Whether the bank has to give physical possession of the auctioned property to the sucessful aution bidder or symbolic possession is enough ? Please clarify the matter.
RAMESH BABU (AUDITOR) 13 November 2014
Whether the bank has to give physical possession of the auctioned property to the sucessful aution bidder or symbolic possession is enough ? Please clarify the matter.
V M DAHAKE (PROPRIETOR) 14 November 2014
Hi Ramesh Babu,
Banker has to give a real physical possession, as is advertised / offered for sale.
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