My account turned NPA and the bank took symbolic possession.

1 year ago

My account turned NPA and the bank took symbolic possession. And immediately without prior notice they auctioned the property and applied for physical possession from the DM. We got a stay on the auction and the physical possession in 2017 and we were told to pay the bank we did go and 3 times they refused finally I took it from them in writing that they will not not again in 2018 we approached the bank to clear the loan but they refused. After that we had COVID issues and my husband got affected in the first wave with COVID and he became a heart failure patient. The bank had not approached us or intimated us and then now in Oct 2022 there is a possession order which was only 1 day later from the DM on a DRAT order which is passed ex parte. We were not notified or no summons were sent. We approached the collector office and they said they had no staff to serve the notices because of holidays We told them the entire episode and they said legally we were due for 15 days notice period. Now we want to approach a higher court as the bank is deliberately harrassing us and not accepting the money and is after the property only. The property value is 1.5cr and the loan amount is 47 lacs