Debt And Loan From Bank Turning NPA

It cannot sell your personal property and see that it is mutated in the name of your daughter and she may file a suit and get injunction against the bankers. Discuss

After SARFEASI latest amendment, Banks are the worst financers.. All rules are tuned to favour the bank.. Its getting worse & worse, bank officials are greedy and looting people like anything.. Its alarming time to bring to light.. Answer is yes, they can.. Better act soon.. There are some alternate remedies available to defeat this Bank's plan.. But you need to defend it with a good advocate having thorough knowledge about SARFEASI Act.. For further assistance plz book for consultation and I'll give complete personalised suggestions. Regards

Yes Bank can if the other Land is hypothecated by you to the Bank at time of sanctioning the Loan. But then you could have Work out with the Bank for settlement of Loan .

The property which is gifted in favour of your daughter is not belongs to your personal property .By the deed of gift your daughter became the absolute owner of the property. Here record of rights or mutation doesn't matter .So the bank has no right to acquire or to sell your daughter's property. For further quaries you are always welcome by consulting me through vkeel aap and do give me rank 5 star .Thank you .