 30 lacs, in B'lore court, and subsequently an Arbitration case also is filed in New Delhi. (The place of transaction is B'lore)
Now pl let me know whether the financier can file two different cases in two different places on the same subject? and can the financier claim the Principle amount without claiming the pending Emi's? And what action should i take now, bcoz i cant travel to delhi every now and then, even though i'm attending the Delhi case since one year.