The Authorised Officer Aptus Value Hosuing Finance India Ltd. v. Mrs Vedhanayagi v
Case brief
What is this about?
An appeal against an order under Section 14 of the SARFAESI Act dismissing the revision application was filed by the debt recovery tribunal. The appellate tribunal found that the lower court correctly held that no order can be passed against a dead person as legal representatives were not impleaded. The appeal was dismissed affirming the lower court's order.
What did the court decide?
The appeal filed under Section 18 of SARFAESI Act was dismissed, and the impugned order confirming the stay of proceedings was confirmed.