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Sarfaesi Proceedings & SC on Construction Ban In Delhi (Updates 2021)

Sarfaesi Proceedings & SC on Construction Ban In Delhi (Updates 2021)

Sarfaesi Proceedings Regarding Objections from Bank & Supreme Court Refuses Urgent Listing for Lifting Construction Ban in Delhi

Sarfaesi Proceedings Regarding Objections from Bank & Supreme Court Refuses Urgent Listing for Lifting Construction Ban in Delhi Watch latest updates on #LawWiser regarding recent Supreme Court orders.

Prabhjot Singh briefly explains these decisions of the Supreme Court. The first on the SARFAESI Act, where the court has held that failure to furnish a reply by the creditor, as per the mandate of Section 13(3A) of the SARFAESI Act, not permitting the debtor to discretionary relief.

On the other hand, Supreme Court has also turned down the plea made on behalf of the builders group for urgent listing of its appeal to lift the blanket ban imposed on construction activities in Delhi NCR.

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