Procedure for Sale or Auction Sale of ?Secured Asset’ under the provisions of SARFAESI Act, 2002?

While everybody appreciates the legislative intention behind enacting special legislations like RDDB Act, 1993 and SARFAESI Act, 2002, when it comes to the sale of mortgaged property through auction, many interesting points would emerge for consideration.  If it is a sale of mortgaged property pursuant to the Recovery Certificate issued by the Debt Recovery Tribunal … Read more

What to do when tenants are late with rent

In order not to stand at a disadvantage with your tenants in the future, every landlord must take due diligence when putting up a tenancy contract between the tenants and himself. You might need to consult an estate broker or a lawyer on this issue so as to do a good job. However, the two … Read more