My loan case is in arbitration, and I’m responding to notices and will attend the hearing. Can the NBFC’s recovery agents or legal team still visit my office or home, or call me for recovery?

Apni Law
Apni Law
Law Forum › Category: Banking / Finance › My loan case is in arbitration, and I’m responding to notices and will attend the hearing. Can the NBFC’s recovery agents or legal team still visit my office or home, or call me for recovery?
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Apni Law Staff asked 3 years ago

My loan case is in arbitration, and I’m responding to notices and will attend the hearing. Can the NBFC’s recovery agents or legal team still visit my office or home, or call me for recovery?

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Best Answer

Apni Law Staff answered 3 years ago

Under Indian law, while your loan case is in arbitration, the NBFC’s recovery agents or legal team can still contact you regarding the loan, but they cannot resort to harassment or intimidation. They can visit your office or home, but only for the purpose of serving notices or arranging a meeting for discussion.

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