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Powers of Mandal Educational Officer

Querist : Anonymous (Querist) 04 September 2010 This query is : Resolved 
One X obtained loan from bank and paying the same. In that way few months missed so also paying regularly. The bank officials sent a notice to mandal educational officer to deduct the salary of X, who is working as government teacher.

Whether the bank officials or mandal educational officer is having any right to do so.

Since the court decree is proper for attachment or with hold the salary by said officer.

plz give any provision of law found.
Chanchal Nag Chowdhury (Expert) 04 September 2010
Under the SARFESI Act, a bank has the power to attach assets of debtor on its own under certain circumstances. Whether it applies in your case depends on the terms of the loan.
Querist : Anonymous (Querist) 04 September 2010
X has taken only personal loan for a duration of 72 months, almost 8 to 9 months to be pay.
Querist : Anonymous (Querist) 04 September 2010
to my knowledge Under the SARFESI Act, only properties that were mortgaged will be attached...


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