Gic Housing Finance Ltd. v. M/S. Vora Estate Developers and 6 Ors.
Case brief
What is this about?
The court considered the applicability of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 to a suit by GIC Housing Finance Ltd. and ordered the transfer of the suit to the appropriate Tribunal under Section 31 of the RDBFI Act, 1993.
What did the court decide?
Transfer of the suit along with all pending motions to the appropriate Tribunal.