Bank failed to prove measure taken for sale of property is in conformity with SARFAESI provisions

Karnakata Bank Limited Vs Mahadeshwara Bricks (DRAT Chennai)

DRAT Chennai held that measures taken under SARFAESI Act for sale of property is not in accordance with also since affixture of the impugned sale notice was not proved by the appellant bank and valuation of the property was not properly done.

Facts- This appeal is filed under Section 18 of the SARFAESI Act, against the order passed in SA No.465/2012 by Learned Presiding Officer, DRT, Bangalore on 21.10.2013. Respondents 1 and 2, who are the applicants in the said SA, challenged the possession notic

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