depth the object behind bringing Debts Recovery Tribunal
Act, 1993 (Act, 1993) and SARFAESI Act, 2002 , scope and application
of the enactments ... enactment of the NPA Act is, therefore, not in derogation of the
DRT Act . The NPA Act removes the fetters which were in existence
depth the object behind bringing Debts Recovery Tribunal
Act, 1993 (Act, 1993) and SARFAESI Act, 2002 , scope and application
of the enactments ... enactment of the NPA Act is, therefore, not in derogation of the
DRT Act . The NPA Act removes the fetters which were in existence
depth the object behind bringing Debts Recovery Tribunal
Act, 1993 (Act, 1993) and SARFAESI Act, 2002 , scope and application
of the enactments ... enactment of the NPA Act is, therefore, not in derogation of the
DRT Act . The NPA Act removes the fetters which were in existence
provisions of the RDDB Act. Section 35 of the
SARFAESI Act states that the provisions of the SARFAESI Act will
have overriding effect notwithstanding anything ... Act not being
inconsistent with the provisions of the SARFAESI Act , the application
of both the Acts, namely the SARFAESI Act and the RDDB Act
does not apply. In the
present case, as stated above, the NPA Act is an additional remedy
to the DRT Act . Together they constitute
provisions of the RDDB Act. Section 35 of the
SARFAESI Act states that the provisions of the SARFAESI Act will
have overriding effect notwithstanding anything ... Act not being
inconsistent with the provisions of the SARFAESI Act , the application
of both the Acts, namely the SARFAESI Act and the RDDB Act
provisions of the RDDB Act. Section 35 of the
SARFAESI Act states that the provisions of the SARFAESI Act will
have overriding effect notwithstanding anything ... Act not being
inconsistent with the provisions of the SARFAESI Act , the application
of both the Acts, namely the SARFAESI Act and the RDDB Act
does not apply. In the
present case, as stated above, the NPA Act is an additional remedy
to the DRT Act . Together they constitute
does not apply. In the
present case, as stated above, the NPA Act is an additional remedy
to the DRT Act . Together they constitute
classified as substandard, doubtful or loss. The NPA Act
comes into force only when both these conditions are satisfied.
Section 13(2) proceeds ... classification of his account
as NPA. Therefore, it is incorrect to presume that once an NPA is
always an NPA and it is precisely
