Non delivery of physical possession
2 years ago
I’ve purchased a property in bank e auction which was in physical possession with the bank. The property has items of the previous tenants lying there.
Now bank is not delivering physica possession of the property to me and shifting the items even after full payment. What shall i do?
A.Dear Sir,
You may approach banking Ombudsman or police or Civil Court.
Helpful
Helpful
Share
A.Dear Client,
In these scenarios sometimes it takes adequate amount of time to process such physical possession, in case the aforesaid bank delays without any reasonable cause legal actions can be taken
Thank you
In these scenarios sometimes it takes adequate amount of time to process such physical possession, in case the aforesaid bank delays without any reasonable cause legal actions can be taken
Thank you
Helpful
Helpful
Share
A.Dear Client,
Please clarify what type and whose property it was because you said the property was of tenants not of owners in this case bank is not allowed you to give the items unless it was very specific mentioned in the details of the auction.
Thankyou
Please clarify what type and whose property it was because you said the property was of tenants not of owners in this case bank is not allowed you to give the items unless it was very specific mentioned in the details of the auction.
Thankyou
Helpful
Helpful
Share
A.Dear Client
Since you have got the property in the bank auction then it is the duty of the transferor which is the bank here to deliver you the physical possession. If they are not doing that then you can file a case for specific performance and get this done.
Since you have got the property in the bank auction then it is the duty of the transferor which is the bank here to deliver you the physical possession. If they are not doing that then you can file a case for specific performance and get this done.
Helpful
Helpful
Share
Jagannath S Pawar
Responded 2 years ago
A.Send the Bank Legal Notice for further necessary action warning of legal consequences. You have balance of convenience in your favour if you go legally against the Bank with legal remedies in appropriate forum. Thanks n regards
Helpful
Helpful
Share
Read Related Answers
Bank ke dwara 13 2 ka jawab nahi Dena
Dear Client,
According to Section 13(2) of SARFAESI Act, the borrower is required to repay the outstanding dues within 60 days from the date of the notice. If the borrower fails to comply with the not...
Money in account is put on hold by cyber cell
Dear Client,
When a cyber complaint is field on National Cyber Crime Reporting Portal (NCCRP) or in case of any police complaint, the Cyber Crime Cell directs the concerned bank to freeze the accounts...
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
Read Blogs on Banking
Banking Lawyers
Find Lawyers by Location
