Legal support for loans

Oct 03, 2025 233 views 2 answers
138 ni act Cheque Bounce
Anonymous
Oct 03, 2025
138 ni act Cheque Bounce
► Loans Emi relief from court
233 views
2 answers

2 Answers

Oct 10, 2025

Dear Sir,

Courts Generally Don’t Cancel or Waive EMIs

There is no automatic right to stop paying EMIs through a court order.
But, courts can grant temporary relief in certain exceptional situations, such as:

Genuine financial hardship (job loss, medical emergency, disaster, etc.)

Unfair or illegal actions by the bank/NBFC (e.g., wrong interest rate, premature auction, harassment)

Pending restructuring request ignored by the bank

Natural calamities, pandemic-like events, or government-mandated moratoriums

Oct 05, 2025

Dear Sir, as per your query,

 

You need to provide the entire details of your case so that our OLQ Team can guide you through proper consultation. 

 

For further clarification, feel free to contact our OLQ Team for a detailed discussion. 

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