Legal Question in Consumer Law in India
can abuider liquidate house loan account of a buyer unilaterly after cancellation of sale agreement for not complying with the terms of the agreement.
Asked on 5/02/12, 11:13 pm
3 Answers from Attorneys
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
how does builder have a locus to liquidate the house loan account once its a contract between the purchaser and the bank.
Answered on 5/03/12, 1:18 am
ranganathan raghavachari
R.Ranganathan & Associates
No. He cannot do so unilaterally. Further he cannot just cancel the agreement. You file a case for specific performance of the agreement.
Answered on 5/03/12, 3:22 am
Related Questions & Answers
-
There is this networking marketing company secure life-safe and secure insurance... Asked 5/02/12, 12:14 am in India Consumer Law
-
What certificates a networking marketing companies must have to operate in india? Asked 5/01/12, 11:32 pm in India Consumer Law
-
I am meticulously fighting against the builder, who is a respondent in a consumer... Asked 4/30/12, 7:20 am in India Consumer Law
-
Should commercial flat owners or shop owners pay more maintenance . also specify... Asked 4/30/12, 5:45 am in India Consumer Law
-
In a competition I took part in, there was this clause: "Where the Benefits... Asked 4/27/12, 7:28 pm in India Consumer 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.
