This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Proceeding under SARFAESI Act and IBC is saved from provision providing precedence to BUDS Act
Case Law Details
- Case Name
- HDB Financial Services Limited Vs Sub Registrar (Kerala High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Kerala High Court
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
HDB Financial Services Limited Vs Sub Registrar (Kerala High Court)
Kerala High Court held that action/proceeding under the the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 [SARFAESI Act] and the Insolvency and Bankruptcy Code [IBC] is saved from the provision providing precedence to the Banning of Unregulated Deposit Schemes Act, 2019 [BUDS Act].
Facts- One Rajeev A.R and one Sunitha Kumari S.R (the borrowers) availed loans from the petitioner-financial institution by mortgaging all pieces and parcels of the land. The borrowers defaulted...
Author Info
