francis (CHIEF) 05 January 2014
DEAR SIRS,
I HAVE GIVEN MY PROPERTY AS COLLATERAL SECURITY TO MY RELATIVE, BUT HE DIDNT REPAY THE LOAN PROPERLY, NOW I GET SARFESI ACT NOTICE FROM BANK.
MY QUERY:
IS THERE ANY POSSIBILITIES BY GIVING COMPLAINT AGAINST HIM.
WHAT IS THE SECTION FOR GIVING COMPLAINT.
REGARDS
FRANCIS
adv.raghavan (Advocate,9444674980) 05 January 2014
was there any QUID PRO QUO between you two.
Nadeem Qureshi (Advocate/ nadeemqureshi1@gmail.com) 05 January 2014
Dear Querist
no, you can not file complaint against him but you can file a civil suit for damage/recovery.
francis (CHIEF) 06 January 2014
Anand Bali Adv. (Advocate Solicitor & Consultant) 14 April 2014
Dear friend,
You can not withdraw your security by any means, only you can recover the same amount after the recovery from the bank out of your property is made. You can file a civil recovery case with damages.
Advised, always take assistance from an experienced and well educated Advocate of the field. You can see my credentials on site for my appraisal.
Click "LIKE" in appreciation of the above answer.
Anand Bali, Adv.
(B.Com., M.A., LL.B., M.B.A.)
Supreme Court Of India
Delhi High Court & Other
District, Tribunal & Consumer Courts.
Civil, Criminal, Property, Recovery, Consumer,
Service & Family Dispute Matters.
Phone: 9582144748
Sudhir Kumar, Advocate (Advocate) 16 April 2014
nothing more to add
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