Legal Question in Banking Law in India
a sale certifcate issued by the authorised officer on 28/01/2015. but it is registered on 20/4/2015. On 12/04/2015 civil court orders attachment of the said property for the liability of the defaulter. whether property conveyed by the sale certiifcate is liable?
Asked on 5/29/15, 6:36 am
2 Answers from Attorneys
Fca Prashant Chavan
Expert Edge LLP
29.05.2015
Dear Sir / Madam,
Yes, property has been conveyed on 28/01/2015 with the issue of the Sale Certificate hence the attachment is valid.
Regards,
Answered on 5/29/15, 6:53 am
J. Radhakrishnan
independent Practice
Once registered the sale will be effective from 28.1.2015 the date of the sale deed. The purchaser can file a claim petition objecting to the attachment.
Answered on 5/29/15, 1:52 pm
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