Dismissed
P. Sheema v. the Authorized Officer
Madras HCWP(MD)/16407/2020
Case brief
AI extract
What is this about?
Petitioner, a third party to the debt transaction, sought writ directing finance company to issue notice under Sections 14 and 13(4) of the SARFAESI Act. Court dismissed petition holding relief cannot be granted to non-debtor third party.
What did the court decide?
Petitioner is not entitled to notice under Sections 14 and 13(4) of the SARFAESI Act as third party to the transaction.