DRT Auction Purchased Property Has Been Served With Notice U/s13(12) SRAFAESI | Vkeel - Free Legal Advice

Chetan

Kolkata

I have purchased a flat in 2018 from DRT under auction sale which was mortgaged with SBI. Today some people from PNB housing have come and posted a notice of symbolic possession under section 13(12) of SRFAESI stating a defaulter name different than the original defaulter of SBI. I have completed all formalities of registration of deed for my purchase and also taken possession of the flat and now I am residing there for the past one and a half years. What course of action can I take in this regard for my safety and how much same I am following the action of PNB Housing finance.

Expert's Answers(4)

Advocate Satej C More
Mumbai, Maharashtra

17 Client Ratings

Dear Client, Need to revert the PNB with the details documents looping the SBI Bank. Also need to send a legal notice to SBI in DRT as well as in Consumer forum. In case of any further advice please connect with me.

October 9, 2020
Advocate N Karthikkanna
Madurai, Tamil Nadu

60 Client Ratings

As you have completed all the formalities and taken possession, you need not worry. I hope the present defaulter might be a Surety/Guarantor of the defaulter whom have also took Loan from PNB. Talk to the banker and get known the facts. For further assistance please book for consultation and post your valuable review in my profile..

October 9, 2020
Advocate Abhimanyu Gurawalia
Patli Hajipur, Haryana

60 Client Ratings

you should have to meet with the bank authorities along with all the concerned documents

October 9, 2020
Advocate J L Naagar
Jalandhar, Punjab

169 Client Ratings

Get confirmed that the Sale Letter issued by DRT was weather issued and signed properly and was subsequently got registered in Your name with the office of Sub Registrar of the City and mutated in Your name with Civic Authorities. Then Contact the Bank and get the Records rectified in Your name. Please give me Rank Five and follow me after reviewing my resume and book a consultation for further discussion and explanation if required.

October 9, 2020