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What is Appeal Dismissed: SARFAESI Delay Case about?

1. The appellant filed an appeal challenging the dismissal of his application to condone a delay of 945 days in filing a SARFAESI application. 2. The Debt Recovery Tribunal dismissed the delay condonation application, finding that the appellant failed to provide convincing reasons for the long delay. 3. On appeal, the Debt Recovery Appellate Tribunal upheld the dismissal, noting that recent high court and supreme court decisions have held that there is no provision to condone delays in SARFAESI applicatio

Author

Pival K. Peddireddi

Language

EN