Deepak Puri

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  • Above given text is Complete Court order passed by DRT Court.

    I talked to my lawyer about it. He is confirming that only 1 lac amount have to pay.

    When I visited to FI office to pay 2nd 50,000/- draft. I talked to FI’s legal executive dealing with me in this matter. He also commit that this amount is final amount and they will issue NOC in 15 days and return documents within 1 month as this is procedure of closing Home loans.

    After 21 days I made a call to FI legal executive asking him NOC and property documents. He started playing dirty tricks.

    Totally confused: My lawyer lied to me about this order or FI playing dirty tricks with me.

    This is complete text of order:-

    Heard both sides. The counsel for the applicant submitted that there are only 10 installments due of Rs. 5409/- and whereas the counsel for the respondent FI submitted that there is Rs. 1,27,000/- as per notice under Section 13(2) of the SARFAESI Act besides the legal expenses. At the balance of equity, it is a fit case to give a direction to the securitization applicant to deposit Rs. 1.00 lacs towards the balance amount and delayed interest and legal expenses also. On such payment, the respondent FI shall return the title documents to the securitization applicant immediately. The said amount is payable in two installments. The first installment of Rs. 50,000/- within 15 days and the balance amount of Rs. 50,000/- within 15 days thereafter.

    With the above directinos, SA itself is disposed off.

    Thanks for reply.

    You have good knowledge and experience about laws and judgement. Can you please predict something about this case, if possible. I’ll be ready to face that situation in advance.

    I filed a case in DRT on dt. 6-10-2017 through my lawyer. Please let me know, how many days it takes to hear me in DRT Court.

    thanks for your reply Ashok Dhamija ji.

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