Regarding Surface Act

Asked in Financial services regulation

  • Avinash

    Bangalore

Expert's Answers(3)

  • Advocate J L Naagar

    Jalandhar, Punjab
      169 Client Ratings

    No individual is authorised under any circumstances to take benefit of this provisions of Law. It is only for Banks to move under it for recovery of public money. Please give me Rank Five and follow me after reviewing my resume and book a consultation for further discussion and explanation if required.

    March 18, 2021
  • Advocate Anik

    Bengaluru, Karnataka
      65 Client Ratings

    Hi, Only banks and other financial institutions can recover money under the SARFAESI Act. As a private individual, you can file a civil suit for money recovery. The time taken will depend on the facts and issues surrounding the case. If you found this helpful, please rate us.

    March 13, 2021
  • Advocate Satej C More

    Mumbai, Maharashtra
      16 Client Ratings

    Need to serve demand notice us*Phone*and after sixty days possession notice need to be serve.

    March 13, 2021