Dear Sirs, I would like to know whether provisions of Sarfaesi Act can be invoked when already DRT has issued recovery Certificate in 2003 and later reciever too has been appointed by Highcourt of Bombay?
Darshan Panchal (Advocate) 26 June 2010
Dear Sirs, I would like to know whether provisions of Sarfaesi Act can be invoked when already DRT has issued recovery Certificate in 2003 and later reciever too has been appointed by Highcourt of Bombay?
Devajyoti Barman (Advocate) 28 June 2010
Yes as the DRT itself has the jurisdiction to recall any order already passed if the circumstances so demands.