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Sarfaesi act-2002 & bombay public trust act

(Querist) 27 January 2012 This query is : Resolved 
Can The Secured Creditor Bank Sell The Immovable Property of Trust Without Permission of Charity Commissioner? If yes in which situation?
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Devajyoti Barman (Expert) 27 January 2012
SARFAESI Act supersedes all other Acts.
Raj Kumar Makkad (Expert) 28 January 2012
If Trust had not obtained the prior permission of Charity commissioner prior to mortgage, why bank is required to go and obtain permission for recovery of its debts?

Mortgage itself supersedes all authorities.
M/s. Y-not legal services (Expert) 28 January 2012
yes.. bank can initiate the proceedings against mortgage..

-tom-
Shailesh Kr. Shah (Expert) 29 January 2012
Agree with views of ld. experts.
Shonee Kapoor (Expert) 29 January 2012
Nothing left to add.

Regards,

Shonee Kapoor
harassed.by.498a@gmail.com

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