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Date : Feb 10, 2009

Question

Hi Harsh I have availed loan from ICICI Bank for a appt,the loan was disbursed and property was registered in my name.later i got notice from another bank stating that they have property mortgaged to them.we have filed a criminal case against the builder but would like to know what was ICICI bank which provided loan to me after doing their verification for the same property.what action can be taken so that either they particpate in the issue or else we need to act against it.please advice.thsi has been issue for 33 folks

Answer

Please consult a local lawyer and check if you can make out a case of the gross negligence against the lender.It is unlikely but you can definately try.

 

 

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