Urgent Help: Legal notice received in the name of my Father for non repayment of Personal Loan of Assam Gramin Vikash Bank,

[Juganta]

My father took personal loan of xyz amount IDK from Assam Gramin Vikash bank
Before completion of repayment tenure he passed away on year 2010, Bank had filed a case against my father in the district court.

Today a Notice came in the name of my Father, asking him to report District Session Court on 09-03-2024.
Current due amount 18401+ Interest as per notice.

My Question is do i/we family merbers have to repay the loan amount?
Do i need to be present at the District court on mentioned date? while the notice is in the name of my father only who is no more alive
What should i do now?

 

[Vasuki]

So where do you spend ?

There is a full thread on this by @VISHESH_BANSAL . Go through

 

[Juganta]

So where do you spend ?

Cc bill pay

 

[prash1161]

Cc bill pay

I don't have cc
So does it makes sense you have that?

 

[Juganta]

Rbl dc sa indie mai load
Then indie sa wapas rbl
Easy pizy

As now now i am paying actual cc bill.

 

[Juganta]

Are you the real Arindom ?

Na bhai na....Humse ye galat kam nahi hota

 

[HumorSimpson]

Na bhai na....Humse ye galat kam nahi hota

You didn't receive any IT notice till now ?
or your earnings way above 1 Crore ?

 

[Juganta]

You didn't receive any IT notice till now ?
or your earnings way above 1 Crore ?

Bhai me Gareeb admi or kaha 1 crore,
My 95% CC spends are for others
IDK mera future me kab andhera (IT Notice) ajaye😢

 

[HumorSimpson]

Bhai me Gareeb admi or kaha 1 crore,
My 95% CC spends are for others
IDK mera future me kab andhera (IT Notice) ajaye😢

You are a dare devil. Since how long you have been doing ?

 

[Juganta]

You are a dare devil. Since how long you have been doing ?

Form 2023 i joined TF community, after that

 

[HumorSimpson]

Form 2023 i joined TF community, after that

April 2023 to March 2024 is the Financial year. So I presume you haven't completed the FY yet.

 

[sidp]

@DocFixIt @Juganta There is statute of limitations in every case. As @Bugs Bunny said it is 3years for civil cases like these.

You needn't pay anything for this. As this is not even in your name. But you have to appear before court otherwise court might give judgement in bank's favour.

You can settle before that and get a noc. Banks do partial settlement. You can few thousands and settle , if your opportunity cost is more than that. But if you plan to settle, get noc right away. If they say I ll give you paper tomorrow, say I'll give money tomorrow.

 

[Juganta]

April 2023 to March 2024 is the Financial year. So I presume you haven't completed the FY yet.

I have mentioned my previous ITR.