Legal Question in Banking Law in India
my grandfather mortaged a property via lease agreement to a company whose director are him son and grand sons. to a bank . bank transfered the property to asset reconstruction co. when the loan become NPA. now the grandsons wants pay and take the property under there possession.
other legal heirs are there.
pl advise can we get and how?
Asked on 11/18/16, 3:58 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
19.11.2016
Dear Sir / Madam,
If the asset is still with the asset reconstruction co. you may approach them for payment settlement and release of the property.
Regards,
Answered on 11/19/16, 5:12 am
Related Questions & Answers
-
An account opened jointly but operated by the condition of any one can operate. But... Asked 11/17/16, 8:31 am in India Banking Law
-
Sir I presented a cheque drawn by son as pay self or bearer. Bank refused to pay... Asked 11/16/16, 3:37 am in India Banking Law
-
I had give check to insurance company for new proposal ,but due to some reason stop... Asked 11/15/16, 3:15 am in India Banking Law
-
Two friends X and Y had purchased an existing pvt ltd company and became the... Asked 11/13/16, 9:14 pm in India Banking Law
-
Two friends X and Y had purchased an existing pvt ltd company and became the... Asked 11/13/16, 9:14 pm in India Banking Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
