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Tag Archive for "buyers-are-receiving-legal-notices-from-bank" -

CentrikBlogsbuyers are receiving Legal Notices from Bank

Tag: buyers are receiving Legal Notices from Bank

Reply to Legal Notice under Section 13(2) of SARFAESI Act, 2002 Pertaining to Subvention Scheme

Posted by Adv. Shanu LambaPosted on September 11, 2021September 12, 20210 CommentsCategories Corporate Litigation-All In Way, Cross Border Advisory, Debt Recovery Management, Insolvency & Bankruptcy Code 2016, RERA ConsultingTags buyers are receiving Legal Notices from Bank, legal notice from the Bank under SARFASI Act, payment of due amounts under the SARFASI Act, payment of pre-EMIs due to lack of funding, pre-EMIs against the loan, Remedy for the Legal Notice Received from Bank, Reply to a Legal Notice, reply to notice under section 13 2 of sarfaesi act, Reply to Sarfasi Notice, sarfaesi reply notice format

The banks are aware of the builder’s liability to make all the payments to the bank according to the signed agreement among the bank, builder, and buyer. Therefore, the banks cannot chase or harass the buyers for payment of due amounts under the SARFASI Act, 2002.

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