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

To Read More Please Subscribe to VIP Membership for Unlimited Access to All the Articles, Download Available Copies of Judgments/Order, Acess to Central/State Bare Acts, Advertisement Free Content, Access to More than 4000 Legal Drafts( Readymade Editable Formats of Suits, Petitions, Writs, Legal Notices, Divorce Petitions, 138 Notices, Bail Applications etc.) in Hindi and English.

Click to Subscribe

If you are already a VIP Member, Click to Login Now

READ ALSO  Indian companies that use foreign software have no TDS liability, and it would not amount to Royalty: SC
Ad 20- WhatsApp Banner

Related Articles

Latest Articles