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S.Krishna Prasad   03 July 2018

Original title deed possession

Who is authorised to receive the original title deed document from the Bank, the nominees mentioned by the debtor in the loan application form or the surety who has cleared the entire loan according to sections 140 & 141. Please kindly clarify.


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 1 Replies

Adv Deepak Joshi +917017821512 (Advocate)     03 July 2018

When surety cleared the loan amount then he stand at equal footing with the principal debtor, he may get the original deed papers.

Surety will have all the rights as bank have.


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