Each Step Under SARFAESI Act Section 13(4) Constitutes a Continuous Cause of Action for Filing Appeal: Allahabad HC Clarifies Law of Limitation

The Allahabad High Court, in a significant ruling, has held that the various measures taken by a secured creditor under Section 13(4) and Section 14 of the SARFAESI Act, 2002, constitute a continuous cause of action. The court clarified that the 45-day limitation period for a borrower to approach the Debts Recovery Tribunal (DRT) under

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READ ALSO  Tribunals Are Not Merely Exercising Judicial Review Akin to HC, They Must Decide Factual Issues: Allahabad High Court
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