Securitisation Application Securitisation Application

1 year ago

I recently bought Bank Auction Property for which I paid full amount. But after, Bank said that the borrower files SA against Bank in DRT. DRT granted time to borrower for full amount repayment. But in given time he coudnt make it. Now there is date after date for case, but no any order uploaded by DRT. now what should i DO ?

Anik

Responded 1 year ago

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A.Dear Client,
The appeal against an order of Recovery Officer to DRT can be requested within 30 days from the date of order. The Tribunals have to resolve the claim within six months. The appeal against the judgment of DRT can be made within 45 days only to DRAT(Debt Recovery Appellate Tribunal).
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