Legal Question in Banking Law in India

We have registered flat purchase agreement properly stamp duty paid . Builder made fake builder and sold premises to third party and from fourth party loan was taken(Bank). Now bank realized that their loan is NPA so they approached to see who were staying. That time they saw we are staying in the flat.

So they are taking steps to recover loan as this flat is mortgage with them

What are alternative available to me legally


Asked on 11/25/10, 5:22 am

1 Answer from Attorneys
J. Radhakrishnan independent Practice

File a suit against t he Builder, Bank and the 4th party who has taken the loan for specific performance of your contract and seek injunction against dispossession.

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Answered on 11/25/10, 4:01 pm


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