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Home Cooperative Queries

Problem with Punjab Co-op Bank

Mr. I C Naik by Mr. I C Naik
January 28, 2015
in Cooperative Queries
0
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Kushal Goyal

Sir, I have a problem with Punjab Co-op Bank.

I have a rice mill which was set up in1996.My mother takes care of the business with a share of 50%. They took a loan by pledging Rice Mill Land from the Coop Bank In 2003.

After wards Both My Mom And her partner say ABC Got Disputed And Account Limit Of Rs 4.5Lacs Is Intruptted Due To Firm Crisis. On That Time Mutation Is Done Only In Bank Papers But Not In Tehsil Office And ABC Sold Share To BABLI In 2008. Land Is Clear Due To Bank Improper Service.

ABC Got Died Just After Sale No Letter Received From Bank Of NPA Or Else From 2004 To Till Date. Now BABLI Also Got Died In 2013. His Son Sale Share To XYZ Now In 2014 Ends Bank Got Active ANd They Forcing Us To Pay Unlimited Amount Sometime. She Says 30 Lacs  Sometims 40 Lacs. No Written Statement They Give To Us Every Time.

They Say  I Have All The Power To Arrest You Now Only My Mother Have To Pay All The Loan Because On The Time Of Disbursement my Mother had Power Of Attorney From ABC.

Please tell Who Is Liable T Pay Shall IHave To Pay 50% Or Full \.Or XYZ Is Laible T Pay 50%.They Charging Too Much You Expect 4.5Lacs To 40 Lacs In Ten Years How Its Possible They All Are Uneducated Peoples Just Forcing And Harrasing A Lotss To Us Please help Us….

I C Naik

NO DEPENDABLE GUIDANCE ON SUCH COMPLEX ISSUES IS POSSIBLE WITH TRACES OF INFORMATION SUPPLIED BY YOU.

Please present facts before a good HIGH COURT Advocate who will design a strategy to fight such a case.

Tags: bankbusinessflathigh courtPunjab Co-op Bank
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