SARFAESI : Section 1(4) of RDB Act relates to original jurisdiction of Debts Recovery Tribunal to entertain an application of banks or financial institutions for recovery of their dues from borrowers under said Act and by no means said provisions can be construed to have any bearing on jurisdiction conferred by SARFAESI Act to entertain an appeal under section 17 against any decision of secured creditor under section 13(4)
No comments:
Post a Comment