Legal Question in Banking Law in India
I am staying in mumbai I have purchased flat in 2003. It is MHADA flat. in last week notice has been pasted in previous owners name on my door stating that he shall handover the possession within 15 days. this notice in the name of person from whom I have purchased the flat. After making inquiry with bank I came to know that fellow created editable mortgage in 2001.Mhada has transferred the flat in my name. I have signed TOT form and paid transfer charges. Society has also given membership certifacte.. Unfortunatly The same person was secretary that time and he has signed this letter. Agreement made in 2003 but I registered it in 2007 that time vendor was not present. Now What to do. Where can I go In DRT or High Court.What should be the ground of fight and Under which Sections? Pls tell me I am worried that after 15 days what ll happen to me, my family? Pls save me.
3 Answers from Attorneys
Your remedy lies against the seller only and not against the bank.
YOU may need to engage a lawyer for pursuing appropriate remedy.
Better consult a local lawyer with all your papers. No purpose in seeking guidance generally in this forum
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