Tag Archives: secured

Sub clause (a) Sec 2(1)(o) SARFAESI Act violates Article 14: GHC

Declaring sub clause (a) of Section 2(1)(o) of The Securitisation And Reconstruction Of Financial Assets And Enforcement Of Security Interest Act, 2002 (“Act”) as discriminatory, a Division Bench of the Gujarat High Court recently ruled that creditors should not be … Continue reading

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Demand notice to be issued by secured creditor/officer: KerHC

The Kerala High Court has ruled that a demand notice to be valid and effective in law should be issued by a secured creditor or its authorized officer and not by their lawyer. The petitioners (debtors) defaulted on a home … Continue reading

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