Proceedings Under Section 14 of SARFAESI Are Non-Adjudicatory in Nature and Akin toMinisterial Act: Allahabad HC

Recently, The Allahabad HC stated that proceedings under Section 14 of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act are non-adjudicatory in nature akin to a ministerial act. The bench of Justices Rajan Roy and Manish Kumar was dealing with the two petitions challenging the same order passed by Additional District

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