Fresh Application Under Section 14 SARFAESI Act Maintainable for Repossession if Borrower Illegally Re-occupies Property: Allahabad High Court

The Allahabad High Court has held that in cases where a borrower unlawfully trespasses and re-occupies secured assets after possession has been taken under the SARFAESI Act, a fresh application under Section 14 of the Act for restoration of possession is maintainable. The Court directed the concerned Additional District Magistrate to hear and decide such

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