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narasimharao (a)     26 April 2014

Bank sale property

respected sir,

I have purchased a SBI bank action property. SBI bank was given 600000 Rs lone/due on that property as on date. Anther three persons are given mortgage lone around 1500000Rs/- and some out side dues on the owner of that property. And that persons are approached  to court.  I have purchased the same property 2850000Rs/-  in the action conducted by SBI, they deducted their due amount  and reaming amount was handed over to court.   

 

SBI authorized   officer was register the same property on my name and committing   in registration document " The sale of schedule property was made free from all encumbrance known to the secured creditor ".

 

But till date  in EC certificate the mortgage due is live. And i am going to sale the same property the EC becoming main problem to me.  Place suggest  me how to clarify the same.

 

 

thanking you sir.



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