Legal Question in Banking Law in India

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Sir, my unit is sme... After declaring my account npa.... We do job work for our client... Suddenly bank taken physical possession.... My cleint send material for job work... Amounting to rs 7 lac... Now shall i get back the materails... If yes.. How and to whom to approch.


Asked on 1/29/09, 11:40 am

4 Answers from Attorneys
Homi Maratha N.N. Maratha & Co.-Advocates

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Hello.

You may engage a local lawyer with all the details to pursue legal actions.

Facts are not sufficient to formulate any advice for you.

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Answered on 1/30/09, 4:06 am
J. Radhakrishnan independent Practice

Re: Attached stock

file an application under Sec.17 of the SARFAESI Act before the DRT and pray for release of the articles. Better take the help of a local lawyer practising in DRTs.

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Answered on 1/31/09, 12:07 am
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: Attached stock

You may engage a local lawyer to pursue your legal remedies appropriately.

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Answered on 1/29/09, 10:26 pm
Aniruddha Pawse Aniruddha.P.Pawse Advocates

Re: Attached stock

you can engage a banking/DRT practice lawyer.

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Answered on 1/30/09, 12:15 am


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