Home loan case against my father under section 138
5 years ago
Hi. In the year 2016 my dad had given the concern against home loan to the builder and in the name of my father builder had taken home loan and money was deposited in the builders account. The total loan was about 10 lacs but amount dispersed was 6 lacs. The total amount was used by builder and we have not yet received possession from him. He total amount was never dispersed and so bank is only taking pre emi interest.Now builder is not paying any amount and bank had gone legal against my dad. Ahmedabad court had issued bailable warrant under section 138. My dad had not received any amount but loan is on his name so bank had gone legal against my dad. Kindly help us if any legal procedure we can do against that builder and how can we come out of this.
ARPIT BATRA
Responded 5 years ago
Deepak Yashwantrao Bade
Responded 5 years ago
Rajender Prasad
Responded 5 years ago
Share the complete Case history.
You can fix up a telephone consultation with me through vidhikarya.com
Shanti Ranjan Behera
Advocate
ROBERT D ROZARIO
Responded 5 years ago
Rameshwar Dadhe
Responded 5 years ago
If Ur father purchase new property from builder then property registration done or not if done then issues arise for possession form builder. Otherwise call me for full procedure I will help you
The amount directly went into the builders account then how your father held liable. The cheques was without consideration. You will win.
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