SC Issues Direction to Centre and State for Effective Implementation of DV Act  ||  SC Frames Uniform Pattern for Pay in District and State Consumer Commissions Across All States& UTs  ||  Kerala High Court: Patient’s Death Due to Mere Error of Judgment Doesn’t Create Criminal Liability  ||  SC: LDCE Quota for Promotion as District Judges to be Increased from 10% to 25%  ||  SC Grants Bail to 65 Years Old Accused in Cheating and Forgery Case  ||  SC Clarifies its Order Staying Release of In-Service Women Officers of the Indian Army  ||  SC to Settle Conflicting Views Regarding Interpretation of Order XXI Rule 97 of CPC  ||  SC: JJ Act, 2015 Confers No Power Upon Juvenile Justice Board (JJB) to Review its Own Orders  ||  NCLAT: IRP Has Authority to Take Possession of Assets Owned by Corporate Debtor  ||  NCLAT: NCLT Can Direct Forwarding a Copy of its Order to Relevant Statutory Authorities    

Delhi HC: Invocation of S. 13 SARFAESI Act Results in General Bar to Civil Court Proceedings - (03 Feb 2022)

BANKING

Delhi High Court has held that invocation of Section 13 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 results in a general bar to civil court proceedings, in light of Section 34 of the Act. However, this general rule is subject to the exceptions of fraud or absurd claims by the secured creditor.

Tags : DELHI HIGH COURT   INVOCATION OF S. 13 SARFAESI ACT  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved