Jishu Jana
3 years ago
Bank gave me 13(2) notice under SARFAESI ACT on 01/07/2019 & I paid the overdue amount of home loan within 30 days. Today bank send me possession notice, with reference to the old SARFAESI notice to discharge the full amount. What to do now ?
A.Dear Sir,
You may immediately approach High Court or Debt Recovery Tribunal.
You may immediately approach High Court or Debt Recovery Tribunal.
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Ankur Goel @ Complete Law Shield
Responded 3 years ago
A.you paid complete amount or made settlement ?
since home loan then paid full amount only.
did you took NoC from bank ?
you took home papers back ?
approach the bank and ask for NoC and original papers back.
Hope this clarifies,
Advocate Ankur Goel (Complete Law Shield)
#YourLifeYourChoice
since home loan then paid full amount only.
did you took NoC from bank ?
you took home papers back ?
approach the bank and ask for NoC and original papers back.
Hope this clarifies,
Advocate Ankur Goel (Complete Law Shield)
#YourLifeYourChoice
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Ayantika Mondal @ Prime Legal
Responded 3 years ago
A.Hi,
the notice served under section -13(2) demands full payment to the dues and not in parts.
you have to pay the dues. What you can do is
1. ask for some time to clear your dues
2. talk to the bank manager and try resolving this matter.
the notice served under section -13(2) demands full payment to the dues and not in parts.
you have to pay the dues. What you can do is
1. ask for some time to clear your dues
2. talk to the bank manager and try resolving this matter.
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A.Hi,
go to your bank manager and try to resolve the matter amicably.
since the notice given to you demands full payment to the amount, you had to pay it fully and not in installments.
you can ask for some time for the payment of the dues.
go to your bank manager and try to resolve the matter amicably.
since the notice given to you demands full payment to the amount, you had to pay it fully and not in installments.
you can ask for some time for the payment of the dues.
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Jagannath S Pawar
Responded 3 years ago
A.You would have to challenge the concerned Notice as the same is not valid as far as the dues are completely paid
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Jagannath S Pawar
Responded 3 years ago
A.You can contest the Notice and get relief from concerned authorities also if u r compelled to do so
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sanjay panda
Responded 3 years ago
A.Dear client
Once notice issued under sec 13(2) it is for full loan recalled amount. So no part payment can stop further proceeding unless mou signed by both party.
However if you have received possesion notice you visit your bank and arrange for MOU after negotiable amount paid else you need to take help of DRT to get relief .
Once notice issued under sec 13(2) it is for full loan recalled amount. So no part payment can stop further proceeding unless mou signed by both party.
However if you have received possesion notice you visit your bank and arrange for MOU after negotiable amount paid else you need to take help of DRT to get relief .
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