Court fees to be paid in application u/2 17 of sarfaesi

Mukesh (Querist) 03 November 2018 This query is : Resolved
1) which rules governs the Court fees to be paid while preferring application under section 17 of sarfaesi Act,
2) I understand that Rs. 100000 is max fees to be paid when an borrower files application under section 17; and definition of borrower includes guarantors. My query is what fees should a guarantor pay when in the application he purports to file, he is challenging that he is not a guarantor for various reasons. should he pay Rs 1 lakhs or Rs 50000/-. Amount of debt is 20crs. My opinion is that if he pays 100000 then he is himself admitting that he is a Borrower (guarantor)

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Isaac Gabriel (Expert) 03 November 2018
You ar going to file appeal, for which you need to engage lawyer. The lawyer will check up with the court since it differs depending upon the value.