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Queries Participated

Kiran Kiran   27 November 2021 at 03:56

Property distribution

Family consist of 5 members
Father, mother and 3 sons
My question is
Earning of property individually (sons self acquire earnings) before marriage belongs to family or will it belongs to the person who has earned.

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Kiran Kiran   27 November 2021 at 03:23

Property distribution

Family consist of 5 members
Father, mother and 3 sons
My question is
Earning of property individually (sons earnings) before marriage belongs to family or will it belongs to the person who has earned.

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Kiran Kiran   24 November 2021 at 07:25

Cheque bounce

I have won the case in Lower Trial Court and Appellate court (Case was since 10 years now got the judgement).
Accused was absent on the Judgement day.
Accused went to high court for Criminal Revision, but High court dismissed the petition and ordered him to surrender in the Lower Appellate court for further proceedings.

In the mean while Lower Trial Court has issued an arrest warrant on Accused. but he was absconding, but after 1 and half month Accused was caught. He was sent to Imprisionment, its been past 1 week but till now he did not move any bail petition,
My concern is if he accept the imprisionment then how can I recover the amount, Accused has few properties, Accused is a business and realestate person. If Accused does not respond, can we file EP on the basis of this Judgement?
1) What would be the next step to recover the money.

2) Civil Case : already 10 years passed, can we go for Civil Case

Please given Suggestion

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Kiran Kiran   04 May 2016 at 16:39

Adopting brother's son

Hi,
My brother has a son, I dont have a son. now that only one son is there in my complete family I want to adopt my brother son. My brother and my self will be spending half half amount towards his growth in son's life. I will be giving my property share as well to him. how to bind legally that My brother's son is for both my brother and my self. what is the legal document that we can prepare for adopting. Son will be under both of them.
Kiran

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Kiran Kiran   28 October 2011 at 14:31

Cheque bounce

Hi,
I purchased a property in Hyderabad, builder has cheated by impersonating the bogus/fake owner. Bank has released 40laks loan on my profile to that property to the builder and I have given 13 laks on to of that. When I asked the builder about it, he said that he will return the amount and gave me 2 blank cheques and two 100 rupees stamp papers with signed on it and asked some time for clearing the amount. But till now he is saying the same thing from the past 1 and half year.
Now I am planning to write the amount on the cheque and get it bounced and file case against him. As per the bank address, he is not staying in that address. But I know his parents address and his relative address. If I send the notice letter to that address will it be OK. Or what is the alternative. if he does not receive the letter. Is acknowledgement of the notice is must?

if possible please send me the format of the notice.

Please suggest.

Thanks
Joseph Kiran

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Kiran Kiran   08 December 2010 at 11:43

IDBI Bank sanctioned the home loan without legal verification.

Please suggest how to proceed with this issue.

Respected Sir,
I, Joseph Kiran Pasala, working as a Software engineer, Hyderabad. I bring forward you the problem that I am facing with IDBI bank.

In November 2009, I have purchased a flat at Hitech city, Hyderabad, for which IDBI bank has sanctioned me a home loan. I was paying my EMI's up to date regularly.

In March 2010, I came to know that the property which I purchased was illegal. The property was sold to me by impersonating bogus land lord, builders and by creating forged documents which IDBI bank has thoroughly verified legally and issued me a home loan for the same.

After knowing that it is a fake property, I went to IDBI bank in person and asked them, how this can happen, as you have legally verified and sanctioned me a loan. They told that they will be suspend/dismiss/sack the IDBI employees who are all involved in it, but you need to pay the loan amount. They were also saying that somebody was living in that fake property from the past one year. Then I questioned them, if someone is living there from the past one year then how did you sanction me a loan? Still they insisted that, they will suspend/dismiss/sack the employees who are all involved in it.

Personally, I have enquired with one of the IDBI bank representatives about my loan sanctioning was illegal, he was also saying that ICON services(who processed my documents) is the most corrupted services, that they do anything (corruption) for sanctioning the loan. The fake owner/builders has colluded with the bank services and sanctioned the loan to my profile. I can give you the person name on request.

After paying 7 EMI’s, I have passed the instructions to my citi bank to stop payment of the EMI’s for the fake property at Hitech city.

I have started investigating personally and found that the fake Owner/Builder has bribed the bank employees and sanctioned loan to my profile without proper verification. I can mention the IDBI employee’s names who have taken bribe, with evidence on request. More over the employees of IDBI bank them self accepts that some of the services/employees are misusing the office and corrupted. I can give you all the details on request.

Five years ago, I have taken the home loan for another/different property in Hyderabad with the same profile. I have been paying the EMI’s for that property without fail till date; till now my track record is very good without any cheque bounces from the past five-six years. My banking track record is very good.

Trusting IDBI bank, I have processed another housing loan for the property at Hitech city. But unfortunately the fake owner/builder in collude with the bank associated members has cheated me by sanctioning me a loan on fake property. Trusting the bank I have paid the fake owner/builder 13 lakhs on top of the sanctioned loan amount.

Now the bank has started harassing and sent me a notice stating that they will be taking over the old property as I have stopped the EMI for the new property. I did not put the old property as a collateral security or mortgage or any other link with the new property. The loan was sanctioned purely on my profile base, then how the bank can take over the old property for their mistake. Which law says, even from the side of bank mistake I need to bare that?

As my old property is my hard earn property of my life time, they wanted to take over, for which I am not able to digest and leads me to frustration, I am not able to bare the mental tension/torture of the bank for their mistake. It leads me and my family to suicide. Please understand my mental torture and put me out of this issue.

Thanking you

Do I need to sacrifice the old property. this is concerning me a lot.

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Anonymous   07 December 2010 at 11:16

Take action against IDBI Bank for sanctioning the home loan without legal verification and misusing.

I, Joseph Kiran Pasala, working as a Software engineer, Hyderabad. I bring forward you the problem that I am facing with IDBI bank.

In November 2009, I have purchased a flat at Hitech city, Hyderabad, for which IDBI bank has sanctioned me a home loan. I was paying my EMI's up to date regularly.

In March 2010, I came to know that the property which I purchased was illegal. The property was sold to me by impersonating bogus land lord, builders and by creating forged documents which IDBI bank has thoroughly verified legally and issued me a home loan for the same.

After knowing that it is a fake property, I went to IDBI bank in person and asked them, how this can happen, as you have legally verified and sanctioned me a loan. They told that they will be suspend/dismiss/sack the IDBI employees who are all involved in it, but you need to pay the loan amount. They were also saying that somebody was living in that fake property from the past one year. Then I questioned them, if someone is living there from the past one year then how did you sanction me a loan? Still they insisted that, they will suspend/dismiss/sack the employees who are all involved in it.

Personally, I have enquired with one of the IDBI bank representatives about my loan sanctioning was illegal, he was also saying that ICON services(who processed my documents) is the most corrupted services, that they do anything (corruption) for sanctioning the loan. The fake owner/builders has colluded with the bank services and sanctioned the loan to my profile. I can give you the person name on request.

After paying 7 EMI’s, I have passed the instructions to my citi bank to stop payment of the EMI’s for the fake property at Hitech city.

I have started investigating personally and found that the fake Owner/Builder has bribed the bank employees and sanctioned loan to my profile without proper verification. I can mention the IDBI employee’s names who have taken bribe, with evidence on request. More over the employees of IDBI bank them self accepts that some of the services/employees are misusing the office and corrupted. I can give you all the details on request.

Five years ago, I have taken the home loan for another/different property in Hyderabad with the same profile. I have been paying the EMI’s for that property without fail till date; till now my track record is very good without any cheque bounces from the past five-six years. My banking track record is very good.

Trusting IDBI bank, I have processed another housing loan for the property at Hitech city. But unfortunately the fake owner/builder in collude with the bank associated members has cheated me by sanctioning me a loan on fake property. Trusting the bank I have paid the fake owner/builder 13 lakhs on top of the sanctioned loan amount.

Now the bank has started harassing and sent me a notice stating that they will be taking over the old property as I have stopped the EMI for the new property. I did not put the old property as a collateral security or mortgage or any other link with the new property. The loan was sanctioned purely on my profile base, then how the bank can take over the old property for their mistake. Which law says, even from the side of bank mistake I need to bare that?

As my old property is my hard earn property of my life time, they wanted to take over, for which I am not able to digest and leads me to frustration, I am not able to bare the mental tension/torture of the bank for their mistake. It leads me and my family to suicide. Please understand my mental torture and put me out of this issue.

A week ago I came to know about RESERVE BANK OF INDIA – complaint schemes by which my wife and I have hopes of living again. I request the bank to return all my EMI’s which I have already paid and all other expenses spent on the fake property (registration fees, processing fees etc) and my old property.

Therefore I pledge/request your good officers to look into the matter and take action against the IDBI bank as per law and do justice to me. Thank you for your support.


Thanking you

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