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What is Supreme Court Ruling on SARFAESI Act Arbitration about?

The Supreme Court ruled in favor of Punjab National Bank, affirming that disputes between secured creditors over securitized assets must be resolved through arbitration as mandated by Section 11 of the SARFAESI Act, even in the absence of a written arbitration agreement. The court emphasized that the SARFAESI Act creates a legal presumption of an arbitration agreement between the parties involved in such disputes. This decision upheld previous rulings that inter-creditor disputes should not be adjudicated b

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akashraj8212

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