Legal Question in Banking Law in India

is it mandatory for a bank to intimate the lender through written notice before taking physical possession of the property under sarfesai act.


Asked on 9/16/10, 10:07 am

3 Answers from Attorneys

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

yes....u/s 13(2) of the Act.

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Answered on 9/16/10, 10:09 am
Vishwa Arya Arya & Co.

Yes it is mandatory

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Answered on 9/17/10, 8:56 am


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