Section 18 of
the Securitization and Reconstruction of Financial Assets and
Enforcement of Security Interest Act, 2002 which is quoted below.
"18. Appeal ... cent of the amount of debt due from him, as claimed by the
secured creditors or determined by the Debts Recovery
Tribunal, whichever is less
India and/or the Securitization and
Reconstruction of Financial Assets and Enforcement of Security
Interest ... Banking Regulation Act, 1949
and/or the Recovery of Debts Due to Bank and Financial
Institutions Act, 1993 and/or the Credit Information Companies
(Regulation
Enforcement of Security Interest Act, 2002 as well as the
provision contained in Section 2 (d) (vi) of the Recovery of
Debt Due to Banks
Enforcement of Security Interest Act, 2002 as well as the
provision contained in Section 2 (d) (vi) of the Recovery of
Debt Due to Banks
Enforcement of Security Interest Act, 2002 as well as the
provision contained in Section 2 (d) (vi) of the Recovery of
Debt Due to Banks
under section 17 of the Securitisation &
Reconstruction of Financial Assets and Enforcement of Security
Interest Act, can be condoned by invoking section ... reason that under the Securitisation Act itself, the provision of
Recovery of Debts Due to Banks and Financial Institutions Act has
been made applicable
Bank instituted proceedings
under the Securitisation and Reconstruction of Financial Assets
and Enforcement of Security Interest Act, 2002 (for short, 'the
SARFAESI ... Government of India to all the Presiding
Officers of all Debts Recovery Tribunals. In such
communication, purportedly issued by the Ministry of Finance,
Department
Enforcement of Security Interest Act, 2002 as
well as the provision contained in Section 2 (d) (vi) of the Recovery of
Debt Due to Banks
Enforcement of Security
Interest Act, 2002 as well as the provision contained in Section 2 (d)
(vi) of the Recovery of Debts Due to Banks
Enforcement of Security
Interest Act, 2002 as well as the provision contained in Section 2 (d)
(vi) of the Recovery of Debts Due to Banks
