https://www.taxtmi.com/caselaws?id=263248 The Supreme Court held that the Appellate Tribunal under the SARFAESI Act can condone delays in filing appeals by applying the proviso to Section 20(3) of the RDB Act. The judgment overruled the Madhya Pradesh High Court's contrary view, allowing the borrowers' appeals and dismissing the Bank's appeal. The matters were remanded for fresh consideration in line with the law, with specific remands to the High Court of Madhya Pradesh and the Debt Recovery Appellate Tribunal, Delhi. en-us Wed, 05 Aug 2015 00:00:00 +0530 Fri, 28 Aug 2015 11:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263248 The Supreme Court held that the Appellate Tribunal under the SARFAESI Act can condone delays in filing appeals by applying the proviso to Section 20(3) of the RDB Act. The judgment overruled the Madhya Pradesh High Court's contrary view, allowing the borrowers' appeals and dismissing the Bank's appeal. The matters were remanded for fresh consideration in line with the law, with specific remands to the High Court of Madhya Pradesh and the Debt Recovery Appellate Tribunal, Delhi. Case-Laws Indian Laws Wed, 05 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263248