Asked in Financial services regulation
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.
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.
Need to serve demand notice us*Phone*and after sixty days possession notice need to be serve.
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