Hello experts, I want to buy an auction property. Please advise me through your SARFESI and DRT/DRAT practical knowledge.
BELOW ARE SOME QUESTION PLEASE DO YOUR NEEDFUL
1) WHICH TYPE OF PROPERTY IS SAFE IN AUCTION
2) WHAT ARE THE DOCUMENTS SHOULD I ASK FROM BANK BEFORE PARTICIPATING IN AUCTION
3)WHAT ARE THE DUE DILIGENCE AND LEGAL DUE DILIGENCE I SHOULD DO BEFORE BUYING
4)DOES SYMBOLIC POSSESSION IS SAFE TO PARTICIPATE
5)AFTER BANK SALE CERTIFICATE CAN DEFAULTER OF LOAN CAN CLAIM AUR FILE CASE AGAINST ME.
6) CAN BANK GIVE INDEMNITY BOND IF THERE IS SUCH ISSUE FROM DEFAULTER
