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Bank Of Maharashtra vs Pandurang Keshav Gorwardkar & Ors on 7 May, 2013

17. The provisions of SARFAESI Act, 2002 have got an overriding effect over the provisions of the Companies Act, 1956 and applicability of Section 529-A is subject to provisos to Clause-9 of Section 13 of the SARFAESI Act, 2002. The Hon'ble Supreme Court in the case of Bank of Maharashtra (supra) with reference to Section 19(19) of the RDDB Act, has held that if the debtor company is not in liquidation nor any
Supreme Court of India Cites 78 - Cited by 45 - R M Lodha - Full Document
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