https://www.taxtmi.com/caselaws?id=334007 The SARFAESI Act, 2002 prevails over the Maharashtra Relief Undertakings (Special Provisions) Act, 1958 where the two are inconsistent, because SARFAESI confers a secured creditor's right to enforce security interest without court intervention and contains an overriding non obstante clause. The relief undertaking notification could suspend liabilities and proceedings, but it could not curtail enforcement under Section 13. The Court held that the expression "any other law" in Section 35 is not confined to Central laws or the same legislative field, and the secured creditor may proceed under SARFAESI notwithstanding the notification. 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 SARFAESI Act, 2002 prevails over the Maharashtra Relief Undertakings (Special Provisions) Act, 1958 where the two are inconsistent, because SARFAESI confers a secured creditor's right to enforce security interest without court intervention and contains an overriding non obstante clause. The relief undertaking notification could suspend liabilities and proceedings, but it could not curtail enforcement under Section 13. The Court held that the expression "any other law" in Section 35 is not confined to Central laws or the same legislative field, and the secured creditor may proceed under SARFAESI notwithstanding the notification. Case-Laws Indian Laws Tue, 25 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334007