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Supreme Court Mandates Speedy Resolution of Securitisation Matters by DRTs under SARFAESI Act
Case Name: Indian Overseas Bank Versus M/S Radhey Infra Solutions (PVT.) LTD. & ORS. Introduction: The Apex Court of Country, in a present case, decisively condemned the Debt Recovery Tribunal (DRT) , Dehradun, because of its Non-compliance to adhere to the statutory timeframe required under the SARFAESI Act i.e. Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. The Bench led by Justice Sanjay Kumar and Justice Alok Arad
Oct 283 min read
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