https://www.taxtmi.com/caselaws?id=380347 Where a secured asset is sold under the SARFAESI Act, the official liquidator must be informed at the relevant stages, but any challenge to irregularity in the sale has to be taken under the statutory remedy before the Debts Recovery Tribunal. The special remedy under section 17 is exclusive, so the company court cannot be invoked to set aside or confirm the sale when that remedy is available. The text also notes that limitation was not pressed against the official liquidator for filing the tribunal appeal. en-us Fri, 21 Dec 2018 00:00:00 +0530 Mon, 20 May 2019 06:53:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380347 Where a secured asset is sold under the SARFAESI Act, the official liquidator must be informed at the relevant stages, but any challenge to irregularity in the sale has to be taken under the statutory remedy before the Debts Recovery Tribunal. The special remedy under section 17 is exclusive, so the company court cannot be invoked to set aside or confirm the sale when that remedy is available. The text also notes that limitation was not pressed against the official liquidator for filing the tribunal appeal. Case-Laws Companies Law Fri, 21 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380347