Dear Sir,
I am a citizen of USA now and living in US. I have been supporting my parents finanacially well since I started working from 1994. My father has never been supporting the family in any way since I know him. He is one those typicall irresponsible fathers of India. Now, instead of sitting at home and scraching his butt with the money I send, he has taken a loan of Rs. 3,00,000 from his account with a private bank. God only knows what he did with that money. He didn't give even single paise to any of my family members including his grand kids. The stupid bankers approved this loan for him based on the money Rs. 15,000 gets deposited every month to his account by me. He has now paid back around Rs. 1,20,000 from the money I have been sending. But, I stopped sending money to his account the moment I unearthed his stupid fraud. So, he has not paid his dues to the bank more than a year. Now, the bank is threatening him with legal action. He is 80 years old now. My question is how am I liable to this debt? And to what extent the bank can go against my stupid father?
Thanks and looking forward to your response.
Nagi.
