• Whether Limitation Act applicable on PMRY loan recovery cases?

Availed a loan of Rs.82000/- under PMRY and paid 17000/-/ Balance amt + intrest (Total 76000/-)was written off in Oct2008. Unknowingly I paid 7500/- in 2009 as was not aware of written off status. My current condition is not good, I orally offered 35000 the best but they insist on 70000. The recovery persons are now harassing for court action. Kindly advice on the applicability of Limitation Act in this case. Thanks
Asked 2 years ago in Civil Law from Bhopal, Madhya Pradesh
claim is barred by limitation . if recovery persons harass you lodge police complaint against them
Ajay Sethi
Advocate, Mumbai
24806 Answers
1331 Consultations
5.0 on 5.0
1. The claim has already become time barred,

2. Ask the recivery agent to go to Court,

3. If they still disturb you, lodge a police complaint.
Krishna Kishore Ganguly
Advocate, Kolkata
12723 Answers
262 Consultations
5.0 on 5.0

Ask a Lawyer

Get legal answers from top-rated lawyers in 1 hour. It's quick, easy, and anonymous!
Ask a Lawyer

Civil Lawyers

T Kalaiselvan
Advocate, Vellore
15325 Answers
140 Consultations
5.0 on 5.0
Ajay Sethi
Advocate, Mumbai
24806 Answers
1331 Consultations
5.0 on 5.0
Ashish Davessar
Advocate, Jaipur
18862 Answers
472 Consultations
5.0 on 5.0
Krishna Kishore Ganguly
Advocate, Kolkata
12723 Answers
262 Consultations
5.0 on 5.0
Nadeem Qureshi
Advocate, New Delhi
3639 Answers
138 Consultations
4.9 on 5.0
Shivendra Pratap Singh
Advocate, Lucknow
2895 Answers
44 Consultations
4.9 on 5.0
Atulay Nehra
Advocate, Noida
526 Answers
18 Consultations
4.7 on 5.0
Rajgopalan Sripathi
Advocate, Hyderabad
916 Answers
55 Consultations
5.0 on 5.0
Ajay N S
Advocate, Ernakulam
1955 Answers
19 Consultations
5.0 on 5.0
Thresiamma G. Mathew
Advocate, Mumbai
1323 Answers
89 Consultations
5.0 on 5.0