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Supreme Court Ruling on SARFAESI Act by Suraj Agarwal is a document available to read on EtoBox.

What is Supreme Court Ruling on SARFAESI Act about?

This document is a Supreme Court of India judgment regarding the sale of mortgaged property by a bank under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act). The Court analyzed whether the bank complied with the mandatory requirements of Rule 9 of the Security Interest (Enforcement) Rules, 2002 regarding the process for sale of immovable property. The Court held that the bank failed to comply with the mandatory timelines under Rule 9(1)

Author

Suraj Agarwal

Language

EN