I have purchased a flat in SEPT. 2012 through bank auction under sarfaesi act. i have paid full amount of the property and received sale certificate as well as got it registered by paying stamp duty on it. The bank had received District Megistrate Order for possession in Nov. 2011 but could not get the possession due to some reason. After the sale confirmation, bank started the process of taking the possession.
The defaulter had given the same property as guarantee for two separate accounts and in one account he had gone to consumer court and got a stay stating - "bank shall not excersise the recovery till next order" in year 2010. after that bank settled some how in DRT and got the money recovered from other guaranters. after that bank started the process for securitisation of next account under sarfaesi act and put it on sale. bank had already taken symbolic possession in 2011.
problem started, when bank and i started process for taking possission, the defaulter now going to consumer court for conempt (after one year of DM order) and pleaded with District Megistrate for review of its order. The concerened police station is not providing the police man force for taking possession stating that there is leagal issues in the case and they wont follow DM order. the party is just taking the dates in consumer court and DM court bu making silly excuses. the property is empty but in possession of the defaulter.
My basic question is how can take possession of the property?
Can i directely take possession of the property? will there be leagal issue in that? bank and seaser of the bank says they will do the porcess of taking possession with me?
is police really required for taking possession as i dont thing under sarfeasi act there such clause that police will take possession?