Deutsche Bank Ag v. Kapsons Engineers Pvt. Ltd. & Ors.
Case brief
What is this about?
Bank petition concerning a receiver's fee under the SARFAESI Act; counsel sought withdrawal with liberty to approach the ACMM for fee reduction. Petition dismissed as withdrawn with that liberty.
What did the court decide?
Liberty to approach the ACMM for reduction of receiver fee under Section 14 SARFAESI Act.