NPA Account

Querist : Anonymous (Querist) 20 May 2010 This query is : Resolved
It is ver urgent,
1)My account got NPA in 2003.
2)To safe my property i filled a case in DRT for settlement with bank
3)Mar-09 Bank accepted to settle the account on said amt the payment duration was 1yr. i.e MAr-10.I was not able to pay
4)Now i want to approach the bank to extent the dates by few months so that I can sell of my free property and clear my dues.
4) Bank has already given ads in paper for auction and the tendor date is after 1 month
5) I am trying to get stay from the court
So plz suggest what can be the best way to sort this out

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bhagwat patil (Expert) 21 May 2010
u may take the objecction for the price. as u say u will disose the property bank will allow u to bring the purchaser for the prop.

Querist : Anonymous (Querist) 22 May 2010
Ok Thanxs Mr Patil for ur fast reply

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