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<h1>Dismissal of Civil Appeal for Lack of Statutory Charge under Securitisation Act</h1> The SC dismissed the Civil Appeal due to the appellants lacking a statutory first charge over the property secured by the respondent Bank under the ... - The Supreme Court of India dismissed the Civil Appeal as the appellants did not have a statutory first charge over the property secured by the respondent Bank under the Securitisation Act, 2002. No order was given regarding costs.