Legal Question in Banking Law in India

is decree of special recovery & sale order [ SRSO order ]

of a state co-operative Bank of Maharashtra

is applicable and implimentable out of maharashtra in other states for mortages held by a coperative bank in maharastra registered under maharastra co operative scoities act . for a loan which has gone bad in a company financed by the bank


Asked on 2/14/13, 5:51 am

4 Answers from Attorneys
Fca Prashant Chavan Expert Edge LLP

14.02.2013

Dear Sir / Madam,

The decree of special recovery & sale order is applicable and implementable anywhere in India.

Regards,

FCA Prashant Chavan

Mumbai

(You can also mail me for any further on-line advice at [email protected])

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Answered on 2/14/13, 7:32 am
Jayesh Desai Jayesh Desai

Yes, it is.

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Answered on 2/14/13, 10:14 pm
Sanjay Kalra Sanjay Kalra & Associates

NO it is not........Please check Sanjay Kalra and Associates on the internet to know more about our law firm and the legal services we are rendering for our clients from all over the World.

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Answered on 2/14/13, 11:46 pm


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