Share
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string(1041) "[QUOTE=pkgandhi;1445205]Arey sir, how many properties in India have multiple registries. In case of disputes, the registrar will be asked for information but it is the courts that will make the decision. Please don't mock the judicial process in our country by arrogating even judicial powers to NA.
Just because builder was able to convey property on lien to someone else doesn't mean banks lose their right to judicial remedy. Not all banks in India are behemoths like SBI and they can't track every operational activity of the builder. I am not saying JP customers don't have rights as well, but this is a complex legal matter to be decided by the courts, not by some babu in Noida authority.[/QUOTE]
Even going by your logic. If banks did have right over land, they should have exercised their right by stopping the registration process of properties.
So banks acting careless and allowed this mess to be created. This fact will go very much against banks in court. No court can put interest of banks than of above home owners."
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Originally posted by pkgandhi
View Post
Arey sir, how many properties in India have multiple registries. In case of disputes, the registrar will be asked for information but it is the courts that will make the decision. Please don't mock the judicial process in our country by arrogating even judicial powers to NA.
Just because builder was able to convey property on lien to someone else doesn't mean banks lose their right to judicial remedy. Not all banks in India are behemoths like SBI and they can't track every operational activity of the builder. I am not saying JP customers don't have rights as well, but this is a complex legal matter to be decided by the courts, not by some babu in Noida authority.
Just because builder was able to convey property on lien to someone else doesn't mean banks lose their right to judicial remedy. Not all banks in India are behemoths like SBI and they can't track every operational activity of the builder. I am not saying JP customers don't have rights as well, but this is a complex legal matter to be decided by the courts, not by some babu in Noida authority.
So banks acting careless and allowed this mess to be created. This fact will go very much against banks in court. No court can put interest of banks than of above home owners.
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