https://www.taxtmi.com/caselaws?id=257046 The court held that secured creditors are not authorized to publish photographs of defaulting borrowers/guarantors under the SARFAESI Act, 2002. It rejected arguments supporting such publication, emphasizing the lack of legislative sanction for it. The court restrained secured creditors from engaging in this practice, citing potential harm to the reputation and dignity of borrowers. The court concluded that prior decisions allowing such publication were not persuasive precedents. The writ petitions were disposed of without costs, allowing creditors to pursue recovery through legal means in accordance with the law. en-us Fri, 03 May 2013 00:00:00 +0530 Wed, 04 May 2022 14:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257046 The court held that secured creditors are not authorized to publish photographs of defaulting borrowers/guarantors under the SARFAESI Act, 2002. It rejected arguments supporting such publication, emphasizing the lack of legislative sanction for it. The court restrained secured creditors from engaging in this practice, citing potential harm to the reputation and dignity of borrowers. The court concluded that prior decisions allowing such publication were not persuasive precedents. The writ petitions were disposed of without costs, allowing creditors to pursue recovery through legal means in accordance with the law. Case-Laws Companies Law Fri, 03 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257046