Use of Criminal Prosecution is a delay tactic against debt recovery in the SARFAESI Act. and when a secured asset being a subject matter of civil dispute it cannot be discharged under the SARFAESI Act.
Use of Criminal Prosecution is a delay tactic against debt recovery in the SARFAESI Act. and when a secured asset being a subject matter of civil dispute it cannot be discharged under the SARFAESI Act.
Legal Shashtra