NANDKUMAR B.SAWANT.,M.COM.LL.B.(MUMBAI),ADVOCATEMOBILE.09325226691,09271971251e.mail.adv.nbsawant@yahoo.co.ine.mail.nandkumarbs@sify.com1.LOAN ARREARS FOR MORE THAN 1000000/- NOTICE UNDER SECURITISATION ACT.IS SENT BY BANK TO THE BORROWER AND SURETIES. PROPERTIES ARE ATTACHED .ANOTHER NOTICE FOR SALE OF PROPERTY ATTACHED IS SENT TO BORROWERS AND SURETIES AND PROPERTIES ATTACHED ARE SOLD.MOST OF THE CASES INNOCENT SURETIES WHOSE SIGNATURES ARE FORGED ON MOST OF THE DOCUMENTS ARE HELPLESSLY SUFFERING. D.R.T.IS ALWAYS FAVOURING BANKS. AMMENDMENT SERIOUSLY NEEDED IN THIS ACT.COMMENT
