Stay over property being auctioned by Bank
We have participated in a bank auction and were the successful bidder for an apartment. However the previous owner has approached the court for stay. He has requested the court that he would pay 7 lakhs on 23rd january and then within 45 days he will pay the rest 43 lakhs, for which court has agreed and sent a letter to bank stating in case if he doesn't pay the former on 23rd jan jis stay will be vacant and the bank can continue its procedings. The previous owner has not paid a single peny yet to the bank. So please advice what will the courts decision in its next hearing..
Connect with top Property lawyers for your specific issue
Answers (1)
Googling your legal issue online?
The internet is not a lawyer and neither are you.
Talk to a real lawyer about your legal issue.

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 Property Lawyers at LawRato.com 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 LawRato.com or contact a Lawyer of your choice to address your query in detail.
Connect with top Property lawyers for your specific issue
Related Questions
- How to claim property as per Hindu Succession Act
- Can a property which is on lease be purchased
- succession under hindu joint family law in matter of ownership
- Company acquired land promised to give job still not received any job
- Daughter's right to property according to amendment of Succession Act
- Succession rights of a widow after remarriage
"LawRato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
Related Articles
- how to get building completetion & occupancy certificate
- Can a Gift Deed be challenged in India? - Property Gift Deed Rules
- Sons and Daughters Rights in Father's Property
- Illegal Possession of Immovable Property/Land
- Joint Ownership of Property
- Family Property Dispute Legal Solution
- Transfer of Property to Legal Heir after Death
- How to Resolve Land Dispute
- How to sell property in pagdi system
- Grandson's Right in Grandfather's Property
- Hakka Sod Patra in Maharashtra
- How to get succession certificate
- Property Document Verification in Bangalore
- Ancestral Property Partition and Family Rights
- How to send property partition legal notice?