Dear All,
I am an IT professional took a personal loan from ICICI Bank during the period 2005 from Chennai. I was repaying that regularly. But in later stage, due to some unfortunate things happened to my life and my financial situation was very bad, I was not able to finish the loan repayment properly. There was Rs 31038 was pending to repay at that time. I have conveyed this to the bank and requested for some more time to complete the repayment. But they have not listen to me and initiated the action through Hon'ble High Court of Chennai. Finally through Lok Adalat at Hon'ble High Court of Chennai, it was decided to settle the case by pay the amount Rs 25000 and I have made the payment of Rs 10000 in front of Hon'ble High Court and gave the Checque for Rs15000 (The checque also cleared on the date specified ) . The Hon'ble Court issued the verdict that the case about this loan is settled and there should not be any more further proceedings regarding this loan. But the bank did not issue the NOC till now and I was requesting for that for the last 5 years. Instead of this, during these period, the collections agencies of Bank was continously calling me and asking me to repay the amount of 31000. I have informed them several time that it was already settled in at Hon'ble court and even send the copy of the verdict once to the bank. They were not listening to that and now they have initiated the legal proceeding again against me and send a legal notice that they are going to publish my photo and details in news and media.
Please advice me what should I do in this situation .?
Thank you for your time to read my concern.
Ashok
