India | Securities Law
Legal Question
If a registered mortgaged property not registered with the ROC is in possession of the Bank under SARFAESI Act 2002 . What is the procedure to sale the said property by private sale Treaty under the Act & consequences thereof.
Legal Answer
you cannot sale
REGARDS
ADV.KAMAL.GROVER@GMAIL.COM
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Legal Answer
Consequences are both criminal and civil.
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