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“Once an order has been passed under Section 14 of the SARFAESI Act, the authorities are required to act in pursuance of the same and as per the provisions of the Act. The mechanism used by the borrowers to wiggle out of their liability cannot be countenanced by us.”
The Appointments Committee of the Cabinet appointed 11 new Presiding Officers and extended the additional charge arrangements of 8 existing Presiding Officers in various cities.
Madhya Pradesh High Court: The Division Bench of Sujoy Paul and Prakash Chandra Gupta, JJ., disposed of a petition reserving liberty to
Bombay High Court: The Division Bench of Sunil B. Shukre and Anil S. Kilor, JJ., held that mandate of Section 34 leaves
Madras High Court: A Division Bench of Rmt. Teeka Raman and P.D. Audikesavalu, JJ. imposed costs of Rs 25,000 on Central Bank of