India | Business Law
Legal Question
tenant rights under sarfaesi act
i am a tenant since last 8months.the owner has been issued sarfaesi notice he has taken loan 2 years back.will i have to vaccate the premises.the other 2 tenants r there for past 10 years,what will be there status under it.please guide.Thanks
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Re: tenant rights under sarfaesi act
The lender may be entitled to take possession of the premises and may evict the tenants through Magistrate / Police after Section 13 proceedings are completed. All the tenants may have to vacate the premises.
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Attorney-at-Law (India)/ Visiting Scholar, UNC-CH USA Punjab and Haryana High Court Chandigarh, 110001
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Re: tenant rights under sarfaesi act
contact a local banking/drt lawyer
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Aniruddha.P.Pawse Advocates 3,Ramchandra Smruti, Bhaskar Colony, S.V Rd, Naupada, Thane(w), NUS 400602
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Re: tenant rights under sarfaesi act
Obviously,subject to the owner settles the case before the verdict.
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R.K.1080 LEGAL SERVICES VIDYANAGAR Hyderabad, 500044
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Re: tenant rights under sarfaesi act
The property whenever it is sold will be along with the tenancy right.
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PD Legal & Associates 4, Sagar Society, Fatimanagar Pune, NUS 411013
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