Saraswat Cooperative Bank Limited v. Idfc First Bank Ltd.
Case brief
What is this about?
In this securitisation application involving a dispute between two banks, the Tribunal directed the parties to resolve their dispute via arbitration under Section 11 of the SARFAESI Act and disposed of the application.
What did the court decide?
Disposal of Securitisation Application No.354/2022 and direction to resolve disputes via arbitration under Section 11 of the SARFAESI Act.