https://www.taxtmi.com/caselaws?id=188085 Under the SARFAESI Act, the Debts Recovery Tribunal can grant interim protection in an application under Section 17 because its ancillary powers extend to appropriate interim orders when examining the legality of measures taken under Section 13(4). Filing a Section 17 application, however, does not automatically stay the secured creditor's proceedings; the creditor may continue unless the Tribunal grants interim relief. The stated ratio is that Section 17 provides a statutory remedy and discretionary interim protection, but no automatic suspension of enforcement measures follows from the mere filing of the challenge. en-us Wed, 08 Aug 2007 00:00:00 +0530 Thu, 17 Nov 2016 18:52:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188085 Under the SARFAESI Act, the Debts Recovery Tribunal can grant interim protection in an application under Section 17 because its ancillary powers extend to appropriate interim orders when examining the legality of measures taken under Section 13(4). Filing a Section 17 application, however, does not automatically stay the secured creditor's proceedings; the creditor may continue unless the Tribunal grants interim relief. The stated ratio is that Section 17 provides a statutory remedy and discretionary interim protection, but no automatic suspension of enforcement measures follows from the mere filing of the challenge. Case-Laws Companies Law Wed, 08 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188085