TN-RERA Declares 4.5 Crore Mortgage obtained by the promoter from REPCO Bank is without any legal backing owing to the absence of authorization given by the landowners

Mr Rahul Jagannathan was engaged to appear before TN-RERA and had argued that the sanction of loan against the allottees property by REPCO bank in favour of the promoter was ex-facie illegal and without any legal backing.

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