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Delhi High Court directs refund by L&T Finance: “Clause cannot override statutory obligation under Rule 7 of SARFAESI Rules” — Refund of excess sale amount directed to borrower

Court’s Decision: The Delhi High Court allowed the writ petition by the borrower and directed L&T Finance Ltd. to refund the surplus amount of ₹4,00,000, which was received from the…

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Rawlaw August 7, 2025

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