Sarfaesi property problem

Please inform in what way the Bank is concerned with as you have purchased from individual and not direct from the Bank through Auction.\You are a stranger to  their transaction and why should they listen to you ?  What do you expect from the Bank ?

It is the duty of the Bank to register it in the name of purchaser with his expenses.

When the property is registered through intervention of court and you have a valid title deed, Corporation must register the mutation.

Mutation is not conferring of ownership.  If they reject for such mutation, they have to specifically inform the specific rule under which mutation was rejected.

First get the objections in writing from Municipality and  copy of such rule that empowers municipality to reject mutation.

Facts are not adequate to suggest further guidance.

No other way, except to get the sale deed registered by your brother for show ownership on that property.

"Dutta gone to court and rgistered property in Ramen's name." How? Is there a decree?

 

Originally posted by : G.L.N. Prasad
	Please inform in what way the Bank is concerned with as you have purchased from individual and not direct from the Bank through Auction.\You are a stranger to  their transaction and why should they listen to you ?  What do you expect from the Bank ? It is the duty of the Bank to register it in the name of purchaser with his expenses. When the property is registered through intervention of court and you have a valid title deed, Corporation must register the mutation. Mutation is not conferring of ownership.  If they reject for such mutation, they have to specifically inform the specific rule under which mutation was rejected. First get the objections in writing from Municipality and  copy of such rule that empowers municipality to reject mutation. Facts are not adequate to suggest further guidance.

Thanks for your kind reply. We can't force Bank I understand and Bank only talk to the party sold the same property. We meet concerned officer in Municipality  but they refuse to do mutation in my brother's name and asking  registered deed between Bank to Mr Duta. They refused to give any written document , why can't Municipality do Mutation.  Now what to do? We are helpless.

Originally posted by : P. Venu
	"Dutta gone to court and rgistered property in Ramen's name." How? Is there a decree?

Nothing, I guess he has  played game to  avoid registration fees which should have to be paid by him  during the time of registration of  Sale certificate given by bank.