Violation of the Rule 9(3) of security interest enforcement 2002 by Indian Overseas bank ARM Branch Rajendra Place in e-auction of property in Shalimar Bagh Violation of the Rule 9(3) of security interest enforcement 2002 by Indian Overseas bank ARM Branch Rajendra Place in e-auction of property in Shalimar Bagh

In e-auction for property at Shalimar Bagh, Delhi held on 15/5/18 Indian Overseas bank had deviated/violated the Rule 9(3) of security interest enforcement rules 2002. As per Rule 9(3) bidder has to pay 25% immediately on the day of auction or maxmium by next working day. But, in this case auction was held on 15/5/18 and successful bidder paid 10% earnest money on 14/5/18 and had not paid any amount on the day of auction i. e. 15/5/18 as well as on next working day the 16/5/18. Bidder had paid 15% on 17/5/18 to make the 25% of bid amount. This information was obtained from bank under RTI. I hv no connection with auction property. But after collecting information under RTI, I hv been advised to challenge this high court. Any advocate who understand the matter and think this violation is challengable in Delhi High Court and agree to file case with minimal fee,

Shreyash Mohta

Responded 3 years ago

A.Mr. Soni, thanks for such a piece of query. I am in full support with LD. Adv. Mr. Shanti Ranjan Behera. You can contact our portal and get help in getting connected to lawyers from delhi and explain them the same problem and see who can help you with this matter.
Please contact vidhikarya regarding the same.
Hope this helped.
Shreyash Mohta
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Vidhi Samaadhaan Vidhi Samaadhaan

Kishan Dutt Kalaskar Retired Judge

Responded 3 years ago

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A.Dear Sir,
You have to challenge either in High Court or in Debt Recovery Tribunal as the case may be, by getting
local advocate.
For full procedure contact me on mobile through Vidhikarya.
Rate me Five Star *
Please visit the following link.

https://vidhikarya.com/LawyerRating/9506c43f5d0b2d266a07
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Vidhi Samaadhaan Vidhi Samaadhaan

Shanti Ranjan Behera

Responded 3 years ago

A.Dear Mr.Soni,
Thanks for this piece of information.
Since I am located out of Delhi it will not be cost effective on my part.
In any case you come across such type of irregularities just let me know I am willing to do it
at Orissa High Court at reasonable cost.
Coming to my telephone , get it through Vidhikarya.com as I am unable to give you because of MOU with them.
Shanti Ranjan Behera
Advocate
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Vidhi Samaadhaan Vidhi Samaadhaan

Rameshwar Dadhe

Responded 3 years ago

A.U should file writ under article 226 of constitution of India or PIL
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Vidhi Samaadhaan Vidhi Samaadhaan

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