Dear Group members,
One of my friend took home loan from ICICI which due to poor fortune went into delayed payment. Recently my friend received notice from ARCIL ( Assett Re Construction Of INDIA ltd. ). The parent lending ICICI has ignored to serve due notices under compliance of securitisation act. Can we ask through RTI act at what consideration the loan has been assigned to ARCIL and other appropriate remedies to protect house and take moratorium in loan repayment schedule. Actual loan amount - Rs 8.03 lacs and repayment amount demanded - Rs 11.16 lacs.
best regards
Ashish
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