Wednesday, May 6, 2020

Recovery process u/s 13 of SARFAESI Act applies to Co-op/multi-State co-op banks: SC

FEMA, BANKING & INSURANCE: Recovery procedure prescribed under section 13 of SARFAESI Act is applicable to Cooperative banks registered under State legislation and multi-State cooperative banks and Parliament has legislative competence to provide additional procedures for such recovery (viz. amending SARFAESI Act)

from www.taxmann.com Latest Case Laws https://ift.tt/2SGwQIB
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