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My property gets npa and failed to pay amount after section134 bu
01-Jun-2025 (In Property Law)
Bank if order auction notice then relief can be given by drt if yes then cost of filing case against bank in drt how much for getting stay order
Yes, you can approach the DRT (Debt Recovery Tribunal) for relief if the bank has issued an auction notice. You may seek a stay on the auction by filing a Securitisation Application under Section 17 of the SARFAESI Act. The filing cost depends on the outstanding loan amount and the tribunal's fee structure, which may vary but is usually between ₹12,000 to ₹1,50,000. Additionally, lawyer fees may apply. Timely filing with proper documents increases chances of obtaining a stay.
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Adv. Jayasree Gayen Paul
Kolkata | 25+ Answers
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