https://www.taxtmi.com/caselaws?id=305593 The High Court set aside the Single Judge's ruling that Section 26E of the SARFAESI Act was in effect from 01.09.2016, as it had not been officially notified. The Bank of Baroda was granted the right to proceed with appropriate actions, having already taken possession of the property. The distinction between 'priority' and 'first charge' was left open for future consideration. The writ appeal was allowed, overturning the Single Judge's findings on Section 26E. en-us Fri, 10 Jan 2020 00:00:00 +0530 Wed, 14 Dec 2022 09:06:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305593 The High Court set aside the Single Judge's ruling that Section 26E of the SARFAESI Act was in effect from 01.09.2016, as it had not been officially notified. The Bank of Baroda was granted the right to proceed with appropriate actions, having already taken possession of the property. The distinction between 'priority' and 'first charge' was left open for future consideration. The writ appeal was allowed, overturning the Single Judge's findings on Section 26E. Case-Laws Indian Laws Fri, 10 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305593