Funds released by banks when building has no occupancy certificate

Society, 250 flats, 30 yrs old, 90% owned by Canara Andhra Syndicate Banks rest private owner. Lift, Fire safety violations, huge property and water tax dues, Garage space encroachd and used commercial y, Banks in connivance with committee releases huge funds, no OC No Convayance..wrote Dy Register,Municipal,Fire,but did nothing but only issue irregularities. Mumbai. It is also strange how release funds when buildings no Occupation Certificate and Conveyance?

Answers (2)

82 votes

Dear Client,
With the explanation given by you about the irregularity what is your expectation? Do you plan to sue the bank and the society stake holders? If that is the case, then approach some good Advocate for proper consultation. Post referring your documents, future steps can be advised.

Justice takes time but you can be rest assured, IT WILL BE DELIVERED.


Googling your legal issue online?

The internet is not a lawyer and neither are you.
Talk to a real lawyer about your legal issue.

202 votes

For giving proper advice I need to go through the relevant information and documents. However you will have file a proceedings before co operative court or before appropriate court of law. After going through the documents then suitable advice can be given to you.

Popular Banking / Finance Lawyers

Advocate Bala Janaki
330 Thambuchetty Street, Chennai
35 years Experience
Advocate Barkha Bhalla
Banjara Hills, Hyderabad
17 years Experience
Advocate Vijay Tangri
Saket, Delhi
21 years Experience
Advocate Ravi Jadhav
Koregaon Park, Pune
12 years Experience

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at and has been responded by one of the Banking / Finance Lawyers at to address the specific facts and details. You may post your specific query based on your facts and details to get a response from one of the Lawyers at or contact a Lawyer of your choice to address your query in detail.

Related Questions

" has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."

Related Articles