francis (CHIEF) 01 July 2016
Sir,
Engage an able counsel for representing you. Find out if there is any proceeding going on in DRT. Also through counsel and personally try to reach out to bank officials and gain some time. Under SARFAESI Act banks can sell the property on as it is where is basis.Also the rent may be attached. The consequences are much. If you need further assistance you may reach out to me on the below given number.
Regards,
Rit Arora
Advocate
7838737001
adv.bharat @ PUNE (Lawyer) 01 July 2016
If one auction is unsucessful then other may be conducted within 15 days.
Bank can also take means profit i.e. rent consideration also.
francis (CHIEF) 02 July 2016
francis (CHIEF) 02 July 2016