Can drt allowed an application regarding stay order against bank/s inproper valuation of house
ASHOK KUSHWAHA
(Querist) 26 February 2013
This query is : Resolved
Sir, my client have been received a SALE/AUCTION NOTICE from concerned Bank . My question is that can Bank recovery officer issue the notice for AUCTION OR SALE? and valuation of property is very less without intimate to DRT ? the recovery case pending already before DRT and the final verdict is stil to come . Can I challenge the Auction/ SALE NOTICE in DRT and request for interim relief/Stay Order on the ground of improper valuation from valuer from Bank? if yes, please specify about court fee....how much deposit in DRT alongwith application for interim relief?
waiting for your valuable advice please....regards..
Ashok Kushwaha Advocate, DRT.
ajay sethi
(Expert) 26 February 2013
ask for fresh valuation report from another approved valuer . the valuation report is filed with RO . you cn aalways take the plea tthat valuation given for property is very low
R.K Nanda
(Expert) 26 February 2013
yes, u can get stay order from DRT.
