Allowed
Indu Bhushan Kant v. the State Bank of Bikaner and Ja
Patna HCCWJC/7326/2009
Case brief
AI extract
What is this about?
The petition challenged a possession notice under Section 13(4) of the SARFAESI Act issued without consideration of objections under Section 13(3A). The High Court accepted the grievance and quashed the notice, directing the bank to consider the objections and communicate its decision before proceeding.
What did the court decide?
Possession notice issued under Section 13(4) of SARFAESI Act quashed. Bank directed to consider objection, take decision, and communicate it before proceeding.