Sarfaesi act-cancel of modt after sale certificate ?

Mahendra Varma MPK (Querist) 24 January 2018 This query is : Resolved
The bank has sold the property through e- auctiong under SARFAESI Act and the bidder purchased the property through e auction and the sale certificate was registered in favour of the bidder and now the bidder is requsting the bank to cancel the MODT which was done by the loan borrower.

Legally Is it possible to cancel the MODT after registration of the sale certificate?

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