ganesh ramaswamy (Regional Manager) 05 July 2010
when loan borrower defaults and the borrower is not tracable(from the banks prespective), can the banks/institutions use sarfaesi act to take possession of the property and transfer the property by auction/sale to third party? under this circumstance how is the interest of the legal heirs of the borower would be addressed?
Member Strength 9,46,618 and growing..
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
