https://www.taxtmi.com/caselaws?id=110278 Pendency of civil suits concerning liability or the amount payable does not bar a secured creditor from invoking SARFAESI enforcement powers where the statutory conditions under section 13 are satisfied. Section 13(1) permits enforcement without court or tribunal intervention, and section 37 makes the Act an additional remedy rather than one that displaces other laws. Read with sections 34 and 37, the scheme preserves concurrent remedies unless expressly excluded. The bank was therefore entitled to proceed under the Act despite the pending suits, and the challenge failed. en-us Wed, 01 Dec 2004 00:00:00 +0530 Mon, 16 Apr 2012 10:52:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110278 Pendency of civil suits concerning liability or the amount payable does not bar a secured creditor from invoking SARFAESI enforcement powers where the statutory conditions under section 13 are satisfied. Section 13(1) permits enforcement without court or tribunal intervention, and section 37 makes the Act an additional remedy rather than one that displaces other laws. Read with sections 34 and 37, the scheme preserves concurrent remedies unless expressly excluded. The bank was therefore entitled to proceed under the Act despite the pending suits, and the challenge failed. Case-Laws Companies Law Wed, 01 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110278