Bank seizing property without proper notice

What you need to know

Under SARFAESI Act, banks must follow strict procedure — 60-day notice, valuation, and public notice — before auctioning secured assets. Any procedural deviation makes the action legally challengeable at DRT.

Your rights

60-day notice before any action on property

Challenge improper procedure at Debt Recovery Tribunal

Stay on auction if procedural violations found

Redemption by paying dues before auction

What you should do now

Action first

Check if procedure was followed and reply within 60 days

Verify you received proper Section 13(2) notice with correct details
If you can repay — contact bank immediately to arrange
If you dispute — send written reply challenging amount or procedure

If auction is scheduled

Approach Debt Recovery Tribunal (DRT) for stay of auction
DRT can stay auction if proper procedure was not followed

Acts applicable

SARFAESI Act 2002

central

Section 13 — Enforcement of security interest — strict procedure

Where to complain

Debt Recovery Tribunal RBI Banking Ombudsman Gujarat High Court — e-Filing / Case Status

Consumer complaint portal: e-jagriti.gov.in (replaced edaakhil.nic.in as of Jan 2025). Labour complaints: col.gujarat.gov.in. All links verified June 2026 via web search against official government sources.