No Bar Under Section 14 SARFAESI Act For DM To Take Possession of Secured Asset After 90 days: SC

A three-judge Bench of the Supreme Court comprising Hon’ble Justice L. Nageswara Rao, Hon’ble Justice Hemant Gupta and Hon’ble Justice Ajay Rastogi has upheld the High Court of Kerala’s decision holding that Section 14 of the SARFAESI Act which mandates the District Magistrate to deliver possession of a secured asset within a period of 30

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