Wednesday, October 28, 2020

Interference by HC wasn’t called for when creditor followed due procedure to initiate proceedings under SARFAESI

FEMA, BANKING & INSURANCE : Where appellant, secured creditor had complied with procedure prescribed under SARFAESI Act before initiating proceedings under SARFAESI Act and calling upon respondents to pay outstanding dues and respondent borrowers were unable to justify error in procedure being followed by appellant, no interference by High Court in its limited scope of judicial review was called for

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000196641/interference-by-hc-wasn’t-called-for-when-creditor-followed-due-procedure-to-initiate-proceedings-under-sarfaesi.aspx

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