Even after the DRT judgement payment not done to the bank Even after the DRT judgement payment not done to the bank

1 year ago

I had won the bidding property. But later the owner of the property filed a case in DRT and then reached out
to me requesting to withdraw the ownership of the property by not registering it, as it is their ancestral
property.He also showed me a DD (demand draft) that was ready for payment to the bank. On respecting their sentiment and emotion towards the property, I submitted an affidavit
to the DRT on 10th May 2022, stating "I would like to withdraw my ownership". I had received a minimum compensation from the owner himself. The case was resolved on 4th Aug 2022 stating that the bidding owner is ready to give up his possession to the actual owner(borrower) , the bank and the borrower have to discuss on the amount payable and resolve it. The judgment did not state any date or deadline for the payment. Since then the borrower has not made any attempt to pay the bank and neither is answering any of my calls or reverting to any messages. Therefore my question here is, as its already past 3 months since they never took any effort to make the payment, is it possible for me to return their compensation amount and register the property under my possession. Please help me to know what would be the further procedure to make them pay or for me to register the property.

Kishan Dutt Kalaskar

Responded 1 year ago

View All Answers
A.Dear Sir,
You may file contempt case in the DRT since the other side playing with you under the garb of emotions towards the property.
Helpful
Helpful
Share
Placeholder image

Anonymous

Replied 1 year ago

Thank you so much Sir for your sugestions and understandings. I have another query relating to the same case. Can i send a notice stating them to pay within 15 days and if the party fails to pay can I go ahead and register the property under my name.

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Abhimanyu Shandilya

Responded 1 year ago

View All Answers
A.Dear Client
It seems that you been tricked here by the opposite parties as yo have already submitted an affidavit hence without vacating that affidavit you can not take any action of registering the property as that will amount to contempt of court.
You need to reach out to the DRT and get the affidavit vacated/recalled.
Helpful
Helpful
Share
Placeholder image

Anonymous

Replied 1 year ago

Thank you so much Sir for your sugestions and understandings. I have another query relating to the same case. Can i send a notice stating them to pay within 15 days and if the party fails to pay can I go ahead and register the property under my name.

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Anik

Responded 1 year ago

View All Answers
A.Dear Client,

You can file a petition for contempt of court against the borrower. According to Section 2(b) of the Contempt of Courts Act, civil contempt means willful disobedience by a person to any of the court's orders, judgment, decree, direction, writ or willful breach of an undertaking given by a person to the court. Please consult a lawyer near you to better understand how to proceed legally.

Thank you so much, I hope this answer helped you.
Helpful
Helpful
Share
Placeholder image

Anonymous

Replied 1 year ago

Thank you so much Sir for your sugestions and understandings. I have another query relating to the same case. Can i send a notice stating them to pay within 15 days and if the party fails to pay can I go ahead and register the property under my name.

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Anik

Responded 1 year ago

View All Answers
A.Dear Client,

You can file a petition for contempt of court against the borrower. According to Section 2(b) of the Contempt of Courts Act, civil contempt means willful disobedience by a person to any of the court's orders, judgment, decree, direction, writ or willful breach of an undertaking given by a person to the court. Please consult a lawyer near you to better understand how to proceed legally.

Thank you so much, I hope this answer helped you.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Read Related Answers

question iconCredit card
Dear Client, You can try to negotiate a settlement of your credit card dues with the Banks on your own if your pocket permits and the bank agrees, but sometimes it's typically done through third parti...
question iconHarrassment and verbal attack on personal misfortune by Bajaj Finserve TVM
Dear Client, As per the contractual obligation you are bound to repay the loan but the creditors have no right to harass you to recall the amount, there are rules set as per RBI guidelines as to how...
question iconComplaint regarding not refunding fees.
Dear Client, It's essential to communicate clearly with the center about your request for a refund and to provide any necessary documentation, such as receipts or enrollment agreements, to support y...
question iconInsolvency
Dear Client, Under the Provincial Insolvency Act, 1920 (which is now repealed as IBC Code 2016), you can file for bankruptcy if you are unable to repay a debt greater than ₹500. After analyzing whethe...
question iconHow to get stay order of property possession taken by NBFC
Dear Client, Sub-section (3A) of Section 13 of the SARFAESI Act was introduced by way of an amendment in the year 2004 whereby (3A) the borrower is allowed to make representation or raise an objectio...