Suffering due to wrong action of banks/ npa/ots etc

am also suffering in the hands of PNB, where in an OTS was reached for Rs. 22 lacs and the bank did withdraw/transfer a sum of Rs. 10 Lacs but still in haste auctioned my property. I am into appeal since year 2005 with PO, DRT-II, Chandigarh. reacently I learnt that in the caseof SLP in SC Sardar associates vs PSB, the supereme court did give relief to the borrower, as the bank can not back out of the OTS under the RBI guidelines, you can contact me as I am willing to join you in the PIL. My contact details: Mob. 09815850278, email vinoo_verma@yahoo.com

Thanks for joining.  I will go through the Supreme Court judgement today.   I further request that any other party from any Bank suffered due to non fulfilment of RBI guidelines by the Bank may please contact me to file PIL in the Supreme Court against the Banks and the administrative authority of RBI also, as they also derelect in their duties and supervision.

For such problems the SUPREME COURT PIL  is last action., it will take time and if not properly prepared and presented it may not bring any result.

You must also contest the problem at various levels for which ample provisions of laws are avialable.

I have already settled with the Bank and the paid entire NPA dues.   But the issues involved were that Bank has taken money by putting mental tension, pressure of all sorts, illegal actions, that instead of taking recourse to the rules they have taken money by actions which were not in consonance with the Rule Book of the RBI and various Supreme Court Orders.  That is why I want to take action now against the Bank for recovery, contempt,  And also need compensation from the bank for their mistakes and damages done to me, my family, my workers, who are on the road now because of Bank's fault.

 Andhra bank eying at the huge security value is denying look in to OTS and also started loading my account with all sorts of penalties inflating the account. Bank with holding securities worth 10 times the loan has also denied giving any relief in the form of restructuring package thus making my account NPA and also curtailing my entire business survival.  After making NPA started left and right inflating the amount.

Violation of RBI guidelines to ratified and Section 13A ( SARFEASI Act) shall provide rights to borrowers to question the  actions of BANK with in a specific time frame before DRT during which proceedings under 13(4) may be halted.