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Introduction The jurisdiction of civil courts in matters involving proceedings under the Securitisation and Reconstruction of Financial Assets and Enforcement of
Introduction The Bank Has Issued a Sale Certificate. Is the Property Completely Safe to Purchase? Many purchasers participating in SARFAESI auctions
Introduction The Auction Notice Mentions a Pending Section 29 Application. Should You Bid? Many auction purchasers come across a statement in
Introduction Many purchasers interested in SARFAESI auction properties come across auction notices containing a statement such as: “Securitisation Application (S.A.) under
Introduction SARFAESI auction properties often attract buyers because they are perceived to be available at prices lower than prevailing market rates.
Introduction One of the most common questions asked by borrowers and guarantors facing recovery proceedings is: “Can the Debt Recovery Tribunal
I Only Signed as a Guarantor. Can the Bank Proceed Against Me? This is one of the most common questions asked
Introduction Receiving a summons from the Debt Recovery Tribunal (DRT) can be alarming. Many borrowers assume that once a DRT summons
Introduction Many borrowers are shocked when they discover that the Bank has taken possession of their property under the SARFAESI Act.
Introduction The legal profession occupies a unique position in a constitutional democracy. Unlike many other professions, advocacy is not merely a
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