Legal Question in Banking Law in India
what is method to stop the action of bank in serfiesi act 13/2,13/4
Asked on 9/30/10, 1:13 pm
2 Answers from Attorneys
J. Radhakrishnan
independent Practice
After issue of notice under Sec.13(2) you can reply within 60 days to the Bank if you have a valid defence or otherwise pay off and purchase peace.
Answered on 10/01/10, 7:16 pm
Vishwa Arya
Arya & Co.
it depends upon what grounds you have on prove the illegality of the notice. You may file a writ petition
Answered on 10/02/10, 12:03 am
Related Questions & Answers
-
Can the terminal benefit of employee attach for the collection of the dues Asked 9/30/10, 3:32 am in India Banking Law
-
I had give a loan of Rs. 1,500,000/ (Rs. Fifteen Lakhs) to a friend in December... Asked 9/29/10, 11:22 pm in India Banking Law
-
How to stop the bank from auctioning the property after they serve notice under sec... Asked 9/29/10, 6:16 am in India Banking Law
-
My husband is no more but there is no will made by him . Do we need succession... Asked 9/29/10, 2:57 am in India Banking Law
-
My father worked in union bank of india from 1970 to 1986. he gave his resignation... Asked 9/29/10, 1:52 am in India Banking Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
