https://www.taxtmi.com/caselaws?id=197509 A secured creditor must comply with the statutory duty under Section 13(3A) of the SARFAESI Act to consider a borrower's objections to the Section 13(2) demand notice and communicate reasons for rejection within the prescribed time. Where that safeguard is not followed, subsequent measures under Section 13(4) and Section 14 are vitiated and liable to be quashed. A Magistrate acting under Section 14 is not required to issue a separate notice to the borrower, because the Act already provides notice under Section 13(2) and the response mechanism under Section 13(3A). en-us Thu, 23 Mar 2006 00:00:00 +0530 Tue, 09 Jan 2018 12:10:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197509 A secured creditor must comply with the statutory duty under Section 13(3A) of the SARFAESI Act to consider a borrower's objections to the Section 13(2) demand notice and communicate reasons for rejection within the prescribed time. Where that safeguard is not followed, subsequent measures under Section 13(4) and Section 14 are vitiated and liable to be quashed. A Magistrate acting under Section 14 is not required to issue a separate notice to the borrower, because the Act already provides notice under Section 13(2) and the response mechanism under Section 13(3A). Case-Laws Indian Laws Thu, 23 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197509