Sec 14 of sarfeasi act under magistrate court
Advocate M J
(Querist) 29 April 2015
This query is : Resolved
Good Morning Respected Members
can CMM Proceeding for Sec 14 of sarfeasi act be contested by the purchaser. Since there is already a pcr proceeding before the same CMM court against the fininical instution for cheating file by the purchaser .
1. Can i contest the CMM case and call for evidences from the finincal instution thn leave it to the discreation of the Hon'ble Magistatre to pass on the orders?
2.Even the purchaser must get a Opportunity to file his objection against the documents submitted by the finanaical instustion to claim for the possesion order
3.Is there any citation whr the purchaser has right to contest the case before the orders are passed by the Hon'ble Magistrate
Request the jury to guide me
thank you
T. Kalaiselvan, Advocate
(Expert) 03 May 2015
The purchaser has got no role to play in the action taken by CMM or DM u/s 14 of the act referred to herein. What is your query. whether is it about purchasing the property acquired by the secured creditor or an action against the CMM for a different reason?
