https://www.taxtmi.com/caselaws?id=113112 Section 14 of the SARFAESI Act operates only as an assisting mechanism for taking possession and cannot be used to bypass the mandatory safeguards under section 13(4) and rule 8. For immovable secured assets, the creditor must first follow the statutory sequence, including notice and possession procedures, before seeking Magistrate assistance. An order under section 14 is sustainable only where strict compliance with the Act and Rules is shown; in the absence of material establishing such compliance, the possession order is vulnerable to judicial review and cannot stand in law. en-us Tue, 27 Jul 2010 00:00:00 +0530 Tue, 30 Sep 2014 10:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113112 Section 14 of the SARFAESI Act operates only as an assisting mechanism for taking possession and cannot be used to bypass the mandatory safeguards under section 13(4) and rule 8. For immovable secured assets, the creditor must first follow the statutory sequence, including notice and possession procedures, before seeking Magistrate assistance. An order under section 14 is sustainable only where strict compliance with the Act and Rules is shown; in the absence of material establishing such compliance, the possession order is vulnerable to judicial review and cannot stand in law. Case-Laws Companies Law Tue, 27 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113112