Tuesday, September 28, 2021

Petitioner-borrower to approach DRT u/s 17 for his grievance against bank taking steps to sell secured asset

FEMA amp; BANKING : Where bank had taken measures under section 13 of SARFAESI Act and petitioner-borrower sought for writ of mandamus for bank to accept one time settlement figure, petitioner was directed to approach DRT in terms of section 17 for its grievance against bank taking steps to sell secured asset

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