Tuesday 22 December 2015

DRT's jurisdiction to consider securitization application to be decided under RDDB Act and not CPC

SARFAESI: Jurisdiction of DRT to decide a Securitization Application under section 17 of SARFAESI Act, ought to be decided on principles enshrined in section 19(1) of RDDB Act rather than on basis of section 16 of CPC

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