https://www.taxtmi.com/caselaws?id=470147 Challenges to secured creditor possession and vacation notices under the SARFAESI framework were addressed in the context of the statutory remedy before the Debts Recovery Tribunal. The notes state that the Section 17 application followed a possession notice issued substantially earlier than the prescribed filing period. They also record that the bank reconsidered an extension of the one-time settlement but returned the request because no concrete plan was provided for payment of the settlement balance and delayed-payment interest. The writ petition was stated to be unsuitable for entertainment. en-us Wed, 15 Dec 2021 00:00:00 +0530 Fri, 17 Jul 2026 13:13:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470147 Challenges to secured creditor possession and vacation notices under the SARFAESI framework were addressed in the context of the statutory remedy before the Debts Recovery Tribunal. The notes state that the Section 17 application followed a possession notice issued substantially earlier than the prescribed filing period. They also record that the bank reconsidered an extension of the one-time settlement but returned the request because no concrete plan was provided for payment of the settlement balance and delayed-payment interest. The writ petition was stated to be unsuitable for entertainment. Case-Laws IBC Wed, 15 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470147