Arbitration and SARFAESI Proceedings Can Run Concurrently: Bombay HC 

Recently, the Bombay HC ruled that arbitration and SARFAESI proceedings can run concurrently. The bench of Justice Manish Pitale stated that “SARFAESI Act is concerned only with the enforcement process after the adjudicatory process through arbitration is completed. Therefore, reference to the SARFAESI Act in the agreements cannot be a bar to invoke arbitration.” In

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