Possession of the secured assets - Once all the requirements ...

Secured creditors can seek asset possession with help from Magistrates u/s 14 of the SARFAESI Act.

September 27, 2022

Case Laws Indian Laws SC

Possession of the secured assets - Once all the requirements under Section 14 of the SARFAESI Act are complied with/satisfied by the secured creditor, it is the duty cast upon the CMM/DM to assist the secured creditor in obtaining the possession as well as the documents related to the secured assets even with the help of any officer subordinate to him and/or with the help of an advocate appointed as Advocate Commissioner. - SC

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Possession of the secured assets - Once all the requirements ...

Secured creditors can seek asset possession with help from Magistrates u/s 14 of the SARFAESI Act.

September 27, 2022

Case Laws Indian Laws SC

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