Shortfall after SARFAESI Sale

PPB Important Laws Relating to Recovery of Dues Free JAIIB Capsule 22 views Updated
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PPB · Important Laws Relating to Recovery of Dues
If a bank auctions a property under SARFAESI but the sale proceeds are insufficient to clear the entire debt, what is the next legal step?
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If a bank auctions a property under SARFAESI but the sale proceeds are insufficient to clear the entire debt, what is the next legal step?

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This capsule covers Principles & Practices of Banking, Important Laws Relating to Recovery of Dues. Members get the complete explanation plus every other premium capsule, mock test and PDF.

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