SC Orders BCI Probe After Party Denies Engaging Advocates in Fraudulent Settlement Case  ||  SC Orders District-Wise Survey to Ensure POSH Act Compliance by Employers  ||  NCLT: No Sale of Assets Below 25% Reserve Price Cut Under Liquidation Regulations  ||  SC Bars Action Against 10-Yr Diesel & 15-Yr Petrol Vehicle Owners in Delhi NCR  ||  SC: Convict Completing Fixed-Term Life Sentence Can Be Freed Without Seeking Remission  ||  SC Appoints Justice Nageswara Rao as Ombudsman of Bihar Cricket Association  ||  SC Seeks NHRC, NCW, NCPCR Replies on Pleas Against Islamic Divorce Practice 'Talaq-e-Hasan'  ||  SC Seeks NHRC, NCW, NCPCR Replies on Pleas Against Islamic Divorce Practice 'Talaq-e-Hasan'  ||  Delhi HC: Income Tax Evasion Complaint Not Premature Despite Pending Reassessment  ||  Patna HC:Before Harshest Punishment, Authority Must Consider Officer’s Reply    

Karnataka HC: Provisions of Rent Act Will Not Have Overriding Effect Over Provisions of SARFAESI Act - (09 Dec 2021)

BANKING

Karnataka High Court has said that a secured creditor has precedence and first charge over the secured assets, under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI), and provisions of the Rent Act, 1999 would not override provisions of SARFAESI Act.

Tags : KARNATAKA HIGH COURT   PROVISIONS OF RENT ACT  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved