https://www.taxtmi.com/caselaws?id=287280 The Court, after considering arguments from both parties, has directed the respondents to submit affidavits regarding the co-operative bank's invocation of the SARFAESI Act. An interim order has been issued, restraining the bank from taking any action against the petitioner under the Act. The Court has also instructed the bank to refrain from dealing with the property in question and to ensure its protection and preservation at the bank's expense. The matter is scheduled for further review in four weeks, with prompt dissemination of judicial directives for compliance. en-us Mon, 24 Jul 2017 00:00:00 +0530 Tue, 07 Apr 2020 09:56:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287280 The Court, after considering arguments from both parties, has directed the respondents to submit affidavits regarding the co-operative bank's invocation of the SARFAESI Act. An interim order has been issued, restraining the bank from taking any action against the petitioner under the Act. The Court has also instructed the bank to refrain from dealing with the property in question and to ensure its protection and preservation at the bank's expense. The matter is scheduled for further review in four weeks, with prompt dissemination of judicial directives for compliance. Case-Laws Indian Laws Mon, 24 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287280