urgennt please help only 24 hours left
3 years ago
i have received a letter from home loan bank for physical possession on a date specified by them to handover the property to them.
i have a default of 18 monts including lockdown and all. and also when im trying to settel they are puttingcharges on me worth 200000rs
and not replying me about the procedure also how to waive it off.
A.no court will grant you stay against Bank dues. In DRT you have to pay heavy court deposit.
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Sidhaarth
Responded 3 years ago
A.You can approach DRT for stay and there you can negotiate to repay in presence of presiding officer. In SARFAESI matters courts mainly civil courts have no jurisdiction to entertain any petition.
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Ayantika Mondal @ Prime Legal
Responded 3 years ago
A.Hi,
You can petition the Court to grant a stay order on the bank proceedings for collection of possession. In the meanwhile, you must arrange alternate avenues to pay your dues.
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You can petition the Court to grant a stay order on the bank proceedings for collection of possession. In the meanwhile, you must arrange alternate avenues to pay your dues.
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A.Hi,
You can petition the Court for a temporary injunction or stay order on the same, while you try and repay your dues.
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You can petition the Court for a temporary injunction or stay order on the same, while you try and repay your dues.
If you found this helpful, please rate us.
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Periyamuthu Asai
Responded 3 years ago
A.First you file civil suit for injuction to get interim injection then you protect your property from bank
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