https://www.taxtmi.com/caselaws?id=309479 The court held that the respondents banks can legally take physical possession of secured assets after issuing sale certificates to auction purchasers. The banks are entitled to seek police assistance under Section 14(1)(2) of the SARFAESI Act to ensure clear title transfer without delays. The court emphasized the Act's objective of facilitating debt recovery and dismissed the writ petitions, affirming the banks' status as secured creditors even after issuing sale certificates. en-us Thu, 30 Jul 2009 00:00:00 +0530 Tue, 05 Sep 2023 15:05:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309479 The court held that the respondents banks can legally take physical possession of secured assets after issuing sale certificates to auction purchasers. The banks are entitled to seek police assistance under Section 14(1)(2) of the SARFAESI Act to ensure clear title transfer without delays. The court emphasized the Act's objective of facilitating debt recovery and dismissed the writ petitions, affirming the banks' status as secured creditors even after issuing sale certificates. Case-Laws Indian Laws Thu, 30 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309479