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atul mehta (director)     25 September 2011

Sarfaresi act

Can anyone inform me what defence a client can take to delay the notice under sarfaresi act by a bank.



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 5 Replies

Anjuru Chandra Sekhar (Advocate )     25 September 2011

Why do you want to delay?

Md Zaryab J Rizvi (Principal Partner)     26 September 2011

Dear Mr Mehta,

 

There are many defences which people take to delay the recovery under SARFAESI. It would be better if you could detail your query. What is the status of the Due? Is NPA  time barred? What is the stage of proceedings? Which Notice has been received u/s 13 (2) or 13(4)?

 

Hon'ble Supreme Court has give detailed Judgments defining the proceedure which should be adopted on the issue. 

 

 

Regards,


Zaryab Rizvi 

Advocate - Delhi

0-99997-84700

DEFENSE ADVOCATE.-firmaction@g (POWER OF DEFENSE IS IMMENSE )     26 September 2011

Mr chandrashekhar people have problems and hence can not pay , you can not sent every body in jail.

Regarding the  SARFAESI act there are no of methods to delay but it depends on case to case.

DEFENSE ADVOCATE.-firmaction@g (POWER OF DEFENSE IS IMMENSE )     26 September 2011

Mr chandrashekhar people have problems and hence can not pay , you can not sent every body in jail.

Regarding the  SARFAESI act there are no of methods to delay but it depends on case to case.

A. A. JOSE (LAWYER; LEGAL ADVISER/CONSULTANT& TRAINER)     26 September 2011

Dear Mr.Mehta,

 

I suggest you may refer one of the celebrated case decided by the Hon'ble Supreme Court,  in the matter of M/s.Maradia Chemicals, judgement copy has been posted in the site couple of days ago.
 


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