sale deed in case of sale of property under sarfesi act

PRACHI (Querist) 09 July 2010 This query is : Resolved
my client has purchased property through bank's auction under the sarfesi act. the property is leasehold property (i.e. Midc Property). bank has issued sale certificate. now bank wants to prepare sale deed .kindly let me the format of sale deed in case bank is seller

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Chanchal Nag Chowdhury (Expert) 10 July 2010
U are well advised to check the conditions, if any, imposed by Midc. The deed will have to be made out in consonance with the original Deed & more or less subject to the same terms & conditions. Also check if other restrictions are there.If all is ok, make out a deed for the balance period of lease.

DEFENSE ADVOCATE.-firmaction@g (Expert) 10 July 2010
Firt check the whole records , just possible the original leaseholder has challanged the order in higher forum. We do this as a routine and even file counter claim for damages.

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