under the
Possession of the bank as per the provisions of SARFAESI Act, 2002 ,
Ref: Banks complaint bearing No.KLM/GEN/105/12-13 dated ... proceedings as per the provisions of
Securitization and Reconstruction of Financial Asset and Enforcement of
Security Interest Act, 2002 ( hereinafter referred as SARFAESI Act
against the appellant and her property under the provisions of
the SARFAESI Act are liable to be set aside, since those are illegal, unjust,
arbitrary ... Section 13 (4) of the Securitization and Reconstruction of Financial Assets
and Enforcement of Security Interests Act, 2002.
8. Officials under the respondent are frequently
passed under Section 14 of the Securitization
and Reconstruction of Financial Assets and Enforcement of Security
Interest Act, 2002 by the learned Chief Judicial Magistrate
respondent under the provisions of the
Securitization and Reconstruction of Financial Assets and
Enforcement of Security Interest (SARFAESI), Act, 2002 is
ultra vires and illegal