Credit card payment settlement and Cibil rating
Dear Sir,
I had Standard Chartered Credit Card in the year 2000 and due to some charges dispute, I had not paid due amount for 4-5 months. Later on one recovery person came to my office and the amount was settled in Rs. 25000 and I had issued issued six cheques out of which last cheque was bounced due to insufficient fund in my bank account. They informed over phone about the bounced cheque, I deposited money in my bank account and subsequently the cheque was cleared.
The pay settlement was done in April'2001 and last cheque was cleared in October 2001.
In 2016, I had applied for home loan. The bank told me that you Cibil rating is poor. When I saw the cibil report, I found that Standard Chartered credit card due payment was mentioned as 26 lacs 20 thousand but it was mentioned as written off. I approached to Cibil authority and wrote them that the standard chartered matter was settled in 2001 therefore please correct the cibil report.
The Cibil authority wrote to the Standard Chartered and Standard charted replied that the settlement was null and void because of one bounce cheque clearance after after settlement period.
In reply of Standard Chartered mail, there was mentioned phone number for assistance. I spoke on the provided phone number and the Standard Chartered person told me to pay Rs. 32000 as final amount then they will write to Cibil to amend the report. I denied to pay any amount. This incident is of year 2016.
Again I checked my Cibil report 2 days back and found that Standard Chartered amount of Rs. 26 lacs 20 thousand was already there in Cibil report. The update date was mentioned as 28 Feb 2018 and Status was Suit Filed (wilful default and written off) where as the previous commented was only written -off.
Please advise me what should I do to clear all these things and what is meaning of current status Suit Filed (wilful default and written off).
Regards
Rajesh Maurya
Asked 6 years ago in Civil Law
Sir,
I had tried searching settlement papers & receipt but could not find.
I have details of the cheques issued to Standard Chartered and bank statement showing all cheques were cleared.
I have few email correspondence of 2016 with Standard Chartered. In this correspondence, I had requested them to submit correct information to the Cibil authority.
The Standard Chartered wrote me your last cheque was bounced in Sept2001 and it was cleared in Oct,2001. Hence, settlement terms were not complied by you.
If they have initiated any legal proceedings then they may have mentioned my old address in the suit. In such case, the legal notice and summon may not reach to me. As well as in mail correspondence, I have mentioned my present address but yet I have not received any notice or summon.
If I don't appear before court because I am unaware about the case and court, then Court may order ex-party proceedings.
How should I know the exact information about legal case status and court?
Or should I approach to the bank ombudsman?
Asked 6 years ago