a) When can a borrower appeal with DRT ? Bank issued 13 (2) notice already. I have raised my objection for which they have not replied to me within 7 days. Notice period of 60 days expired. Banker pasted the same notice (even dates) on door recently. Does this tantamount to action by banker under 13 (4) ? My understanding is that only after such an action deemed to be taken under 13(4) or upon bankers arrival with a JMM/MM order for eviction, I can raise SA with DRT. Please enlighten.
b) When should the borrower deposit the required amount with DRT, at the time of appeal or at a later stage ? What is the timeline available to arrange for this amount ?
Thanks in advance.