Sets Aside DRAT Order and Remands Case for Reconsideration on Merits with Pre-Deposit Directive

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Delhi High Court Affirms Maintainability of Subsequent Purchasers’ Appeals Under SARFAESI Act, Sets Aside DRAT Order and Remands Case for Reconsideration on Merits with Pre-Deposit Directive

Court’s Decision: The Delhi High Court ruled that the Debts Recovery Appellate Tribunal (DRAT) erred in dismissing the appeal of subsequent purchasers on the grounds of maintainability. The Court held…

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Rawlaw December 27, 2024

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