https://www.taxtmi.com/caselaws?id=189519 Prior SARFAESI enforcement prevailed over later attachment orders in respect of the same secured assets, so properties already sold under Section 13 measures could not remain under subsequent attachment and the sale certificate had to be registered. The Pondicherry Protection of Interests of Depositors in Financial Establishments Act, 2004 was upheld as a valid protective measure, but its attachment powers could not defeat earlier SARFAESI action over the same property. The borrower's claim for refund of alleged surplus sale proceeds was not decided in writ jurisdiction and was left to the statutory remedy before the appellate forum. en-us Wed, 23 Aug 2006 00:00:00 +0530 Wed, 11 Jan 2017 17:28:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189519 Prior SARFAESI enforcement prevailed over later attachment orders in respect of the same secured assets, so properties already sold under Section 13 measures could not remain under subsequent attachment and the sale certificate had to be registered. The Pondicherry Protection of Interests of Depositors in Financial Establishments Act, 2004 was upheld as a valid protective measure, but its attachment powers could not defeat earlier SARFAESI action over the same property. The borrower's claim for refund of alleged surplus sale proceeds was not decided in writ jurisdiction and was left to the statutory remedy before the appellate forum. Case-Laws Companies Law Wed, 23 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189519