Legal Question in Banking Law in India

if the borrower atter discussion the bank paynent last 6 month regularly, can sarfeasi act attract and what is the remedy ?


Asked on 8/29/10, 8:51 am

2 Answers from Attorneys

RAJIV GUPTA (Cell: +91 9811284735) [email protected]

in case the bank has agreed for the payment in writing, sarfeasi act is not attracted.

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Answered on 8/29/10, 10:19 am
Vishwa Arya Arya & Co.

Your remedy is to write to the board of the bank for settlement.

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Answered on 8/29/10, 11:00 am


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