Legal Notice received by the bank on my property for non payment of six months
2 years ago
Received legal notice as to put on auction my property , Bank had not taken proper initiative to process my approval request of my EMI after moritoriam period in the last year 2020 due to my financial crisis. even though i have started paying EMI from last two months.
A.You have to reply to that Bank `s notice. Also, you better meet that Bank`s manger once to seek some time to you to regularise your loan.
Helpful
Helpful
Share
Ankur Goel @ Complete Law Shield
Responded 2 years ago
A.since you started paying EMI then its good.
send reply notice so they stop auction. this reply notice will help in DRT / HC to get relief if required.
send reply notice so they stop auction. this reply notice will help in DRT / HC to get relief if required.
Helpful
Helpful
Share
A.Hi,
You need to challenge the auction notice at DRT.
You need to challenge the auction notice at DRT.
Helpful
Helpful
Share
Ayantika Mondal @ Prime Legal
Responded 2 years ago
A.Hi,
You will have to approach DRT and challenge the auction notice.
You will have to approach DRT and challenge the auction notice.
Helpful
Helpful
Share
Pardeep Kumar Dhiman Dhiman
Responded 2 years ago
A.बैंक से सम्बंधित विवाद sarfasi act के अन्तर्गत आते है।इसके लिये अलग से DRT कोर्ट खुली है।वहां पर आप नीलामी से समन्धीत notice को चैलेंज कर सकते हैं।सिविल कोर्ट कोई क्ष्तेरधीकर नही है।
Helpful
Helpful
Share
Sidhaarth
Responded 2 years ago
A.Bank might have issued two notices under section 13 of SARFAESI Act before sending notice for auction. Under SARFAESI Act since civil court does not have power hence approach Debt recovery tribunal. Pendency of your proposal does not restrict bank from proceeding under SARFAESI Act.
Helpful
Helpful
Share
A.Dear Sir,
Please approach DRT / HC to get relief.
Please approach DRT / HC to get relief.
Helpful
Helpful
Share
Tanmoy Chattopadhyay
Responded 2 years ago
A.You may contact a local lawyer with all relevant papers and communication made by each one of you to one another who may then file a case either before the banking ombudsman or consumer protection or civil court depending on the exact level of relief that one seeks to get. In case you want to avail my service then get in touch with me with all above stated details.
#Banking
#freeLegalAdviceOnBanking
#Banking
#freeLegalAdviceOnBanking
Helpful
Helpful
Share
Read Related Answers
Online job fraud
Dear Client,
Please register a complaint with cyber security for online fraud and scam. Complaints can be reported through helpline number 1930 or on National Cybercrime Reporting Portal. Or you can a...
Loan
Dear Client,
A co-applicant/borrower is equally liable for repayment of the debt if the principal Borrower fails to repay it and if after exercising all the steps for recovery of debt against the Bor...
Compassionate appointment
Dear Client,
The SBI rules can not be breached. it could be the policy of the bank to not hire anyone. Please check with the rules and guidelines for heiring employees
Education Loan OTS
Dear Client,
Try to go to the online portal of the said bank and complaint about grievance through the same. it is advisable to repay the loan amount within the stipulated time or you may face seizur...
Sbi account put on stop by cyber security
Dear Sir/Madam,
Under the following provisions the Hon’ble Magistrate Court having ample powers to unfreeze the Bank accounts. Further, the Hon’ble Court has vast powers to hand over the properties/v...
Read Blogs on Banking
Banking Lawyers
Find Lawyers by Location
