Getting back original title deed document from the bank-reg.

Querist : Anonymous (Querist) 26 October 2018 This query is : Resolved
Sir, I am Krishna Prasad retired State Government Employee, Hyderabad. Sir, my brother in law taken a loan in the year 2004 from Syndicate Bank for construction of a flat for that I have given surety. My brother in law L.V. Ravi Chand expired on 31-05-2014 and I have cleared the entire outstanding loan which is more than the amount taken by him from that bank. In the loan application form he has mentioned his wife and daughter as legal heirs but they got divorced in the year 2004. As his lonely mother who was 82 years then have been depending on us as she does not have any support from any source. As my brother in law mentioned the legal heirs in the loan application form, the bank is not handing over the original title deed documents to us. In the month of July, 2018 I have addressed the Syndicate Bank Regional Office, Khyratabad, Hyderabad quoting the sections 140 & 141 and according to these sections as a surety holder I am entitled to receive the original title deed document of the flat. For this bank has agreed my right but they have asked me to obtain suitable orders from the court to enforce my right.
Sir, as I am elderly citizen and suffering from asthma staying with my daughter cannot move my case in the court all alone, can I have your help and advice in this matter.
Thanking you.

Follow Query

Report Abuse

Isaac Gabriel (Expert) 26 October 2018
You ought to have raised the doubt in your name.Perhaps succession certificate is required by the bank. Better consult a lawyer to complete the formalities.

KISHAN DUTT KALASKAR (Expert) 27 October 2018
Dear Sir,
You may approach Bank Ombudsmen to resolve the issue or file a petition before High Court for issuing a direction accordingly.

Please mark “LIKE” if satisfied by my answer.