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Stay on property possession by bank on medical grounds from high court


27-Aug-2023 (In Property Law)
Hi, We took a cc loan of 1.8cr and has mortgaged our property. Our account was good until my father was diagnosed with liver Cirrhosis. He was on bed rest for 2 years and our business collapsed. Due to which we became NPA for the bank. Now, bank has issued the orders for our property possession, and we live in the house. We are willing to go to high court for the stay , but our lawyers is saying that it is risky, that we don't get stay we will have to vacate our house. Is there any possibility for a stay order from high court on medical ground ? What can be done now ? Thanks
Answers (1)

Answer #1
575 votes
स्टे मिलना आसान नही है पर मेडिकल ग्राउंड पर एक बार स्टे एप्लीकेशन लगा कर प्रयास किया जा सकता है आपके व्यापार की सारी जिमेददारी आपके पिताजी के नाम से शो होना चाहिए ताकि सारि देनदारी उन्ही के नाम से शो हो

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