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Debabrata Banerjee   12 May 2019

original application before DRT

Bank has submitted an OA in debt recovery tribunal without 13(2) notice under Sarfeasi Act . I am told that there are several Supreme Court judments in support of that claim . What are the citations which say that 13(2) notice is not compulsory


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 2 Replies

SIVARAMAPRASAD KAPPAGANTU (Retired Manager)     13 May 2019

If you owe money, do not try to fight with Bank on technicalities. Approach bank for one-time settlement.  If you drag the case on unnecessary technical objections, the interest burden shall be mounting.

 

Having taken the loan, clear the loan like a good citizen.

Debabrata Banerjee   16 May 2019

sir , please help with at least one good citation

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