Procedure to get back the property put on auction by bank

you need to approach the debt recovery tribunal for stay within stipulated period of sale as if there is any procedure lapse shown by bank in securetisation reconstruction and financial recovery act under section 13

Hi,
This is M.A RAHEEM KHAN Advocate, From : Hyderabad, @ lawrato.com

You have to file injunction suit against the Bank and his Manager to restrain them to give clearance to that person, and pray to the court that you will settle the matter by giving outstanding dues to the Bank.

Definitely you get the property. You have prove the case and the bank can't action the property. Above 10 lakhs only the bank has to power to auction the property through court . Your matter is only 4 lakhs only.