[Resolved]  Shaha Finlease — settled twice

I had a standard chartered cc with card no – [protected], we have settled the account on 15th april 2002 ref – scb/hyd/2k2/04/72 receipts already sent to them in mail. As per that agreement we have paid the amount (Receipts available) also attaching the cumulative receipt.

There was lawyer notice issued to me by standard chartered bank through m. V kini & co. Advocates & solicitors on[protected]Ref – mvk/scb/concil/1095/2003) which was duly replied by my lawyer bala krishna on[protected] which was taken up in lok adalat hyderabad. Me along with my lawyers attended the case where judge has clearly asked m. V kini & co advocates if the settlement amount has been received by their client and the advocates have agreed and judge closed the case saying the amount it met and there is no case. After which there was absolute no communication from standard chartered or from m. V kini & co on the same.

Again in 2016 almost 13 years later we receive a call from shaha finlease company asking me to pay 1, 34, 25, 052 / rupees and threatened me of court cases with regular phone calls, i was retired and was leading a peaceful life dint want to go through this ordeal so agreed to again pay the settle the account of 37, 000 which was paid as agreed as on[protected] receipts attached. Shaha finlease even after paying they have not closed the account and have not updated cibil as well, most pathetic thing when i found about the cibil and called shaha their representative said pay 53, 000 and settle the account. I seriously do not understand all these twisted statements. I have gathered all the receipts and mailed shaha about the settlement of the account with them after which they have provided me the settlement certificate.

When the account was settled by standard chartered bank in 2n why the same has been transferred to shaha finlease company in 2010 (Attached the scanned copy)?
How many times the same account will be settled?
Even after the settlement why the certificate was not issued?
Why the settlements are not updated with cibil?

I called standard chartered they are pushing to shaha and shaha pushing it to standard.
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Jun 12, 2018
Complaint marked as Resolved 
Shaha Finlease customer support has been notified about the posted complaint.
Verified Support
May 10, 2018
Shaha Finlease Customer Care's response
Dear Customer,

Thank you for writing to us.

we wish to inform you that your SCB card is updated in CIBIL as " Post Written Off Settled" on 20th April 2018.

As per the settlement plan the agreed amount is not received as per the letter in 2002 due to which the settlement letter is considered as invalid.

Thanks and Regards
Customer Service
Shaha Finlease Pvt Ltd
[protected]
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