Factory Install on Mortgage Property

The 1st charge against the property lies with the bank. If the owner fails to repay the loan, your brother can repay the loan on his behalf with the permission of the Bank.

1. Bank can legally Seal and Auction of the Land & all appurtenance, by following due procedures of law, to recover its money, without any exceptions or reference as to what work is being carried out on the mortgaged property.

Keep Smiling .... Hemant Agarwal
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