Nafish Ahamad v. Authorized Officer SBI
Case brief
What is this about?
The petitioner challenged a notice under Section 13(4) of the SARFAESI Act seeking possession of secured assets. The Court held that the SARFAESI Act is a self-contained code, and aggrieved parties should avail the remedy under Section 17. The petition was dismissed.
What did the court decide?
Notice under Section 13(4) of the SARFAESI Act was confirmed pending remedy under Section 17.