I have participated in Bank e-Auction property that was conducted by SBI. I am successful bidder and payed 25% of the bid amount on the same day.
1) From bank authorized officer came to know that borrower gone to court assuming DRT and Bank officer asking me to pay rest of 75% amount by agreed date other wise 25% which have paid will be forfeited. Bank officer saying you can pay full amount and bank will take care of rest of things i.e. Registration on my name etc. What should I do now? Can I go and pay full amount?
Please suggest how to proceed further.