Mr Bharat Bhushan Popli v. Ecl Finance Limited
Case brief
What is this about?
The applicant moved for a declaration that the securitisation application was infructuous after the secured creditor regularised the account and withdrew SARFAESI action. The court allowed the interlocutory application dismissing the main application.
What did the court decide?
Interlocutory application No.1186 of 2023 allowed; Securitisation Application No.281 of 2022 dismissed as infructuous.