Banking

3 years ago

Dear Sir.
Beg you kindly advise me following is the very dangerous issues.
I am so and so was worked as officer marketing & recovery in state bank of India and suspendered & issued charged sheet as official failed to ensure extension of equitable mortgage nearly 10 accounts Rs.22 .00 lakh. But only 2 accounts out of 10 accounts not done equitable mortgage due to heavy work, as per role and responsibilities, creation of equitable mortgage is not my duty . This act of negligence part of official jeopardized bank’s position to recover the dues from the borrower. This is the charge.
The bank put hold on borrower savings accounts to stop traxanction. Then borrower approached high court madras and filed write No. 5531/2017 to release hold. As per judgment order dt.22.01.2020, Rs.27, 62,341/- full secured as on 31.12.2019 in respect of various loan accounts wherein the petitioner either stood as a borrower or as a guarantor. So I confirm that per judgment it’s not jeopardized bank’s position to recover from bank and it is recoverable dues. No loss to the bank.


My question is No.1. that I have been transferred from the branch on 26.07.2012 but as per judgment, borrower executed equitable mortgage on 2013 for two loans after my transfer. So it confirms that after my transfer all documents are available in the branch as on 2013 related to outstanding of borrower and his family loans Rs.27, 62,341/.

My queston No.2. That all properties related to outstanding of borrower and his family property sold to another party on 2017 without closing all loans in the bank after my suspension 30.03.2017 . This all details not disclosed in the judgment order dt.22.01.2020 write No.5531/2017 by both side either petitioner (borrower) nor responded (bank) and also not disclosed all this details in my charge sheet also, blamed me jeopardized position to recover. It confirms that after my transfer all property is available in the bank as per judgment.

My question No.3. That how can I initiate legal action to arrest borrower and his family member for reason that the property sold to third party without closing loans in the bank and as well as against bank employer on the ground document released without closing loans.

My question No.4 that where I have to approach to initiate legal action either to complaint CBI Chennai nor any other forum is available handling this issues before filing write in court. Kindly advise me please.

My question No.5. If your advice is to complain to some forum, what are all the documents to be enclosed along with complaint copy?