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vamsi (Advocate)     13 July 2016

Regarding the service rules

dear advocates, recently one of my friend got order from debt recovery tribunal against the bank. in that order the Hon'ble tribunal ordered my friend to pay some amount within three weeks and submit his proposals for ots to the bank. my fried do the same and paid Rs. 5,00,000/- to the bank and sent the proposal for time of one year for paying the remaining amount. the bank did not call him did not conduct query about his proposals, the bank applied for attachment of the secured property to the District collector, MRO and other official. my friend paid the amount which war ordered by the DRT and he submit his proposals for one time settlement to the bank. now the bank started the procedure for the seizure of the attached property. please suggest how the procedure will stop and who has the jurisdiction to stop the seizure procedure according to the sarfasi rules. pleaes advice me what is the procedure?


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