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Delhi HC: Proceedings under SARFAESI Act Remain Unaffected by Orders Passed Under SEBI Act 1992 - (25 Jul 2023)

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Delhi HC has observed that the proceedings under SARFAESI Act, 2002 will remain unaffected by the orders passed under SEBI Act, 1992 as provisions of SARFAESI Act “creates a prioritization” i.e. the debts of secured creditor to be prioritised over dues to government or local authority.

Tags : DELHI HC   SARFAESI ACT   2002   SEBI ACT   1992  

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