https://www.taxtmi.com/caselaws?id=168103 Jurisdiction for a section 17(1) SARFAESI challenge is not confined to the Debts Recovery Tribunal linked to the lending bank branch. The Delhi HC held that an aggrieved borrower may file before any DRT having jurisdiction under section 19(1) of the RDDBFI Act read with rule 6, including where the mortgaged property is situated. The Court treated section 17(1) proceedings as original proceedings, allowing challenge to the amount claimed and the measures taken, and noted that the statutory scheme contemplates action against the secured asset at the place where the property lies. The writ petition succeeded and the jurisdictional order was upheld. en-us Mon, 09 Aug 2010 00:00:00 +0530 Wed, 07 Jan 2015 18:06:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168103 Jurisdiction for a section 17(1) SARFAESI challenge is not confined to the Debts Recovery Tribunal linked to the lending bank branch. The Delhi HC held that an aggrieved borrower may file before any DRT having jurisdiction under section 19(1) of the RDDBFI Act read with rule 6, including where the mortgaged property is situated. The Court treated section 17(1) proceedings as original proceedings, allowing challenge to the amount claimed and the measures taken, and noted that the statutory scheme contemplates action against the secured asset at the place where the property lies. The writ petition succeeded and the jurisdictional order was upheld. Case-Laws Indian Laws Mon, 09 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168103