https://www.taxtmi.com/caselaws?id=300773 Pre-existing bona fide tenancies remain protected despite enforcement of a security interest. The Securitisation Act and rent-control legislation operate in distinct fields; its overriding provision applies only where an inconsistency exists and does not displace tenant protections. A secured creditor may enforce only the borrower's existing rights, so enforcement measures and sale cannot extinguish a tenancy created before the security interest or permit the tenant's summary eviction. A tenant claiming such prior rights may use the statutory remedy before the Tribunal, which may determine whether the tenancy predates the security interest and protect possession or make a sale subject to tenant rights. en-us Fri, 23 Sep 2011 00:00:00 +0530 Wed, 23 Feb 2022 18:50:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300773 Pre-existing bona fide tenancies remain protected despite enforcement of a security interest. The Securitisation Act and rent-control legislation operate in distinct fields; its overriding provision applies only where an inconsistency exists and does not displace tenant protections. A secured creditor may enforce only the borrower's existing rights, so enforcement measures and sale cannot extinguish a tenancy created before the security interest or permit the tenant's summary eviction. A tenant claiming such prior rights may use the statutory remedy before the Tribunal, which may determine whether the tenancy predates the security interest and protect possession or make a sale subject to tenant rights. Case-Laws Indian Laws Fri, 23 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300773