Responsibilities of Bank Guarantor
4 years ago
Hello Team,
This case is register in West Bengal Kolkata , We had a property which my mother had given to builder for building apartment . The builder took loan against the property and build apartment . The builder never paid back the loan amount to the bank and as a result bank has hold all account of my mother since she was guarantor as a result she cannot withdraw her pension since one of the account is pension account.
> My question is can bank hold an Pension account . is there any law which does not allow bank to hold pension account .
>> What is our option to come of the libality and let bank deal with the builder directly.
Please advice/help
The pension cannot be attached as per section 60 of CPC.
2. get all the documents signed by builder and your mother by a Lawyer to understand the financial liability of your mother and the builder towards bank and also the liability of builder towards your mother, the actual owner of the land.
3. File a civil case against builder for breach of contract, if any, and try to recover the money from him.
4. Lodge a criminal complaint against the Builder for cheating and fraud.
Ritesh Kumar Mishra
Responded 4 years ago
Rameshwar Dadhe
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