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    <title>2005 (4) TMI 316 - HIGH COURT OF KARNATAKA</title>
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    <description>Section 14 of the SARFAESI Act is described as a supplementary mechanism to section 13 for securing possession of charged assets, and the text states that notice to the debtor or borrower is not required when such assistance is sought. It further states that the Magistrate&#039;s inquiry is limited to the statutory request for assistance, so insistence on a company-registration document has no bearing on that inquiry and is unnecessary. The stated effect is that ancillary procedural requirements unrelated to the section 14 exercise cannot be imposed, and enforcement may proceed within the statutory scheme without borrower notice or extraneous documentary conditions.</description>
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    <pubDate>Mon, 11 Apr 2005 00:00:00 +0530</pubDate>
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      <title>2005 (4) TMI 316 - HIGH COURT OF KARNATAKA</title>
      <link>https://www.taxtmi.com/caselaws?id=111687</link>
      <description>Section 14 of the SARFAESI Act is described as a supplementary mechanism to section 13 for securing possession of charged assets, and the text states that notice to the debtor or borrower is not required when such assistance is sought. It further states that the Magistrate&#039;s inquiry is limited to the statutory request for assistance, so insistence on a company-registration document has no bearing on that inquiry and is unnecessary. The stated effect is that ancillary procedural requirements unrelated to the section 14 exercise cannot be imposed, and enforcement may proceed within the statutory scheme without borrower notice or extraneous documentary conditions.</description>
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      <pubDate>Mon, 11 Apr 2005 00:00:00 +0530</pubDate>
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