Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

subhash chandra   25 June 2019

Possession Notice u/s13(4) of SARFASEI

Hi sir,

I am banker. We have issued
Demand Notice u/s 13(2) for two properties mortgaged to our Bank. For one property , the Sale deed has been cancelled by Registrar. So, possession notice is not possible for first property.
Second property is perfect. whether we can proceed for possession notice u/s 13(4) for taking symbolic possession of 2nd property without issuing fresh Demand Notice u/s 13(2).


Learning

 4 Replies

SHIRISH PAWAR, 7738990900 (Advocate)     25 June 2019

Friends please advice for free to bank. 

Kamal Kapoor   25 June 2019

move an application to concerned cmm for taking possession

subhash chandra   25 June 2019

Sir,
Before going to CMM, we have to issue Possession Notice u/s 13(4). In our case, we have issued 13(2) for two properties, out of which one property is perfect. My issue is that whether we can proceed for possession notice u/s 13(4) for 2nd (perfect )property only.

Kamal Kapoor   25 June 2019

possession notice is given by the receiver appointed by the cmm

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register