Legal Question in Banking Law in India

You have to check all the record when he paid the installments and when he stopped. coz if the stop payments are from the last 10 years then there is chance to release the property in the hands of bank. Further you may file an FIR for cheating. Did you registered the said land in your name and intakaals etc. plz also specify. you need a good lawyer for consultation and proper guidence else you wil lose everything. You may pay the amount to lawguru in paid quetion and then get the proper reply.

For More detail, Mail your detail to the undersigned;

Mr. Kamal Grover, Advocate (Chandigarh, India)

M: 09814110005

e-mail: [email protected]

Note: We are group of advocates, experts in different fields of law in Supreme Court, All High Courts and few district courts of India and your case will be handled by our experts in your locality.

Regards and good luck

File an application under Sec.17 of the SARFAESI Act before the DRT within 45 days of the publication of possession notice under Sec.13(4) of the Act questioning the validity of the mortgage in favour of the Bank and also seeking for marshalling of securities. In the meanwhile, negotiate with the Bank also to arrive at a settlement.