Tribunal under the DRT Act is also the Tribunal under the NPA Act . Under Section 19 of the DRT Act read with Rule ... fees for filing such application to DRT under the DRT Act and, similarly, a borrower, aggrieved by an action under Section
Act . However, this primacy has not been extended to other provisions like
Section 38C of the Bombay Act and Section 26B of the Kerala Act ... DRT Act and
Section 35 of the Securitisation Act give overriding effect to the
provisions of those Acts only if there is anything inconsistent contained
follows:
"5. An analysis of the provisions of the DRT Act shows that
primary object of that Act was to facilitate creation of special ... banks and financial institutions. This is
the reason why the DRT Act not only provides for establishment of the
Tribunals and the Appellate Tribunals with
P.M.Kelukutty vs Young Men'S Christian Association on 19 January, 2016
Equivalent
Act or the DRT Act . Section 35 of the
.
SARFAESI Act is substantially similar to Section 34(1) of the DRT
Act. It declares that ... Courts continue to ignore the
availability of statutory remedies under the DRT Act and SARFAESI
rt
Act and exercise jurisdiction under Article 226 for passing
Tribunal under the DRT Act is also the Tribunal under the NPA Act . Under Section 19 of the DRT Act read with Rule ... fees for filing such application to DRT under the DRT Act and, similarly, a borrower, aggrieved by an action under Section
Tribunal under the DRT Act is also the Tribunal under the NPA Act . Under Section 19 of the DRT Act read with Rule ... fees for filing such application to DRT under the DRT Act and, similarly, a borrower, aggrieved by an action under Section
Tribunal under the DRT Act is also the Tribunal under the NPA Act . Under Section 19 of the DRT Act read with Rule ... fees for filing such application to DRT under the DRT Act and, similarly, a borrower, aggrieved by an action under Section
Tribunal under the DRT Act is also the Tribunal under the NPA Act . Under Section 19 of the DRT Act read with Rule ... fees for filing such application to DRT under the DRT Act and, similarly, a borrower, aggrieved by an action under Section
M/S.Gugan Paper Mills Ltd vs The Presiding Officer on 8 November, 2016
Bench