632+ Lawyers are online 
Bank loses original sale deed documents. What should be my next step?
01-Oct-2023 (In Consumer Court Law)
I had taken a housing loan from LIC in the year 2010. This loan was taken over by HDFC housing last year. After the closure of the loan LIC has not been able to retrive or return my original sale deed documents. They have misplaced/ lost the documents. HDFC is pressurizing me to close the current loan since they do not have any security for the loan that they have provided. Though LIC has assured me that they will get a duplicate document created. This is a major deficiency in the service and the property value seems to be questionable as there are no original documents. Next steps?
26+
Adv. Chandrashekhar Vithal Jadhav
Bangalore | 200+ Answers
CONTACT NOW
Does bank keep original documents for home loan
documents-not-returned-by-bank-after-repayment-of-loan
Documents not returned by bank after repayment of loan india
Documents not returned by bank after repayment of loan in hindi
Documents not returned by bank after repayment of loan sbi
Documents not returned by bank after repayment of loan hdfc
RBI circular on release of property documents
Documents to be collected from bank after home loan closure
Going by what you have shared herein, it is advised that LIC can be sued for lost of documents since the same constitutes deficiency of service on their part. Also take in return from the LIC regarding alleged loss of documents.
29+
Adv. Ankur Aggarwal
Delhi | 100+ Answers
CONTACT NOW
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 lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
