Legal Question in Securities Law in India
A Bank can sell the property by private sale treaty under the SARFAESI Act 2002
Asked on 9/16/09, 6:15 am
1 Answer from Attorneys
Seshadri Srinivasan
www.lawconcern.com
A bank has to follow certain procedure before bringing property for sale under SARFESI Act.
Private sale also possible if the registered deed provides for the same.
S.Seshadri
Chennai Phones:98403 20808 /28515229
Answered on 9/17/09, 3:33 am
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