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Queries Participated

Rangee   03 July 2020 at 23:31

Sarfasi law

Sirs,
My question is one lady mortgaged her property by depositing title deed with bank as guaranttor for loan of her sons firm. she died leaving a will prior to mortgage as per the will 52% of property mortgaged she has gifted to third pary her relative who is not legal heir. the will was not revealed to the Bank until issue of 13(2) notice, now whether this property willed to third party can be sold under sarfasi law, please answer

Rangee   21 November 2014 at 22:18

Sarfaesi act 2002

Dear Experts,
A Land has been sold and transfered under SARFAESI Act by Bank which was in possession of Public Ltd company with defective title.There are buildings erected on the land belonging to company, these buildings are not part of sale. The Buyer of the land has taken into possession of both land and building. What is legal recourse to the Company to obtain orders for using the building to which court we have approach please answer thanks in advance
R.S.K.Singh