where is investment ?
you are talking abt property worth 30 crore and can not approach a lawyer.
want to do business and wasting time in these type of questions then there will be loss only but not because of that person.
Advocate Ankur Goel
(Complete Law Shield) #YourLifeYourChoice
Is it Possible the same way ? OR any other way[ name it]?
A: In ESCROW Account the fixed share of money will only come to your account depending on what has been written in the ESCROW account agreement.
Question.2
If Situation mentioned in Contract Arises, Will i get property ? OR Money ?
Is anything from Both, possible ?
A: Eg - If the property is worth Rs. 30Cr as you said ad you ESCROW agreement is in 60:40 basis then by default if the loan is sanctioned for 30 Cr then 18Cr and 12C ...ReadMore
it along with RBI letter, SBI letter is good enough.
but if you want then you can definitely approach consumer court.
Advocate Ankur Goel
(Complete Law Shield) #YourLifeYourChoice
You can apply for more time. Or you can give collateral security to the bank.
The court cannot cancel the rest amount as it'll be unfair to the second party.
If you like my answer, please give a good review.
Since it has crossed 90 days, the validity has lapsed. It is advised to you to provide a written letter to the real estate stating that you do not wish to continue and you are cancelling your cheque for proof.
If you like my answer, please give a good review.
if yes then you can pay now because only 5 emi pending.
The Banking Ombudsman can help you find a solution by acting as mediator between you and the bank authorities.
On a related note, do not share details such as card numbers, bank accounts etc. online, especially on open forums such as this.
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As the other partners cannot be found, you will have to approach the Court to issue an ex-parte order giving you the authority to proceed with the writeoff.
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