SARFAESI Section 17 grants financial creditors the power to liquidate assets in cases of loan default. This strategy aims to offset losses incurred by lenders and ensure timely restitution. The steps for asset seizure under Section 17 is a multifaceted one, involving intimations to the borrower, valuation of assets, and transfer. It's cr… Read More

Navigating the DRAT's appeal procedure can feel daunting, but understanding the basic stages is essential. Generally, the initial stage involves submitting a written application outlining the reasons for your disagreement. This submission must be accompanied by pertinent evidence. Following review of your appeal, a thorough evaluation will be ca… Read More