Condition For Filing Securatisation Application: Delhi HC Stays DRAT Order

LIVELAW NEWS NETWORK

10 April 2017 7:24 PM IST

  • Condition For Filing Securatisation Application: Delhi HC Stays DRAT Order

    A Division Bench of the Delhi High Court headed by Justice Gita Mittal on Monday stayed the order of the Debts Recovery Appellate Tribunal in Vikram Bakshi v Housing Development Finance Corporation, wherein the DRAT had held that a Securitization Application under Section 17 of the SARFAESI Act, 2002 could not be filed in the DRT unless physical possession of the property was handed over to...

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