Physical possession of a property by bank

Presence of borrower during Physical possession of a factory by bank against a loan is mandatory or not. If yes then what is the ruling?

Reply Follow

3 Replies

M.D. Singh 24 March 2019

Can you please share any case or any order or any ruling

Vibhakar Singh 24 March 2019

aftr whole research u will come to here only : r u wiful defaulter, if yes or not, no forcible action by police is permissible to evict the borrower from building !

Vibhakar Singh 24 March 2019

u will be in side, if taking possession !

but if u r present in factory in wid un-consent, they r not eligible to evict u forcibly ! u can take advance direction in your case from HC !