cost of maintaining the property under possession
Querist :
Anonymous
(Querist) 28 February 2017
This query is : Resolved
Sir,I am on behalf of secured creditor. Property is under our possession under SARFAESI. A residential house with furniture and fixtures in it.
Now problem we are facing is that we r incurring very high cost of security agency as property is not getting sold despite 3 times auction . And if we remove security guards then we apprehend that borrower may false criminal complaint against us that his valuable articles have been stolen.
Now my query is shall we give notice to him to take his articles or to move IA to drt for such directions . Coz it's under our lock and key.
Please reply. Very urgent
Rajendra K Goyal
(Expert) 28 February 2017
No reply to query from an author who is anonymous.
