Borrower Can't File Civil Suit Through Tenant To 'Wiggle Out' Of Liability Once Order U/S 14 Of SARFAESI Act Had Been Passed: Allahabad High Court
Upasna Agrawal
16 Aug 2025 1:55 PM IST

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16 Aug 2025 1:55 PM IST
The Allahabad High Court has held that once an order under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 has been passed granting possession to the secured creditor, i.e., bank, the borrower cannot, through a tenant, obtain a stay from the Civil Court to escape liability.The bench of Justice Shekhar B. Saraf and...
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