Legal Question in Banking Law in India
I have given my shop on rent. the tenant took loan from bank and defaulted in payment. bank sealed the shop undeer sarfaesi act. its now almost 4 yrs but neither bank nor tenant taking any action . what should i do for claiming the rent and getting my premise vacated. Can i break open the shop ?
Asked on 2/22/10, 1:40 am
1 Answer from Attorneys
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
No, you should not break open the shop. However, you may claim rent from the Bank and seek eviction for 'non-payment' of dues.
Answered on 2/22/10, 6:59 am
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