Fast Tracking a Case against an NBFC regarding Obstruction to Transfer the Existing Loan
I have an existing loan (against property) from an NBFC.
And, due to dissatisfaction with the lender's service, I am interested to transfer the loan to another institution.
However, I am told by various institutions that for transferring the loan I need to have the L(ist). O(f). D(ocuments). and the Account Statement clearly mentioning the outstanding principal.
As such, my repeated communications to the lender failed, as it maintained radio silence on the matter.
I served a legal notice (not only due to obstruction of the loan transfer but pointing out to many other issues, too) to the lender through my lawyer nearly fifty-four (54) days ago.
The notice, however, did not create any seeming impact on the lender, as it still not has responded.
Upon requesting my (New Delhi-based) lawyer about fast-tracking the case, she has now been saying that I need to contact a local lawyer (I belong to Calcutta), as it would be 'expensive' for me to seek her assistance in litigating the matter in Calcutta.
Based on the above-mentioned development, my questions are:
A) What could be my next possible move to fast track the case (my existing lawyer never elaborated on this aspect despite numerous queries from my side)?
And,
B) What would be your fees (if possible to mention that here) in appearing on behalf of me, drafting any further notices/ letters etc?
Regards.
P.S. Please consider this case as an emergency, which requires to be addressed without any further delay.
Asked 3 years ago in Consumer Law
As a follow-up to my already posted question, I would like to share a few further details, as below:
That already sent legal notice sought (among a few other issues)
A) Compensation from the lender on the ground/s of "mental agony, torture, physical harassment, loss of peace of mind and threat to life and property of our Client",
B) Restructuring of the loan product and altering the relevant E.M.I. amount (as the E.M.I., which the lender charged me for approximately the first five months even without offering me the agreed-upon loan amount on which that E.M.I amount was based on).
C) And, that legal notice demanded all these be complied by the fifteen days upon receiving the notice.
In the existing scenario of non-response from the lender after fifty-odd days since receiving the legal notice, I feel that probably the lender (and its legal team) is a tough nut to crack. As such, moving solely by myself to any legal platform, as I feel, would not offer any greater (or even strategic importance) to my cause.
Therefore, I have been aiming for counsel to represent me.
Importantly, the legal notice was also sent to the '[deleted]'. And, I have not heard anything from this section, as well.
As I already mentioned in my primary question, if any one of you feel interested to take the matter up for me, then please do offer an approximate range (if it is permissible on this platform) of your legal fees for consultation, appearance, drafting the letter etc.
It would be unrealistic for me to choose the "Talk to Advocate" option for all of you to have an idea about the legal fees.
However, if you advise focusing on the immediate priority of 'transferring the loan' and 'accessing the LOD and the SOA' first from the lender and leaving the 'rest of the legal notice' for the time being, then also would that complaint be constituted of legal phrases?
Or, any generic text would serve the purpose?
Regards, as always.
Asked 3 years ago
