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M/S. Sree Anandhakumar Mills Ltd. vs M/S. Indian Overseas Bank And Ors. on 3 May, 2018

17. The moment a prayer is made by the plaintiff in a suit, to set aside a sale executed in terms of the Securitisation Act, the appropriate remedy open to such a person is only to go before the Debts Recovery Tribunal. The law in this regard is well settled by the judgment of the Supreme Court in M/s. Sree Anandhakumar Mills v. Indian Overseas Bank in Civil Appeal Nos.7214-7216 of 2012, decided on 03-05-2018.
Supreme Court - Daily Orders Cites 12 - Cited by 34 - Full Document
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