A banker has sanctioned CC loan and taken a flat as collareral security.Created security interest by equitable mortgage.NI is done but limit is not released due to some formalities.
Then can a Bank register the chargr withCERSAi ?
Three securities are common to the limits sanctioned to three different accounts. All the three accounts slipped to NPA. First two account became NPA during August, 2016 and Symbolic Possession of the property are taken on Nov. 2016. Third account slipped to NPA in Oct 2016 and due date of the Symbolic Possession is due.
Now whether the bank should take the symbolic possession of the properties again for the third account?
AYAN
23 January 2017 at 23:12
My uncle was a ghar jamai. He died 10 years ago.My aunt has 2 sons. As my aunt is widow that's why she has residential right in her father's house.
But she has 2 sons.
My question is
when my aunt will die then will her sons get residential right in their mother's father house?
My aunt's sons are living there for more than 20 years.
yashwant Singh
23 January 2017 at 21:30
sir MY grandfather have 2 children my dad and my uncle .grandpa own property of her late dad. now all land bills come in d name of my grandfather .my uncle behaviour is not gud for my grndfatger and for my dad.
i would like to know that whether my grandfather can dismiss my uncle or not.his behaiour is very bad
tradesinc
23 January 2017 at 19:29
I have a tenant stylex vapo veena
Fair rent orders filed 2007/08 rcop230 of 2008 (120 + months have passed)
1.5lakh /month judgement passed 2010
reopen petition files actually 2015
Reopen petition passed vide 2016
Even through the orders were passed in 2010 and the rental is much higher now in Ramnagar Coimbatore 641009 we are still agreeable to a lower order but need it ASAP
Tenant claims to be paying part rent to a non existent bank account closed a year back and Hon 1adm jUDGE is ok with that (CORRUPTION FOUL PLAY IS SUSPECTED...
Tenant is not in enjoyment of premises and has shifted all factory to another location past 3+ years
Power has been disconnected 3+ years in the first place the power connection is not in the name of TENANT stylex so reinstatement is impossible
Property upkeep even if idle empty is 2-3lakhs/year .
Every year iAM losing around 60lakhs loss of income for the past 10 years due to legal courts delay
we have a demolition of dilapidated building orders pending from 2010 in PDM we have submitted court appointed advocate commissioner and certified engineers report in 2010
We want eviction as claims via legal means is impossible from thugs and goondas like my tenant and RENT fixation with go to a 1+ crore how do we recover ?impossible via courts
lapseD LEASE DEED WITH THE PREVIOUS LANDLORD ONLY
As per lapsed lease deed rent payable for 1 shed is 18000 rs/month the 2nd shed rent is 10000 remain unpaid for 10years ? Is it fair to me??
please advice how we can take action to expedite this matter
anil a ghaisas
23 January 2017 at 08:00
If a Share Cetticiate is signed
by a committee menber is valid ? although Chairman , Sccreyary and treasuror are there.Anil A Ghaisas.
anil a ghaisas
23 January 2017 at 07:57
Is it valid when a Share Cetticiate is signed
by a committee menber although Chairman , Sccreyary and treasuror are there on the body as Office Barears Anil S Ghaisas.
LEKSHMI
21 January 2017 at 18:53
As regards creation of equitable mortgage (Section 58 (f) of Transfer of Property Act), it is not legally essential that the property, offered as a security, should be located in a notified town. The legal requirement is that the title deeds should be deposited with the lender in a notified town irrespective of the location of the property. What if the the title deeds accepted/deposited in an un-notified town but kept at the notified town, has the equitable mortgage come into being and the transaction legally valid ? If not what can be done to make the equitable mortgage so created legally enforceable
Will for property and investment
My husband is a Hindu from Maharashtra. He has 2 elder brothers and an unmarried elder sister. My father in law died last year in December. He has left a registered will wherein he has given my husband the ownership of the house in Mumbai also his bank fixed deposits and balance. He has not given anything to my other siblings citing various issues he had with them and the same is mentioned in his will. He laid that till my mother in law is alive she has half right of the house and after her demise full right goes to my husband. The housing society was informed of the will and were asked to transfer the house shares in my husband name. They are delaying. Please advise. Also we are not rich enough to pay probate fees and one lawyer suggested we can transfer the right if the house without probate only if during selling the buyer may insist. We dnt wish to sell the house as it is my father in law's memory.
Please advise how to get the housing society to transfer the share in husband name.