Section 5 of the Limitation Act would apply in respect of applications under Section 17 of the SARFAESI Act before DRT filed beyond the period of 45 days: MP HC

In a significant legal development, the High Court of Madhya Pradesh, presided over by Justice Sheel Nagu and Justice Vivek Jain, issued a landmark decision on January 3, 2024. The case involved Aniruddh Singh challenging the dismissal of his application under Section 17(1) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security

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