2016 (9) TMI 966

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....ganka Dutta, Adv., Mr. Ashish Rana,Adv., Mr. Shaveer Ahmed, Adv. For The Respondent : Mr. Pratiti Rungta, Adv., Mr. Sumit Pargal, Adv., Mr. Rameshwar Prasad Goyal,Adv., Mr. Vipin Kumar Jai,Adv., Ms. J. Mohan, Adv., Mr. Vipul Jai, Adv., Ms. Shailly Dinkar, Adv. JUDGMENT Kurian, J. Leave granted. The appellant is aggrieved by the impugned judgment dated 19.8.2014 passed by the High Court of De....

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....ct. Under section 17, the scope of enquiry is limited to the steps taken under section 13(4) against the secured assets. The partial deposit before the DRAT as a pre-condition for considering the appeal on merits in terms of section 18 of the Act, is not a secured asset. It is not a secured debt either, since the borrower or the aggrieved person has not created any security interest on such pre-de....