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SARFAESI

June 12, 2025
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Multiple aggrieved persons can file a single, consolidated application under SARFAESI Act- Kerala High Court

The Kerala High Court on 4th June, 2025 held that multiple aggrieved persons can file a single, consolidated application under SARFAESI Act. The case is Moideen Koya v. M/s. Pegasus

May 27, 2025
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DRT Can’t Decide Disputes under section 11 of SARFAESI Act; Must Be Referred To Arbitration : Supreme Court

Section 11 in The Securitisation And Reconstruction Of Financial Assets And Enforcement Of Security Interest Act, 2002 says: “ Where any dispute relating to securitisation or reconstruction or non-payment of

April 28, 2025
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Order passed by a Magistrate under Section 14 of the SARFAESI Act cannot be challenged by filing a revision petition under any provision of the BNSS or the Code of Criminal Procedure.

The Kerala High Court in Union Bank of India v. Manaf (2025 KLT OnLine 1816) vide its judgement dated 10/04/2025 held : The Magistrate ,exercising jurisdiction under Section 14 of