Borrower/debtor can approach Debts Recovery Tribunal under section 17 at stage of possession notice referred to in rule 8(1) and 8(2) of 2002 Rules.

Citation

AIR 2018 SUPREME COURT 5383

SUPREME COURT

(From: AIR 2018 All 131)

R. F. NARIMAN , J. and NAVIN SINHA , J.

Civil Appeal No. 10873 with 10874 of 2018 (arising out of SLP (Civil) No. 5895 with 12841 of2018), D/- 1 - 11 - 2018

M/s. Hindon Forge Pvt. Ltd and Anr. v. State of Uttar Pradesh Through District Magistrate Ghaziabad and Anr.

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act

(54 of 2002), S.17(1), S.13(4), S.13(3A) Proviso - Security Interest (Enforcement) Rules (2002),

R.8(1), R.8(2) - (Inserted by Act 30 of 2004) Enforcement of security interest - Application by

borrower against measures to recover secured debt - Borrower/debtor can approach Debts

Recovery Tribunal under section 17 at stage of possession notice referred to in rule 8(1) and

8(2) of 2002 Rules.