Court Rules Banks Have No Lien on Pre-Deposits Under SARFAESI Act's Section 18 per Indian Contract Act Section 171.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Bank has no lien on the pre-deposit made under Section 18 of the SARFAESI Act in terms of Section 171 of The Indian Contract Act, 1872. - SC....