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V M DAHAKE (PROPRIETOR)     08 October 2017

Debtors rights in case of security enforcement

Any case law saying creditor has to first realize offered / charged security before proceeding to other security, if asset coverage is adequate. Any principles laid down anywhere?


 2 Replies

manoj   08 October 2017

The Supreme Court observed in Jithendranath Singh Vs The Official Liquidator & Ors, decided on 21/Sep/2012 

1 Like

V M DAHAKE (PROPRIETOR)     08 October 2017

Thanks Manoj, for such a prompt reply.


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