https://www.taxtmi.com/highlights?id=53890 Wilful Defaulters or not - petitioners contend that the Show Cause Notice was issued by an Assistant General Manager of the Bank, who did not qualify even for being a member of the WDIC - the scope of interference in writ jurisdiction logically ought to be wider in case of a violation of Section 13(3A), SARFAESI Act than a wilful defaulter declaration, the latter being somewhat more preliminary in nature and subject to further checks and bounds, particularly a confirmation by the review committee upon considering the legality and factual veracity of the declaration. en-us Thu, 02 Jul 2020 07:45:25 +0530 Thu, 02 Jul 2020 07:45:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53890 Wilful Defaulters or not - petitioners contend that the Show Cause Notice was issued by an Assistant General Manager of the Bank, who did not qualify even for being a member of the WDIC - the scope of interference in writ jurisdiction logically ought to be wider in case of a violation of Section 13(3A), SARFAESI Act than a wilful defaulter declaration, the latter being somewhat more preliminary in nature and subject to further checks and bounds, particularly a confirmation by the review committee upon considering the legality and factual veracity of the declaration. Highlights Indian Laws Thu, 02 Jul 2020 07:45:25 +0530 https://www.taxtmi.com/highlights?id=53890