CJM and DM have equal Jurisdiction to Decide Applications filed U/s 14 of SARFAESI Act: Orissa HC

The Orissa High Court has ruled that jurisdiction u.s 14 of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act of 2002 (the Act) can be exercised by two authorities, either the District Magistrate (DM) or the Chief Judicial Magistrate (CJM). According to the Bench of Justices Jaswant Singh and Sanjeeb

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