Smt.Sushma Rani v. State of U.P. and 2 Others
Case brief
What is this about?
The petitioner, facing repossession proceedings under the SERFAESI Act due to loan default, approached the court. The court held it is reluctant to interfere once proceedings are initiated but directed that payments made under Section 13(8) be considered by the bank.
What did the court decide?
Petitioner directed to apply under Section 13(8) of SERFAESI Act; Bank to consider such application.