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Comments on Statutory first charge of Government and position of the Bankers

c.p.s. ramachary

Wrote on 23 June 2012

There is no specific provision in the SARFAESI Act which enable the Bank to claim priority of charge over crown debts. Unless suitable amendments are made to those Acts Crown debts will have priority over dues of the banks

A.A.JOSE BARODA

Wrote on 21 June 2012

I entirely agree with the veiws expressed by the author in this commendable article.

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Comments on Statutory first charge of Government and position of the Bankers

c.p.s. ramachary

A.A.JOSE BARODA

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