Disposed
Manjula v. City Co-Operative Bank Ltd.
Karnataka HCWP/11818/2023
Case brief
AI extract
What is this about?
Petitioner challenged a Section 13(2) SARFAESI demand notice from a co-operative bank without replying to it. The court disposed of the petition, granting four weeks to file a detailed reply, directing consideration under Section 13(3A), and restraining coercive action on the mortgaged property meanwhile.
What did the court decide?
Liberty to petitioner to reply to Section 13(2) notice within four weeks; bank to consider reply under Section 13(3A); no coercive action on mortgaged property until then.