Arbitration & SARFAESI Act Proceedings can be Resorted Simultaneously

Om Prakash Kumawat Vs Rekha Kumawat (Rajasthan High Court)

In case of Indiabulls Housing Finance Limited , the Apex Court, after appreciating Sections 35 & 37 of the SARFAESI Act, held that arbitration proceedings and proceedings under the SARFAESI Act can be resorted to simultaneously

Contention of learned counsel for the petitioners that in view of availability of arbitration clause and invocation of Section 9 of the Act of 1996, the proceedings under the SARFAESI Ac

Please become a Premium member. If you are already a Premium member, login here to access the full content.