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Mahesh (Supervisor)     26 June 2012

Default personal loan and credit card payment due to job ter

 

            I would like to seek advice .one of my friend was worked with me in Dubai. When he was here he took personal loan and credit card from dubai bank around 200k uae dhrams (RS 25 lks)  after few month he was terminated job from company by some reason now he is in India. He is unable to pay his dues as well He cannot come back to uae to repay due amount because the bank put him in black list/ entry ban to uae.  The banks and some agencies are keep on calling him to settle the amount. He is unable to settle. In this case what is your advice.Is there any legal action they may take against him. some time he saying he boring of his life. plz help out 

Regards,

mahesh 



Learning

 5 Replies

SAINATH DEVALLA (LEGAL CONSULTANT)     26 June 2012

I pressume he has no intentions of going back to UAE,hence to keep mum to the liabilities is the best thing to do.Ask him to change his contact numbers.Please check with him whether he has endorsed his permenant addresses or other contacts in UAE.

Mahesh (Supervisor)     26 June 2012

 

Dear Sir, thanks for your advice,

He has given permanent address as passport he stay in rural area. is there any legal action they may take against him,

SAINATH DEVALLA (LEGAL CONSULTANT)     26 June 2012

Let him not bother much about his liabiities abroad.There are bigger sharks and he is a little fish in the ocean.

Ajit Singh Cheema (practising Advocate)     26 June 2012

Those who lend such huge amount to individuals , also know how to recover it. Illegal and unethical practice neither appreciated nor recommended.

SAINATH DEVALLA (LEGAL CONSULTANT)     26 June 2012

Ajitji,

I am not supporting the defaulter,ofcourse it is unethical as a human being.He is overdue by 25 lakhs,and he will not clear it in his lifetime even he has a crore of rupees at his disposal.


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