https://www.taxtmi.com/caselaws?id=309666 The court held that Kerala State Co-operative Bank, District Co-operative Banks, and Urban Co-operative Banks are entitled to invoke the SARFAESI Act. The Union was found to have legislative competence to apply the Act to co-operative societies, and the Central Government's notification specifying co-operative banks as "banks" for the Act's purposes was upheld. The petitions were dismissed, affirming the eligibility of the banks under the SARFAESI Act and preserving statutory remedies for the petitioners. en-us Wed, 12 Dec 2007 00:00:00 +0530 Fri, 15 Sep 2023 14:49:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309666 The court held that Kerala State Co-operative Bank, District Co-operative Banks, and Urban Co-operative Banks are entitled to invoke the SARFAESI Act. The Union was found to have legislative competence to apply the Act to co-operative societies, and the Central Government's notification specifying co-operative banks as "banks" for the Act's purposes was upheld. The petitions were dismissed, affirming the eligibility of the banks under the SARFAESI Act and preserving statutory remedies for the petitioners. Case-Laws Indian Laws Wed, 12 Dec 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309666