Legal Question in Banking Law in India
Property bought from Andhra Bank, Visakhapatnam Maharanipeta branch and sale certificate mentioned property was made free from all encumberances known to Andhra Bank. Auction notice it was mentioned Two Floor's building for sale. But I found No plan approval for the building and Property tax arrears amounting to rupees one lac including penalty charges for non approval building plan. Building Penalisation Scheme for regularising the building plan One lac Thirty thousand fees was paid and property tax arrears one Lac was paid by me and having all the receipts. These amounts is it a responsibility of Andhra Bank to reimburse to me. Thanks and looking for your reply. If any one takes up this case from Visakhapatnam, I can provide all the relavant documents.
1 Answer from Attorneys
11.10.2016
Dear Sir / Madam,
The Bank remains liable to pay and settle all outstanding dues till the date of sale of the property.
Regards,
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