Legal Question in Banking Law in India

Under sarfaesi act 2002, can a bank go for direct sale after taking symbolic possession but does not go for actual physical possession?


Asked on 12/01/10, 4:29 am

1 Answer from Attorneys

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

yes, there is nothing illegal in it.

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Answered on 12/01/10, 11:16 pm


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