Reg: physical possession of e-property(house)
Rameshwar Naraboina
(Querist) 05 April 2018
This query is : Resolved
Dear all,
I have purchased a property(individual house)
bank BOM E-auction on 17th Aug 2017.
I have paid full amount(around 36 Lakhs) to bank as mentioned and has
recieved the sales certificate from the bank on october 2017.
Till date some of defaulter goods are lying at the premises.Bank officals failed to
give clear posession to till date for me.
Every week i am going to bank and enquiring the status, they simply dragging and not giving proper updates.
Its been past 6 months.
My questions is
1.In salescertificate why bank mentioned "handed over the possession of the scheduled
property,the sale of schedule property
was made clear free from all encumbrances known
to the secured creditro on deposit of the
entire amount of sale price"
2.If bank not resolving this issue,I will not take the property can i get any interest of the amount paid to the bank
Happy to discuss if guys need any more details.
Thanks,
Rameshwar.
P. Venu
(Expert) 06 April 2018
What do you mean by "defaulter goods"?
Rameshwar Naraboina
(Querist) 07 April 2018
Defaulter i.e old owner who failed to pay bank loan on time.
Ms.Usha Kapoor
(Expert) 19 April 2018
You may get interest till they handover the schedule property in clean condition to you free from encumbrances etc.
