Bombay High Court Directs State to Issue Circular for Expeditious Disposal of Section 14 Applications Under SARFAESI Act; District Magistrates Ordered to Clear Pending Matters Within Two Months. The Court Reiterated Limited Scope of Enquiry Under Section 14 and Mandated Strict Timelines to Prevent Frustration of Securitization Act's Purpose.
30 Aug 2011The writ petition was filed by Housing Development Finance Corporation Limited (HDFC), a financial institution under the Securitization and Reconstruc...




