[COVID-19] Gujarat HC Declines Plea To Restrain Recovery Measures Citing SC's Stay On Kerala, Allahabad HC Orders[Read Order]

The Gujarat High Court on Friday dismissed a petition, seeking that all banks and financial institutions be directed not to initiate any auction/recovery proceedings under the SARFAESI Act till March 31, in light of the COVID-19 challenge. During hearing, Petitioner's counsel Advocate Vishvash Shah drew the attention of the court towards a recent judgment of the Allahabad High Court...