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Recovery from heirs of debtor

(Querist) 17 March 2013 This query is : Resolved 
What is the procedure for recovery of Debt from Guarantor's legal heirs after death of guarantor?
Under Provisions of SARFAESI ACT-2002?
The facts of the case are loan facilitate in yr. 1987. the guarantor died in 1990. bank applied u. s. 14 of sarfaesi act at june 2012. d. m. ordered in favour of bank in 2012 dec. bank attached property from heirs.
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ajay sethi (Expert) 17 March 2013
academic query . what are facts of your case
Raj Kumar Makkad (Expert) 17 March 2013
It depends whether the recovery is of the amount below Rs. 10 lakh or more.
R.K Nanda (Expert) 17 March 2013
state real facts.

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