Legal Question in Banking Law in India
State Bank of India is asking for sale deed/agreement of Sale for giving homeloan.we have done the sale deed but to get the registrar signature it will take 6months. the Bank is not excepting the certified copy of the deed,as probotionary option till the original deed is received from the tehsil office.here the tehisildar and reigistrar is the same office. there is backlog of such cases.can the bank do so? will i have to wait for the original sale deed?
2 Answers from Attorneys
File writ after legal notice directing Registrar to hand over the registered deed withnin reasonable time.
The bank is right in seeking the original sale deed. You can approach the higher authorities in the Registration Department and or Tehsil office to expedite the delivery of the registered document.
Related Questions & Answers
-
One Officer of a Regional Rural Bank is said to be caught taking bribe by state... Asked 11/09/09, 7:37 am in India Banking Law
-
Are employees and Officers of Regional Rural Bank are employees of Central... Asked 11/09/09, 5:39 am in India Banking Law
-
What is the procedure of Equitable mortgage of property belonging to a Registered... Asked 11/09/09, 4:39 am in India Banking Law
-
Bank has taken possession of the part of property. Can bank take posssion of... Asked 11/05/09, 9:48 am in India Banking Law
-
Hi.. I want to know what is a non bailable warrant and also if the NBW is issued the... Asked 11/05/09, 6:58 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.
