https://www.taxtmi.com/caselaws?id=755229 Repeated breach of court-recorded undertakings and dishonour of the promised payment instrument can defeat a borrower's claim to continued equitable restraint under the SARFAESI regime. Where prior indulgence and time to clear dues have already been granted, but the borrower fails to make the agreed payments and does not mount any substantive challenge to the bank's recovery action, further protection against possession or other coercive steps is not justified. The bank is then free to proceed with enforcement in accordance with law. en-us Fri, 23 Feb 2024 00:00:00 +0530 Wed, 10 Jul 2024 07:58:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755229 Repeated breach of court-recorded undertakings and dishonour of the promised payment instrument can defeat a borrower's claim to continued equitable restraint under the SARFAESI regime. Where prior indulgence and time to clear dues have already been granted, but the borrower fails to make the agreed payments and does not mount any substantive challenge to the bank's recovery action, further protection against possession or other coercive steps is not justified. The bank is then free to proceed with enforcement in accordance with law. Case-Laws Indian Laws Fri, 23 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755229