Legal Question in Banking Law in India

Sarfaesi Act 2002 Auction of property

If a property is brought to auction and the authorised officer of the bank is unable to attend the registration of the auction sale. Can the authorised officer give a authorised letter to the Sub Registrar office to considor the letter and roceed for registration of property in his absence.


Asked on 7/21/09, 12:21 am

1 Answer from Attorneys

Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: Sarfaesi Act 2002 Auction of property

Yes.

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Answered on 7/21/09, 3:55 am


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