Bank auction property registration procedure

Has the sale certificate been duly entered in Book No. I in terms of the provisions of Section 89(4) of the Registration Act.

 

Hi sir ...thank you for your reply sir....Bank issued sale certificate to us and we are just keeping it for past one year sir and 2 months before only drt case closed between bank and borrower. Now we are waiting for original documents from bank sir. Sale certificate entry in book no.1 should be done purchaser sir? We are not aware of auction property buying sir.what should we do now sir. Kindly guide us. Thank you once again sir.

The sale certificate has to be registered by bank with the jurisdictional sub registrar's office 

The original title document will be with the bank and not with the court.

The bank staff are generally lazy and reluctant to work especially when the auction sale is completed and the sale consideration amount has been received by them

If there is an inordinate delay, you may issue a legal notice to the bank to hand over the property title documents and also execute the registered sale deed in you favor.

Failing to comply with the demand made, you may drag the bank to consumer forum for deficiency in service and also for compensation for mental agony and for handing over the title documents as well as for registration formalities. 

Thank you so so much for your reply sir. Thanks a lot for your well clear explanation and guidance sir.