Jayamma v. Mattancherri Mahajanik/Sarvajanik Urban Cooperative Bank
Case brief
What is this about?
Debts Recovery Tribunal dismissed an application challenging a possession order and demand notice under the SARFAESI Act. The court held that the bank substantially complied with statutory requirements despite a clerical date error in the affidavit, upheld the MAG order, and denied the request to produce account statements.
What did the court decide?
Application dismissed. No order as to costs.