Ker. HC: Person Incapable of Making Defence Due to 'Alzheimer's Dementia' Entitled to Protection  ||  Calcutta High Court: Court Cannot Re-appreciate Evidence Under Guise of Patent Illegality  ||  Ker. HC: ‘Functionality Assessment Test’ to be Done for NEET Aspirant With 50% Locomotor Disability  ||  Seat Matrix Issue: Delhi High Court Rules in Favour of Delhi University  ||  SC: Can’t Pass Uniform Directions in Matters of Evening Courts & Virtual Hearings at District Level  ||  SC: Process of Judicial Appointments to Superior Court is Not the Prerogative of a Single Individual  ||  SC: Employees of APSRTC Appointed in Region of Telangana to be Employees of TSRTC  ||  Jharkhand Govt. Approves Medical Insurance, Monthly Stipend for Lawyers  ||  SC: Can’t Use PIL Jurisdiction for Formulation of Centralized Rating Mechanism of Taxpayers  ||  Death Penalty Execution: SC to Lay Down Procedure to Avoid Delays Once Mercy Petition is Rejected    

Allahabad High Court: Can’t Decide Jurisdiction of DRTs Solely on the Basis of Location of Asset - (15 Apr 2024)

BANKING

Allahabad High Court has held that for entertaining application under Section 17 of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, the jurisdiction of Debt Recovery Tribunals (DRTs) cannot solely be based on the location of the asset.

Tags : ALLAHABAD HIGH COURT   DEBT RECOVERY TRIBUNALS   JURISDICTION   SARFESI  

Share :        

Disclaimer | Copyright 2024 - All Rights Reserved