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    <title>Appellant bank&#039;s SARFAESI proceedings upheld; can issue Sec 13(4) notice to guarantor for recoverable loan amounts.</title>
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    <description>Challenge to proceedings initiated under SARFAESI Act by appellant bank. Court held: Appellant entitled to proceed under SARFAESI Act given mortgage and recoverable loan amounts. Guarantor&#039;s liability joint and several with principal debtor. Impugned judgment set aside, allowing appellant bank to proceed under SARFAESI Act, including Section 13(4) notice previously quashed. Appeal allowed.</description>
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    <pubDate>Wed, 31 Jul 2024 08:35:21 +0530</pubDate>
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      <title>Appellant bank&#039;s SARFAESI proceedings upheld; can issue Sec 13(4) notice to guarantor for recoverable loan amounts.</title>
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      <description>Challenge to proceedings initiated under SARFAESI Act by appellant bank. Court held: Appellant entitled to proceed under SARFAESI Act given mortgage and recoverable loan amounts. Guarantor&#039;s liability joint and several with principal debtor. Impugned judgment set aside, allowing appellant bank to proceed under SARFAESI Act, including Section 13(4) notice previously quashed. Appeal allowed.</description>
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      <pubDate>Wed, 31 Jul 2024 08:35:21 +0530</pubDate>
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