Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Sagnik (Management Trainee)     03 September 2012

Certifiacte of sale under sarfaesi act

Dear all,

One of our property was sold by ARCIL but we were not given any information by ARCIL on how much was the said property sold for ?

We were not not even given a copy of the CERTIFICATE OF SALE which is to be issued as per rule 7(2) of Security Enforcement Rules.

Is there any recourse availbale to us so as we can compel ARCIL in revealing the information on the sale of those properties, because we are completely in dark about its sale c onsideration

Regards,

Sagnik Sanyal



Learning

 1 Replies

c.p.s. ramachary (1500)     27 March 2014

ARCIL is working under control of RBI. You may send a complaint to RBI setting out all the facts. You will get immediate relef.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register