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mid day editorial: Erring firms must be held liable for their faults

They, too, had a harrowing story to tell

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A day after this paper published a report about a couple who has been left in limbo because a financial institute has misplaced their Sale Deed or Sale of Agreement papers, there have been a few readers who have written in claiming that they experienced a similar situation. They, too, had a harrowing story to tell.

According to our report, an Andheri couple who had taken a loan from a financial institution years ago to buy a home and were paying it off over years, finished paying their loan. They asked the institute to return their documents and that is when they learnt that the Sale of Agreement has been misplaced. Their nightmare began, but it has been months the paper has not been found and they have subsequently been unable to sell a home on the outskirts of the city because buyers are wary of buying a home without the original Sale Deed.

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