Friday, 3 July 2015

Question as to whether accounts are correctly classified as NPA is a factual dispute: High Court

SARFAESI : Question whether a borrower has committed any default in repayment and whether account has been correctly classified as a NPA or not is a factual dispute which is not to be entertained in writ jurisdiction particularly when fora for adjudication thereof, i.e., DRT, in event of bank taking further action, is prescribed

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