DM Can Correct Typographical Errors in Section 14 SARFAESI Orders; Such Correction Does Not Amount to ‘Review’: Allahabad HC

The Allahabad High Court (Lucknow Bench) has held that a District Magistrate (DM) possesses the power to correct ministerial and typographical errors in orders passed under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act). The Court clarified that such corrections do not amount to

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