15 July 2023
Dear experts, If a person obtains 2 loans from a bank: 1) secured OD against a land and building 2) Housing loan Both loans under different account numbers. So if the person repays the housing loan and yet to repay the secured OD. The bank has not released the house documents as the secured OD is outstanding. Can the bank person initiate action against both the property? Or just the secured OD?