Legal Question in Banking Law in India
can bank withhold sale proceed under sarfaesi act
Asked on 9/30/16, 12:07 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
11.10.2016
Dear Sir / Madam,
No. The Bank has to recover the loan amount and return the excess to the customer.
Regards,
Answered on 10/11/16, 7:08 am
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