[Resolved]  State Bank of India — MISUSED SARFAESI ACT.

Address:

Gujarat

I HAVE TAKEOVER HOUSINF LOAN FROM UNION BANK OF INDIA, TO STATE BANK OF INDIA, JAMBUSHAR BRANCH IN THE MNOTH FEB,2007.

AS ON 18TH JAN,2009,BANK HAS ISSUE SARFASAI NOTICE.I HAVE DEPOSITED RS,70.000/-(RUPEES SEVENTY THOUSAND AS ON 4TH MARCH,2009.THE SAME DAY BANK HAS CHARGES THREE MONTH INTEREST AND SAME DAY BANK HAS RECALLED THE LOAN. FROM 4THE MARCH, TO 18THE MARCH 2009. I HAVE DEPOSTED RS.1.48.500/-((RUPEES ONE LAKHS FOURTY EIGHT THOUSAND FIVE HUNDERED ONLY).AND AS ON 26TH MARCH,2009.BANK HAS PUBLICE NOTICE IN DAILY NEWS PEAPER "SANDESH".

AS PER SARFASAI ACT.2002. WHEN AMOUNT OF OVERDUE IS MORE THEN 20% OF THE PRINCIPAL AND INTEREST THEN ONLY BANK CAN ISSUE SARFASAI NOTICE.
AFTER DEPOSIT RS.1.48.500/-(ONE LAKHS FOURTY EIGHT THOUSAND FIVE HUNDRED ONLY.) UPTO MARCH,2009 BANK CANNOT PUBLICE NOTICE IN NEWSPEAPER.


IN THE ABOVE CASE OFFICER OF THE BANK HAS MISUSD THE ACT. IN THE ABOVE MATTER RESULT IS MENTAL TOURCHARING AND DISCREDIT IN THE SOCIETY.ONLY AND ONLY BECAUSE OF MISBEHAVIOUS AND MIS USED ACT BY THE GUILTY AND ANTISOCIAL BANK OFFICE..

RBI AND STATE BANK OF INDIA RESPONSIBLE OFFICER HAS TO KEEP IN THE MIND THAT THERE MAY BE MANY OF THE SAME EXAMPLE IN COURSE OF BANKING SERVI9CES .


IN THE ABOVE CASE BANK OFFICER HAS TO TAKE ACTION AGAINST THIS TYPE OF GUILTY OFFICE.

I HAVE DEPOSITED RS.4.68.200/-(RUPEES FOUR LAKHS SIXTY EIGHT THOUSAND AND TWO HUNDRED ONLY UPTO[protected].

HOPE FOR JUSTICE FROM BANK AND RBI.


THANKING YOU. FROM

MANISH S DIXIT