| Address: Mumbai City, Maharashtra, 400080 |
They filed a case against me for bounced check, which was a wrong case.
First, the fault was from my side as the earlier account did not have any funds, the 1st EMI did not clear (I had not issued any checks as it was an EMI card and I had purchased a LCD TV before).
So I paid them in cash and got a receipt, issued a fresh EMI mandate along with the first EMI bounce plus the dues which was EMI of 1184 plus the charges of 400 Rs, I paid 1584 Rs.
I issued a fresh mandate with another account. This apparently did not clear due to them presenting the check late than the due date, and I had to pay them once again, which I did through cash, Rs. 1184 (remember here there was no check bounce as I had issued a canceled check and an EMI mandate).
I spoke to an official and told them since it was not my fault, I would not pay the Rs 400 they are claiming for my EMI bounce, they said okay you do not need to pay the additional Rs. 400 for EMI not getting cleared, only to pay the EMI amount of Rs 1184 which I did.
All the 10 subsequent EMIs cleared and the account was closed.
Then one fine day after around 3-4 months since the account was closed, I got a call for payment of Rs. 700 for "bounced" check. I had never issued any check to be bounced, it was their fault that they presented the fresh EMI mandate later than usual as apparently according to them an EMI mandate takes 45 days to register
...Are they registering the EMIs in the USA from India...??? What the heck...!!!
And now they file a court case through Delhi High court and I have to pay the Rs. 700 or feel like a criminal because these guys take 45 days for an EMI mandate, and it is not my fault
Where am I living...Is this a country which is heading towards E-governance...taking 45 days for an EMI mandate?
I feel helpless in all this as not only are we simple, law abiding citizens, but also are filling up the coffers of these companies who would go to any length to screw your lives up.
Make it a rule...DO NOT GO FOR LOANS...If you have money, purchase...**** the economy, **** the companies
When the companies are bankrupt, they just file a case for bankruptcy and the Govt bails them out or somebody bails them out...but if an individual is bankrupt, they will extract your bones from your coffins and sell them to get their dues...