Sarfaesi act
MD JAMAL MUSTAFA
(Querist) 15 March 2013
This query is : Resolved
E- AUCTION SALE NOTICE has been issued on FEBRUARY 28, 2013. What should be done kindly guide me shortly
Raj Kumar Makkad
(Expert) 15 March 2013
What guidance you want? You have not posted the facts or the desired advice without which none can help you.
Advocate M.Bhadra
(Expert) 15 March 2013
You should file an application u/sec.17(1)of the SARFESI Act in the Debts Recovery Tribunal.
Section 17 of the Act which provides for an appeal to the DRT, reads as follows:
"17. Right to appeal.--(1) Any person (including borrower), aggrieved by any of the measures referred to in sub-section (4) of Section 13 taken by the secured creditor or his authorised officer under this Chapter, may make an application along with such fee, as may be prescribed to the Debts Recovery Tribunal having jurisdiction in the matter within forty-five days from the date on which such measures had been taken:
R.K Nanda
(Expert) 15 March 2013
state full facts.
K.K.Ganguly
(Expert) 18 March 2013
You are tyhe borrower or the auction purchaser? Advices will not be the same for both of them.
Please state complete fact.
