https://www.taxtmi.com/caselaws?id=340245 Under the statutory recovery framework, objections by claimants or third parties to mortgaged property must be examined by the Recovery Officer, following the Second and Third Schedules to the Income-tax Act, 1961, before any sale proceeds. Disputed claims based on an agreement to sell, an exchange deed, or the extent of unencumbered land require adjudication by the designated statutory forum, and SARFAESI-related challenges must be pursued through the DRT remedy under Section 17. Writ jurisdiction is not to be used to decide contested inter se property rights or bypass the statutory mechanism. Amendment of objections may be allowed where subsequent events are relevant to the inquiry. en-us Wed, 01 Feb 2017 00:00:00 +0530 Sat, 18 Mar 2017 17:42:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340245 Under the statutory recovery framework, objections by claimants or third parties to mortgaged property must be examined by the Recovery Officer, following the Second and Third Schedules to the Income-tax Act, 1961, before any sale proceeds. Disputed claims based on an agreement to sell, an exchange deed, or the extent of unencumbered land require adjudication by the designated statutory forum, and SARFAESI-related challenges must be pursued through the DRT remedy under Section 17. Writ jurisdiction is not to be used to decide contested inter se property rights or bypass the statutory mechanism. Amendment of objections may be allowed where subsequent events are relevant to the inquiry. Case-Laws Indian Laws Wed, 01 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340245