If A Financial Institution Is A Borrower Then It Can’t Invoke Arbitration U/Sec 11 of the SARFAESI Act: Delhi HC

The Delhi High Court has ruled that a borrower which is also a financial institution can’t resort to arbitration as provided u.s 11 of the SARFAESI Act. As per the Bench of Justice Anup Jairam Bhambhani, Section 11 provides the remedy of arbitration only in matters of inter se disputes between financial lenders and it

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