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Himesh Kumar   03 May 2016

About property pledged in hdfc

Dear sir's As my friend pledge ed a property of college and campus for Rs 1.5lakhs.still now I am in deficit. Now bank has given notice from newspaper to action for a low cost of RS 9lakhs but property is of rs18 lakshmisha least the market value. Please assist me regarding this matter. Can I take stay for this actoning or how can I stop this action. Please assist me. Waiting. Please dear SIR'S assist.


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 2 Replies

Kumar Doab (FIN)     03 May 2016

You could have paid the low amount of Rs.1.5 Lacs.

Get the property valued by valuer.

 

Kumar Doab (FIN)     03 May 2016

GO thru:

 

https://www.business-standard.com/article/opinion/auction-must-fetch-fair-market-value-116042400709_1.html

Engage an able counsel.


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