[4/15, 23:18] Pandian Adv Mhc: Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002- Security Interest (Enforcement) Rules, 2002- Rule 9(5)-Rule 9(5) of SARFAESI Rules cannot be pressed into service since the auction purchaser was not informed regarding the proceedings pending before DRT at the time of auction or even thereafter- Directs refund of the deposit forfeited by the bank [4/16, 07:24] sekarreporter1: 💐
[4/15, 23:18] Pandian Adv Mhc: Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002- Security Interest (Enforcement) Rules, 2002- Rule 9(5)-Rule 9(5) of SARFAESI Rules cannot be pressed into service since the auction purchaser was not informed regarding the proceedings pending before DRT at the time of auction or even thereafter- Directs refund of the deposit forfeited by the bank
[4/16, 07:24] sekarreporter1: 💐
