Legal Question in Banking Law in India
after possession notic,how many time, the bank no action the browwer property?
Asked on 1/19/16, 10:14 pm
1 Answer from Attorneys
Dr Katta Venkata Rama Krishna
Drkattavrk
1) Whether the bank issued the possession notice to you and whether you took out any proceedings before Debt Recovery Tribunal/ High Court against the sale.
2) If no action was taken by you pursuant to receiving the possession notice, then no legal remedy is open.
3) Furnish full facts lest opinion cannot be given.
Answered on 1/19/16, 10:27 pm
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