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Case Name : Capri Global Housing Finance Ltd Vs State of Madhya Pradesh & Ors (Madhya Pradesh High Court)
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Capri Global Housing Finance Ltd Vs State of Madhya Pradesh & Ors (Madhya Pradesh High Court) Madhya Pradesh High Court held that re-entry into mortgaged property is illegal hence authorities are required to provide assistances and aid to the petitioner in dispossessing the borrower from the mortgaged property. Accordingly, writ allowed. Facts- Petitioner is a financial institution as defined under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. Petitioner company extended the loan facility to the borrower in lieu of property mortga...
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