Sarfaesi act

Guest (Querist) 13 September 2017 This query is : Resolved
In a case of home loan, the borrower cheated the bank and encash the loan amount by opening a fictious account in the name of seller and absconding.
Bank then come to Seller to vacate the flat as the bank disbursed the home loan. Seller did not vacate because he did not got balance amount, then bank has taken symbolic possession of the said property by using power of Sarfaesi Act.

What to do in this case?

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Isaac Gabriel (Expert) 14 September 2017
Why anonymous? Post with ur identity.

R.K Nanda (Expert) 14 September 2017
no reply to anonymous query.

Rajendra K Goyal (Expert) 14 September 2017
No reply to query from an author who is anonymous.

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