My bank sent a letter to my society saying I’m behind on my loan payments, but I’ve been making them on time. Can I sue them for damaging my reputation?

Apni Law
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Law Forum › Category: Banking / Finance › My bank sent a letter to my society saying I’m behind on my loan payments, but I’ve been making them on time. Can I sue them for damaging my reputation?
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Apni Law Staff asked 3 months ago

My bank sent a letter to my society saying I’m behind on my loan payments, but I’ve been making them on time. Can I sue them for damaging my reputation?

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Best Answer

Apni Law Staff answered 3 months ago

Indian law generally protects individuals from defamation. If your bank’s letter falsely claimed you were delinquent on loan payments, and this caused damage to your reputation, you could potentially sue them for defamation. However, you would need to demonstrate that the statement was false and caused you harm.

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