Drt
amit shah
(Querist) 05 May 2014
This query is : Resolved
RESPECTED SIRS ,
PLEASE ADVISE ME WHERE DOES THE BELOW CASE STAND:-
CASE :-
MR A HAD A LOAN FROM A BANK AND DEFAULTED THE SAID LOAN BUT HE HAD NOT MORGAGED THE SAID PROPERTY TO THE BANK AND HE HAD SOLD THE PROPERTY TO MR B BEFORE THE DECREE HAPPENED.NOW MR B HAS ALSO SOLD THE PROPERTY TO MR C AND MR C HAS MORGAGED THE PROPERTY TO ANOTHER BANK .
SO MY QUESTION IS CAN THE DRT -ATTACH THE SAID PROPERTY IF THE PROPERTY IS SOLD AND REGISTERED BEFORE THE DECREE IN THE COURT HAPPENEDD .
PLEASE ALSO ADVISE IF THERE IS NO ASSET UNDER THE NAME OF THE DEFAULTER WHT IS THE WORST SCENARIO HAPPEN TO HIM ,CAN THE DRT ORDER ARREST ? AND IF YES WHAT IS THE SOLUTION TO AVOID THE ARREST
CAN THEY ARREST A SENIOR CITIZEN ABOVE 87 AND 84 YRS WOMEN IN THIS CASE ?
WILL DECLARING AND FILLING OF INSOLVENCY AND BANKRUPTCY HELP MR A ?
UR ADVICE WOULD BE HIGLY APPRECIATED SIR
Nadeem Qureshi
(Expert) 05 May 2014
contact a lawyer personally it will be better for best advise
R.K Nanda
(Expert) 05 May 2014
consult local lawyer.
Rajendra K Goyal
(Expert) 05 May 2014
Consult a local lawyer and show him all the documents.
Advocate. Arunagiri
(Expert) 05 May 2014
What is the prayer of the bank in the court?
Whether they have sought for attachment of this property?
amit shah
(Querist) 05 May 2014
THANK U ALL
CURRENTLY THEY JUST TRYING TO IDENTIFYING THE PROPERTY WETHER IT BELONGS TO THE DEFAULTER OR NOT ...