The court noted an application by a secured creditor to withdraw a claim petition and retrieve mortgaged documents to proceed under the SARFAESI Act. The Official Assignee opposed the enquiry in the current insolvency petition and sought a report. The case was listed for further proceedings.
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Application No.206 of 2023
Application No.206 of 2023 in I.P.No.1 of 2023
C.SARAVANAN, J.
There is no representation on behalf of the petitioner/debtor in
I.P.No.1 of 2023.
1/2
Application No.206 of 2023
C.SARAVANAN, J.
arb
be entertained in the above Insolvency Petition. However, seeks time for filing a report.
13.10.2023
arb
Application No.206 of 2023 in I.P.No.1 of 2023
2/2
1 issue framed by the court
Whether the application seeking withdrawal of claim petition and repossession of mortgaged property under SARFAESI Act can be entertained in the pending insolvency petition.
2 provisions across 2 enactments
Applicant/Secured Creditor
Official Assignee
Insolvent/Debtor
C.Saravanan
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
