KamalNayanSaxena
23 June 2008 at 23:36
A property 'P' mortgaged by bank 'A'. Default in repayment by borrower. A/c classified as NPA. Proceeding under SARFAESI Act initiated by Bank 'A'.
In another proceeding against the same borrower person a decree passed by civil court to recover certain amount in favour of Bank 'B'.
In execution proceeding, Bank 'B' requested court narrating the fact about the said mortgage, to attach the 'P' to satisfy decree. Court attached 'P' and issued notice for proclaimation for sale and affixed them on a conspicuous part of 'P'. Meanwhile Bank 'A' sold 'P'.
Kindly advise remedy availabe in favour of Bank 'B' to recover itd debt. The borrower person is absconded and another property in his name is not available.
adv fauzia azim
23 June 2008 at 20:02
DEAR FRIENDS ,PLEASE LET ME KNOW HOW MANY MEMBERS OF A REGISTERED CO-OPERATIVE HOUSING SOCIETY ARE REQUIRED TO BE IN FAVOUR FOR REDEVELOPMENT OF SOCIETY PROPERTY TO GO AHEAD.
THANKS,LOOKING FARWARD TO AN EARLY REPLY......
Sanjit
23 June 2008 at 19:38
How does the traffic police decide on what section one has to be penalized for an offence and is there any way if this section can be changed later on?
jayati
23 June 2008 at 19:02
lawyers given his report as per avaliable public record in the concerned registry office of the last 13 years. at the time of given his openion that property free from all encumbrances as per search report. borrower can offer mortgage but it is to be suggested to the bank before creation of equatiable mortgage sport varificatipon and enquary must be done by the bank officer.and one affidavit to be taken from the browert the property is not aquired by the Government. but without complaying all the formalities and also not complying the RBI guirdline bank disburse the loan. without taking any action against the borrower , they file one case aginst the lawyerbefore consumer forum allaging his negligence, and he will be liable to pay a sum of Rs. 94,00,000/- as demarage. it is to be mentioned here that he only seen the photocopy of the tittle deed , not the original. original was lying with the bank. in my view bank try to bypass his negligence and startes protracted litigation to save their own negligence. please suggest any judgement/judgements.
Sachin Agrawal
23 June 2008 at 17:50
Dear Sir,
Please provide me the draft deed of partnership of a running business concern with three existing partners and retirement of the fourth partner. The old deed consisted of four partners. The nature of business and its laibilities , trade name liceses remains unaltered.
kapil
23 June 2008 at 16:38
Can anybody please tell me about transfer pricing, legal issues involved, and procedures carried out.
Please send me details on
kbhardwaj.19@gmail.com
jhanvi
23 June 2008 at 13:28
Dear Mr, Srinivas,
Thanks a lot for your reply. Increased my confidence a lot. Whatever the decsion comes will let you know. Thanking you once again for your precious time and guidence.
Thanks & Regards,
Jhanvi
ankit gupta
23 June 2008 at 13:27
respected sir/mam
is there any scope to do a diploma in cyber law?
the course is offered by asian law(govt. of mahashtra)for the duration of 6 months(distant course).
please tell me that is it benificial in future.
thanks
regards
ankit gupta
anil
23 June 2008 at 12:50
when i am going into streets some persons making absurdity & annoyed words to caused for insults of me & making hooding & open cries.
so pls tell me what type of action i
have taken against them .
© 2025 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
138 N.I.Act
Whether subsequent notice for demand is admissible? First notice served duly to the accused, but the complainant failed to file the complaint,then the complt. once again presented the cheque within validity period and that also returned with remark"insufficient funds"then he further issued another notice of Demand to the accused which was not claimed.Is it maintainable to take cognizance by ld.court?