dear sir, DRT Aurangabad has ordered auction in one matter for factory as well as house property but house property alone can satisfy repayment of dues, is there any way to save factory from auction pls.reply urgently.
Adv. nima Suryawanshi (Advocate) 08 January 2012
dear sir, DRT Aurangabad has ordered auction in one matter for factory as well as house property but house property alone can satisfy repayment of dues, is there any way to save factory from auction pls.reply urgently.
DEFENSE ADVOCATE.-firmaction@g (POWER OF DEFENSE IS IMMENSE ) 08 January 2012
the matter may be before recovery officer of DRT , application detailing these facts. Alternatively you can asl for phased auction.
AKSHANSH SINGHAL (ADVOCATE) 17 February 2012
possible remedy was to challange the notices u/s 13(2) and also remedy available under section 17 of SARFAESI Act,2002 n u can also file a writ and seeek stay on the said auction.
Ibrahim Deshmukh (Legal Consultancy) 02 March 2012
Dear Ms Suryavanshi, Our learned colleague Akshansh Singhal has replied you to the point - a perfect professional answer.
Ibrahim Deshmukh
Legal Consultant
AKSHANSH SINGHAL (ADVOCATE) 20 March 2012
Thank you Sir for mentioning my Answer
Regards
Akshansh Singhal
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