Legal Question in Banking Law in India
sales certificate cancelled by drt under securitization act
Asked on 6/25/12, 3:20 am
2 Answers from Attorneys
J. Radhakrishnan
independent Practice
DRT Can cancell the sale certificate, if it finds that the proceedings based on which the same was issued are not in accordance with SARFAESI Act. Otherwise it cannot cancel the same.
Answered on 6/30/12, 6:35 am
Related Questions & Answers
-
1. I was having a Cash Credit account in a bank from last 3 years. 2.Bank every year... Asked 6/24/12, 10:17 am in India Banking Law
-
Whether Defendant in a first suit where consent decree is passed, file fresh suit... Asked 6/23/12, 4:47 am in India Banking Law
-
We did approach to a local lawyer and a DRT advocate who handling our case .all said... Asked 6/21/12, 12:04 pm in India Banking Law
-
Sir can you please give me brief idea about SARFAESI.Is that everything right... Asked 6/20/12, 11:44 am in India Banking Law
-
Sir,my dad was guarantor to his brother's loan of amount 16 lacks but he could... Asked 6/19/12, 11:49 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.
