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imtiyaz gilani   14 December 2016

Demand notice under sec 13(2)

Dear members,

i want to know if a demand notice is issued in october 2015 and due to some misunderstanding another notice is issued in oct 2016 and in the notice there was some typo error and again another notice was issued after 20 days, after that both the notices i.e, notices issued in oct 2016 were withdrawn. now the question arises whether the first notice i.e, notice issued in oct 2015 is in force or the new notice is to be issued.

 with regards


 3 Replies

Zoheb Khatri (Practicing in Mumbai     14 December 2016

Which section, Law you are refering to ? and what is the subject matter ?

imtiyaz gilani   14 December 2016

Sarfaesi act 2002

Ms.Usha Kapoor (CEO)     15 December 2016

You'll have to wait for a fresh notice. Find out from the BankManager inperson as to when their demand notice is expected. Your presumtions and assumptions will not work here.If you appreciate this answer please give me all my profile likes.

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