DRT to Use RDDB Act Section 19(1) for Jurisdiction in SARFAESI Applications, Not CPC Section 16.

DRT whilst deciding whether it has territorial jurisdiction to entertain a Securitisation Application filed under section 17 of the SARFAESI Act would be guided by the principles enshrined in section 19(1) of the RDDB Act and not by section 16 of the Code of Civil Procedure, 1908. - HC .....

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