https://www.taxtmi.com/caselaws?id=334007 The court held that the SARFAESI Act overrides the BRU Act and notifications issued under it. The secured creditor's rights under the SARFAESI Act to enforce security interests without court intervention prevail. The court set aside the direction to return possession of secured assets to the relief undertaking, allowing the secured creditor to proceed with enforcement under the SARFAESI Act. The court refused to continue the interim order, stating the secured creditor's right to enforce its interests, given the relief undertaking's substantial debt and inaction. en-us Tue, 25 Oct 2016 00:00:00 +0530 Wed, 02 Nov 2016 11:47:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334007 The court held that the SARFAESI Act overrides the BRU Act and notifications issued under it. The secured creditor's rights under the SARFAESI Act to enforce security interests without court intervention prevail. The court set aside the direction to return possession of secured assets to the relief undertaking, allowing the secured creditor to proceed with enforcement under the SARFAESI Act. The court refused to continue the interim order, stating the secured creditor's right to enforce its interests, given the relief undertaking's substantial debt and inaction. Case-Laws Indian Laws Tue, 25 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334007