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Supreme Court Upholds SARFAESI Act Sections 13(1) & (4) for Application in Jammu and Kashmir, Overturning High Court Ruling.

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....Applicability of Key provisions of SARFAESI ACT to the J&K - legislative competence of Parliament - Sections 13(1) and (4) cannot be held to be beyond the legislative competence of Parliament as has wrongly been held by the High Court. - SC....