Securitisation And Reconstruction Of Financial Assets And Enforcement Of Security Interest Act 2002 Section 1 - Judgment Search Results

Kamaldeep Synthetic Ltd., by Managing Director V. Nandakumar Vs. Indus ...

Court : Chennai

Reported in : [2007]139CompCas52(Mad); (2007)1CompLJ190(Mad)

..... recovery tribunal i chennai c the petitioner received a notice dated 20 12 2005 purported to be under section 13 of the securitisation and reconstruction of financial assets and enforcement of security interest act 2002 act 54 of 2002 hereinafter called as sarfaesi act threatening .....

Uti Bank Ltd. Vs. the Dy. Commissioner of Central Excise, Chennai Ii D ...

Court : Chennai

Reported in : 2007(115)ECC323; 2007LC323(Madras); [2007(2)JCR13(Mad)]; 2007[6]STR82; AIR2007Mad118(FB); 2007(1)LW50

..... petition allowed central excise act 1944 c a no 1 1944 section 11 p santhasivam a kulasekaran s tamilvanan jj possession of property taken by bank under the securitisation reconstruction of financial assets and enforcement of security interest act 2002 claim towards tax due .....

V. Sriramulu Vs. Karur Vysya Bank Limited and ors.

Court : Andhra Pradesh

Reported in : 2006(2)ALD114; 2006(2)ALT405; IV(2006)BC222; (2006)6CompLJ558(AP); [2006]68SCL345(AP)

..... issued a notice under section 13 2 of the securitisation and reconstruction of financial assets and enforcement of security interest act 2002 the act for brevity on 16 5 2005 proposing to enforce the security the second respondent ..... insured but firstly it has to discharge the award as required under section 149 1 of the act where the owner insured has failed to maintain the vehicle as per prescribed .....

Archana Spinners Ltd. Vs. Board for Industrial and Financial Reconstru ...

Court : Chennai

Reported in : [2009]147CompCas387(Mad); [2007]76SCL280(Mad)

..... securitisation and reconstruction of financial assets and enforcement of security interest act 2002 where financial assets have been acquired by any securitisation company or reconstruction company under sub section 1 of section 5 of that act provided also that on or after the commencement of the securitisation and reconstruction of financial assets and enforcement of security interest act 2002 .....

A. Venkatramani Vs. Lic Housing Finance Limited, Rep. by Its Authorise ...

Court : Chennai

Reported in : [2007]135CompCas514(Mad); [2007]78SCL222(Mad)

..... are challenging the demand notices issued by the financial institutions under section 13 2 of the securitisation and reconstruction of financial assets and enforcement of security interest act 2002 act 54 of 2002 in short sarfaesi act since common questions of law have been raised .....

D. Ravichandran Vs. the Manager, Indian Overseas Bank, Idigarai Branch ...

Court : Chennai

Reported in : [2006]132CompCas803(Mad); (2006)2MLJ134; [2006]72SCL10(Mad)

petitions challenging the notice under section 13 2 of the securitisation act are dismissed on the ground that the writ petitions reduce non performing assets by adopting measures for recovery or reconstruction the object of the act is to improve the recovery under section 13 2 of the securitization and reconstruction of financial assets and enforcement of security act in short sarfaesi act of security act in short sarfaesi act bringing the secured assets of the petitioner for sale under sarfaesi act 2 the 2 of the securitization and reconstruction of financial assets and enforcement of security act petitioner firm carrying on business in farming in dispute that the petitioner availed credit facilities against the security of immovable property viz lands of an extent of 14 by the petitioner in payment of principal as well as interest the petitioner s loan account was treated as non performing the agricultural operations such as raising of crops etc are actually being carried on a land which is left barren but repayment of loan respondent initiated action against the petitioner under section 13 2 of the act and issued notice hence the stage of making of the demand and notice under section 13 2 of the act no hearing can be claimed for

Bhishma N. Thakore Vs. Dena Bank

Court : Gujarat

Reported in : [2007]80SCL44(Guj)

..... securitisation and reconstruction of financial assets and enforcement of security interest act 2002 where financial assets have been acquired by any securitisation company or reconstruction company under sub section 1 of section 5 of that act provided also that on or after the commencement of the securitisation and reconstruction of financial assets and enforcement of security interest act 2002 .....

Sushil Kumar Agarwalla and anr. Vs. State of Assam and anr.

Court : Guwahati

..... 2 of the securitisation and reconstruction of financial assets and enforcement of security interest act 2002 in short sarfaesi act 2002 on the following grounds 1 the act does not apply to the case as per provisions of section 31 i of the act the security interest created being .....

Mr. K.J. Doraisamy Vs. the Assistant General Manager, State Bank of In ...

Court : Chennai

Reported in : [2007]136CompCas568(Mad); 2006(5)CTC829; (2006)4MLJ1877; [2007]78SCL196(Mad)

..... in time therefore with a view to regulate the securitisation and reconstruction of financial assets and enforcement of security interest the parliament enacted the securitisation and reconstruction of financial assets and enforcement of security interest act 2002 in the statement of objects and reasons to the .....

S.K. Viji and anr. Vs. Indian Overseas Bank and ors.

Court : DRAT Madras

Reported in : 3(2006)BC148

..... the action by filing application under section 17 of the securitisation act i do not find any infirmity in ..... and fi act 1993 and actually meant these petitions have been filed under the sarfaesi act under section 17 challenging ..... appears that the appellants property was given as security when they were minors but however the ..... and 772 2004 in oa 305 2002 before the drt i at chennai for grant of interim .....