Allowed
New Care Printers Solutions v. Canara Bank
DRTSA/133/2022
Case brief
AI extract
What is this about?
This single-line order allowed the SARFAESI application challenging a possession notice issued by the respondent bank. The court set aside the original notice, restored possession to the mortgagor, prohibited debiting expenses, but granted liberty to initiate action afresh.
What did the court decide?
Possession Notice dated 10.01.2022 set aside; possession restored to mortgagor; bank prohibited from debiting SARFAESI expenses; liberty granted to initiate action afresh.