I have purchased a property through Bank Auction under symbolic possession.
The property was registered and i am waiting for physical possession.
Details: The property was purchased by (A)owner during the year of 1947 and the (A) owner was transferred the property to her two Sons ( B& C) by settlement deed during the year of 1974.
The (B) Son was taken a bank loan for an amount of Rs 1.5crore against his property during the year of 2010 and he was not paid any EMI for his loan and the property is under NPA.
The bank was executed the selling process through E- auction and I was bidden/ took sales certificate and it was registered in June 2020. Now i am waiting for Physical possession.
Now the previous property owner (B) is telling that, my sister is going to claim the property since it was in my mother’s name.
Now please guide me that, is there any rights to claim this property by his sisters.(B’s sisters) since it was sold by bank.
A -have 2 son & 3 daughter and her husband was expired during 1970.
B -Father no more, mother no more, His wife also expired and there is no children for him
Regards
John