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Anonymous   06 November 2011 at 07:38

Bank shows reluctance in returning the security document and closing loan account

We where defaultors in one of the nationalised bank, We had applied for loan and produced a security document as guarantee.To be honest we had sold the land which was
produced as security to other prospective buyer. Bank warned us of passing SARFASI act and claiming the land which was produced as security. We negotiated with Bank for one time settlement(OTS). Bank stated our case is a forgery and under RBI norms , we don't fall under OTS.

We requested Bank to consider our situation agree for OTS, Bank accepted and asked to pay the dues in given time frame.
We respected that deadline and paid the due in the given time frame. Inspite of
paying the dues Bank is reluctant in releasing us the security document and closing our loan accounts. Bank states the current land owner has converted the agriculture land as
commercial plots, so now they state, they cannot give any concession and we have to pay full loand amount with interest as of day.

we are caught in middle, in one side bank pressure and other side the buyer who brought the land to clear his problem.

We feel its a kind of harassement, Bank is show towards us and trying to unnecessary drag the problem, inspite of we paying the loan amount as state in OTS.

Given the complication of ours being a forgery case, we don't want to unnecessary go for Law suit and further delay the matter.
we want to finish this amicably at the earliest.

In our case what would be the right approach to take.


We came to know about a Legal body called alternative dispute resolution.

http://icadr.ap.nic.in

Can we fight our case with help of this institution. we are from Tamil nadu, how
do we approach them , seem this facility is available in bangalore,hyderabd and delhi.

Anonymous   06 November 2011 at 04:48

Land

Dear Sir,'my family leaving 40 years in a land at Bhubaneswar (Orissa),the owner died 30 years back, he had no legal haire, after his death my father paying all land tax, but now a days outsider claiming that they are owner but they had no doucement, now a days situation is cretical, so give sugassion...\

prabhat.

Praty-1
In 2000 some out side person creat a Trust Board under Endowment after that they sale the property at high rate to outsider , everything without knowledge of my father.

party-2
Some one sale the land again in Duplicate PATA
But till now we are in possation,every time they thearting us.
1-My Family
2-Trust Board
3 Purchase
4-Seller
Can I suit a case againest above three party in Suprem Court
Now the case in Dist Magisreate since 10 years

Note-Sir there is any Act or Decesion which show that any person leaving in a land since 40 years and paying all govt- tax and the owner was dead, the possesstion person have the right to enjoy the property
Give a light to my Family.......
...

Anonymous   06 November 2011 at 00:40

Section 32 in the registration act, 1908

32. Persons to present documents for registration.- Except in the cases mentioned in 1[ sections 31, 88 and 89], every document to be registered under this Act, whether such registration be compulsory or optional, shall be presented at the proper registration- office,--
(a) by some person executing or claiming under the same, or, in the case of a copy of a decree or order, claiming under the decree or order, or
(b) by the representative or assign of such person, or
(c) by the agent of such person, representative or assign, duly authorized by power- of- attorney executed and authenticated in manner hereinafter mentioned.
PERSON WHO HOLD POA IS CALLED AGENT OF VENDOR.CAN SOMEBODY EXPLAIN ME WHO R REPRESENTITVE OR ASSIGN.TO WHOM THEY REPRESENT.
LAST QUESTION IF DOCUMENT NOT REGD DUE TO WANT OF POA AND VENDEE IS APPLYING AGAIN TAKING BENIFIT OF EXTENSION OF TIME U/S 23A OF ACT.WHETHER THERE WILL BE PENALTY IF 4 MONTHS ARE PASSED.AND WHO WILL PAY THIS PENALTY IF ANSWER IS YES.

Anonymous   06 November 2011 at 00:10

Documents that dont require regn

as we all know will is effective after death of testator and getting probates after death of testator.does registeration of will make any diference at the time of probates proceedings.does getting will registered serve any extra benifit.

Anonymous   05 November 2011 at 23:18

Disinheritence

how can one disinherit ones children from your property since they don't look after you... what is the procedure?

Anonymous   05 November 2011 at 22:42

Regn act

is there any provision whereby we can avoid registration of one property if property situated in two states.is it not suffuce if i get regn in one state of both properties.

Anonymous   05 November 2011 at 22:36

Registration act

sec 23 regn act provide document can be submitted for registration with in four months after its execution.and decrees or orders also with in four months.my question is decrees and orders are not regd then what consequesnce happens.why act compels registration of decree and order.

Anonymous   05 November 2011 at 21:02

Power of attorney registration at delhi

Dear sir,
I am a NRI and buy a flat in Dwarka SECTOR 7 on Aug 2011. Flat is my wife's name.

The land was given under 20 points scheme (1984). lately land devloped by the builder and selling the flat.

I seen the last power attorney is registered in BINGA (SHRI BASTI) DISTT. UP. not in delhi.

As per the most people openion registry not possible. Please help me

Land owner (Builder) give us a noterized power of attorney, sale agreement. is this okey?

I want to register the GPA or registered the property.

Please advice

Anupam Dwivedi   05 November 2011 at 20:45

Sec 118 0f transfer of property act

when money attached in exchange then that exchange is valid exchange ?

Anonymous   05 November 2011 at 18:02

Ownership right

I HAVE AN PROPERTY IN TOWN I HAVE ALSO ANOTHER PROPERTY IN SAME TOWN ON GPA PLUS AGREEMENT ON SELL NOW I WANT TO TRANSFER /REGULARIZE THE PROPERTY BY TRF IN MY NAME AND I HAVE TO GIVE DECLARATION THAT I HAVE NOT ANY OTHER PROPERTY IN SAME TOWN

SO DO THIS HOW I WILL PROCEED WITH EXITING PROPERTY RIGHTS TO TRANSFER TO MY CHILDERAN BY GPA CUM AGREEMENT TO SELL/ GIFT DEED/ FAMILY ARANGEMENT OR SALEDEED(EXITING PROPERTY IS MORTGAGE )
THU ANY UNGRED MODE