https://www.taxtmi.com/caselaws?id=458429 The bank's right to proceed under the SARFAESI Act, 2002 to sell the secured asset for recovery of dues was affirmed, and civil court jurisdiction was noted as barred by Section 34. The record also notes that prior sale arrangements had failed because vacant possession was not available, prompting the parties to propose undertakings to facilitate sale free from encumbrances and to hand over possession to the purchaser after completion. The matter was left pending for compliance through affidavits of undertaking. en-us Tue, 27 Aug 2019 00:00:00 +0530 Sat, 26 Oct 2024 19:28:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458429 The bank's right to proceed under the SARFAESI Act, 2002 to sell the secured asset for recovery of dues was affirmed, and civil court jurisdiction was noted as barred by Section 34. The record also notes that prior sale arrangements had failed because vacant possession was not available, prompting the parties to propose undertakings to facilitate sale free from encumbrances and to hand over possession to the purchaser after completion. The matter was left pending for compliance through affidavits of undertaking. Case-Laws Indian Laws Tue, 27 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458429