Dear Experts,
" Can a financial institution legally opt for two remedies at the same time i.e. action u/s 29 of SFC Act and also action u/s 13(2) of SARFAESI Act ???
Jitesh (self) 12 October 2014
Dear Experts,
" Can a financial institution legally opt for two remedies at the same time i.e. action u/s 29 of SFC Act and also action u/s 13(2) of SARFAESI Act ???
Advocate Kappil Cchandna (Expert Bail & Criminal Defence Lawyer at Delhi Supreme Court of India) 12 October 2014
Dear,
There is a famous maxim which say "ubi jis ibi remdium" which says that where there is a right there is a remedy, which means if a have five different rights with the same cause of action, then you can seek five remedies, provided they are not dependent on any other remedy.
Adv Kapil Chandna
9899011450
Jitesh (self) 13 October 2014
Dear Kapil, won't it be covered under the "Doctrine of election of remedy" ??
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