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Enforcement of Security Interest Act, 2002 (for short `the SARFAESI Act'), which can be termed as one of the most ... Courts or Tribunals. 3. Section 13 of the SARFAESI Act contains detailed mechanism for enforcement of security interest. Sub-section
Supreme Court of India
- Cites 46 - Cited by 261 - Full Document
view of the bar under Section 34 of the SARFAESI Act. 2. The first respondent/plaintiff filed the suit ... Bank and action was taken under the SARFAESI Act and notice under Section 13(2) of the said
Madras High Court
- Cites 5 - Cited by 80 - Full Document
Security Interest Act, 2002 (hereinafter referred to as `the SARFAESI Act') and issued separate demand notices to the respondent partnership ... Bank, as also the vires of the SARFAESI Act, were challenged 3 by the respondent partnership firm and its sister
Supreme Court of India
- Cites 9 - Cited by 17 - ________________J. - Full Document
Financial Assets and Enforcement of Security Interest Act, 2002 ("SARFAESI Act" for short) because ... permit banks to assign debts; that the SARFAESI Act is an exclusive Act for assignment of debts and that
Supreme Court of India
- Cites 49 - Cited by 12 - S H Kapadia - Full Document
Authorised Officer of the Bank (Respondent No. 2)under SARFAESI Act proceeded to sell this property. Property could ... alternate remedy to challenge the auction that is provided under SARFAESI Act. Thereafter, it filed the appeal under Section
Supreme Court of India
- Cites 15 - Cited by 10 - A Sikri - Full Document
pass appropriate order in accordance with Section 14 of SARFAESI Act and take possession of the secured assets and hand ... Enforcement of Security Interest Act, 2002 (hereinafter called as SARFAESI Act). As the learned Chief Judicial Magistrate, Tiruchirappalli had dismissed
Madras High Court
- Cites 20 - Cited by 9 - Full Document
file an appeal before the Tribunal as provided under SARFAESI Act and therefore, when there is an effective alternative remedy ... available under SARFAESI Act, the writ petitions themselves are not maintainable. 4.3. The next submission of the learned senior counsel
Madras High Court
- Cites 27 - Cited by 6 - Full Document
Chief Judicial Magistrate, Virudhunagar under Section 14 of the SARFAESI Act, 2002, and quash the same ... Security Interest Act, 2002 (hereinafter referred to as 'SARFAESI Act'), as the provision empowers only the Chief Metropolitan Magistrate
Madras High Court
- Cites 47 - Cited by 5 - Full Document
Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act), for recovery of loan amounts due under a loan ... entertain a challenge against the proceedings under the SARFAESI Act. The petitioner therefore seeks the following reliefs
Kerala High Court
- Cites 25 - Cited by 4 - Full Document
Security Interest Act, 2002 (hereinafter referred to as „SARFAESI Act‟) does not allow trading in debts, and that MOU executed ... defendant under Section 13(2) of the SARFAESI Act. In this notice the defendant/IFCI Ltd. inter alia made
Delhi High Court
- Cites 51 - Cited by 4 - R Shakdher - Full Document
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