Chandigarh DRT Case-Sarfaesi Limitation Advice
SARFAESI Limitation: DRT Chandigarh Dismisses Borrower’s Challenge as Time-Barred. The Debts Recovery Tribunal (DRT-III), Chandigarh recently reaffirmed an important principle under the SARFAESI Act, 2002: a challenge to recovery measures must be filed within the statutory limitation period of 45 days. The case involved borrowers who sought to challenge actions taken by a secured creditor … Read more
