Supreme Court clarifies pre-deposit under SARFAESI Act: Sidha Neelkanth Paper Industries vs. Prudent ARC Limited (2023)

/ B.V. Nagarathna, Judges, M.R. Shah, Recovery of Debts and Bankruptcy Act, 1993, Recovery of Debts and Bankruptcy Act, 1993 with Section 2(g), SARFAESI Act, SARFAESI Act with Section 13(2), SARFAESI Act with Section 18

Supreme Court Clarifies Pre-Deposit Requirements Under SARFAESI Act: Sidha Neelkanth Paper Industries vs. Prudent ARC Limited (2023) LEGAL ISSUE: Interpretation of Section 18 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) regarding pre-deposit requirements for appeals. CASE TYPE: Securitisation and Debt Recovery Case Name: M/s Sidha […]

Supreme Court clarifies pre-deposit under SARFAESI Act: Sidha Neelkanth Paper Industries vs. Prudent ARC Limited (2023) Read Post »