Supreme Court Confirms Chief Judicial Magistrates Can Handle Secured Creditor Requests Under SARFAESI Act Nationwide.

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....Jurisdiction - power of Chief Judicial Magistrate (CJM) to process the request of the secured creditor - SARFAESI Act - whether the expression “CMM”, includes CJM for the nonmetropolitan areas - CJM is equally competent to deal with the application moved by the secured creditor - SC....