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P&H HC Directs Borrowers to Approach DRT/DRAT Under SARFAESI
Case Law Details
- Case Name
- Paramhans and another Vs Religare Housing Development Finance Corporation and others (Punjab and Haryana High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Punjab and Haryana HC
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Paramhans and another Vs Religare Housing Development Finance Corporation and others (Punjab and Haryana High Court)
The Punjab and Haryana High Court has directed borrowers to use statutory remedies under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act), rather than approaching the High Court directly. In the case of Paramhans and another Vs Religare Housing Development Finance Corporation and others, the petitioners had challenged a notice issued under Section 13(4) of the SARFAESI Act. The court, citing ...
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