I had taken a credit card from Standard chartered bank in 2001. There were some purchases made on that card for which I did not recieve any bill, however, I paid the amount in time to the best of my memory. At that time I was based in Pune.... The bank sent me a bill six months later which was for Approx. Rs. 8 - 10,000/- . when I called them they informed me that I had made a short payment of Rs. 1000 - 1200/- and the amount including fines is now 8000+ which I need to pay. I informed them that I can pay the actual amount and not the fine since I never recvd. the statements in time to which they were not ready to listen. The I moved from Pune to Delhi and after a year or two the bank guys started chasing me with a demand of Rs. 34000/-. I agreed to meet the recovery fellow in 2004 and he suggested me to settle and close the account. we agreed on a lumpsum and I paid him in cash and obtained a reciept for the same which I still have. This is a bank reciept with a logo & security seal on it. No one ever called me thereafter and I have taken multiple loans till last year. To my surprise I recieved a recovery call in Feb. 2013 from some Shah & Co. from Pune and they claimed that they have bought the credit recovery from standard chartered bank and I owe over Rs. 4 Lakhs (Rs. 400000 +) plus for non-payment of that dues. I explained them that I've already settled that A/C but they were very abusive. This continued for a month or so but then I could find out the bank reciept from my old docs. and shared with them a scanned copy of the same. Thereafter they did not bother me much except for one or two calls and a threatning Lok-adalat notice which I did not recieve. However, I recently applied for a car loan to SBI and they informed me that my CIBIL shows a pending credit card payment of approx. Rs. 4.25 Lakhs.Till I get my CIBIL cleared, I cannot get a loan. Pls. advise what to do.. If you want I can share the reciept scanned copy with you. pls. suggest a way out of this..... I'm not willing to compromise with the recovery company's undue demand.... whether I get a loan or not... Also advise what are the legal options available with me.
