Legal Question in Credit and Debt Law in India

Property attachment / Debt Recovery

Builder sold property to me and several others and then mortgaged the same to a bank. Entire building now attached by DRT since 4 years. We are the objectors. Is there a legal way whereby I can sell my property if buyer takes on the liability, if and when matter is decided? Is it possible to approach DRT or bank with such a request individually?


Asked on 5/26/09, 12:58 am

2 Answers from Attorneys
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Re: Property attachment / Debt Recovery

You may sell whatever rights you have in the property.

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Answered on 5/26/09, 1:31 am
KAMAL GROVER

Re: Property attachment / Debt Recovery

You can file a complaint of 420 coz he sold the property to you and lean the same to the bank. Who is in possession.?

First right is of the banker but you can defend the case in DRT.

For further assistance plz contact at

adv.kamal.grover.gmail.com

We deal cases in the courts all over India.

M: 09814110005

Chandigarh Office

We strive for your rights.

Good Luck.

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Answered on 5/26/09, 8:39 am


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