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Legal topic: DRT | City: New Delhi | For legal opinion | Posted on 21 Jan 2023
 
I HAVE FLAT IN DWARKA DELHI WHICH IS GIVEN TO CANARA BANK FOR COLLATERAL FOR MY BUSINESS. MY ACCOUNT HAS GONE NPA. BANK IS GOING FOR FURTHER FOR SYMBOLIC POSSESSION. LOAN IS ON WIFE NAME AND MY MOTHER AGED 69 IS GUARANTOR AND OWNER OF THE PROPERTY. AMOUNT IS 54 LAKH. I WANT TO STOP BANK FOR TAKING ACTION AND ASKING FOR OTS. BUT BANK IS DENYING FOR OTS. PLS GUIDE WHAT NEEDS TO BE DONE
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