High Court Quashes Deputy Commissioner's Order Staying SARFAESI Proceedings — Deputy Commissioner Cannot Review or Stay Section 14 Order Under SARFAESI Act, 2002. The Deputy Commissioner acted without jurisdiction by entertaining a borrower's representation and staying an order passed under Section 14 of the SARFAESI Act, 2002.
12 Oct 2022The petitioner, DCB Bank Limited, had lent money to one A.C. Santhosh, who defaulted on loan repayments, causing the account to become a non-performin...




