Legal Question in Banking Law in

Letter sent by PSU Bank taking action under SARFAESI. How to reply the Leter. The content

Asked on 8/29/10, 9:43 pm

5 Answers from Attorneys

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

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is the notice under 13(2) sent by the bank to pay within 60 days?

Answered on 8/29/10, 10:57 pm

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J. Radhakrishnan independent Practice

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consult the local lawyer and send a suitable reply. This forum is not intended for such wild question without details.

Answered on 8/30/10, 5:31 am

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Vishwa Arya Arya & Co.

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yes, the reply depends upon the facts of the case. Currently, it takes approximately 2.5-3 months for a change status to be processed (approved or denied). For a case-specific legal advice, I suggest, you consult an advocate

Note: The above response is provided for legal information purposes only and should not be considered a legal advice; it doesn�t create an attorney-client relationship

Answered on 9/03/10, 12:22 am

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Vishwa Arya Arya & Co.

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yes, the reply depends upon the facts of the case. For a case-specific legal advice, I suggest, you consult an advocate

Answered on 9/03/10, 12:23 am

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