LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Twin cases

(Querist) 08 August 2014 This query is : Resolved 
my parents had too similar home loan cases going on....both of them deceased and bank subsituted our names......one case has been decided ....so can judgement of this can be used to quash the other case
Nadeem Qureshi (Expert) 08 August 2014
state detail facts to get our opinion.
kinden (Querist) 08 August 2014
we are not interested in either of the properties.....nor we have inherited anything from the parents....so court asked for our noc for bank taking posseion of the property and has ruled that we have no personal obligation
ajay sethi (Expert) 08 August 2014
give your NOC since you dont want the properties. if you have not inherited any assets from your parents you dont have to pay their debts
Rajendra K Goyal (Expert) 08 August 2014
The property must have been mortgaged by the Bank while giving home loan. Let the Bank proceed on as per its rules. When you have not inherited anything, you are not to pay any liability.
kinden (Querist) 08 August 2014
but how end this second case from the same bank for another property......i dont want to fight it for another 4 yrs
Devajyoti Barman (Expert) 08 August 2014
Why you have not inherited the properties, explain this.
ABDUL RAZIQUE (Expert) 09 August 2014
I appreciate above expert and nothing more to add.
T. Kalaiselvan, Advocate (Expert) 10 August 2014
You can approach the bankers with your decision to give NOC similar to the other case and ask them to withdraw the case against you, however, expert Mr.Barman has raised a good query that why you have not chosen to inherit the property after your parents' death?
Raj Kumar Makkad (Expert) 10 August 2014
I do agree with the experts hence no more to add.
kinden (Querist) 10 August 2014
not inherited anything as my parents had nothing.....and this house is not worth investing
Raj Kumar Makkad (Expert) 11 August 2014
So what do you want to know?
R.venkatesh Naidu (Expert) 20 August 2014
how can ask this type of quires/


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :