Debt Recovery By KSFC

Pallavi (Querist) 23 January 2009 This query is : Resolved
hi,

I have heard that there is new statute lined up that any property should not be auctioned by the Finacial corporations or debt recovery team during the recession? is that true? if so when will it be active?

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Manish Singh (Expert) 11 February 2009
dear pallavi,
i havent heard such kind of restrictions over the SARFAESI Act. please provide more details as notification and all that to be enlightened on the subject for the benefit of all.

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