https://www.taxtmi.com/caselaws?id=193632 The delay of 47 days in filing the appeal was condoned by the court after considering the application and hearing both parties' advocates. Regarding the validity of quashing the sale notice, the court upheld the decision, emphasizing the necessity of physical possession before issuing a sale notice under the SARFAESI Act. As possession had not been transferred to the appellant Bank as required, the appeal was dismissed, allowing the Bank to take appropriate steps in compliance with the law. The court cited legal interpretations and precedent in reaching its decision. en-us Thu, 05 Feb 2015 00:00:00 +0530 Thu, 10 Aug 2017 06:37:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193632 The delay of 47 days in filing the appeal was condoned by the court after considering the application and hearing both parties' advocates. Regarding the validity of quashing the sale notice, the court upheld the decision, emphasizing the necessity of physical possession before issuing a sale notice under the SARFAESI Act. As possession had not been transferred to the appellant Bank as required, the appeal was dismissed, allowing the Bank to take appropriate steps in compliance with the law. The court cited legal interpretations and precedent in reaching its decision. Case-Laws Indian Laws Thu, 05 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193632