I have purchased a property from an auction as a successful bidder from the bank 9 years ago. There after the owner of the property was granted a stay order by the DRT. Till today there hasn't been much progress on my case and I have paid 25% of the bidding amount to the bank.
Since it has been 9 years, i haven't been given the position of the purchases property. So what are my legal rights, is there any catharsis on this so that i can come to a logical conclusion. What action should i take to dismiss the stay petition and against the bank to obtain the possession of the said property. Is there any RBI guidelines on this motion. Is there any time limit after which i can take any legal action against the bank.