S.14 SARFAESI Act Confers Ministerial Powers On Magistrate, Not Required To Adjudicate Disputes Qua Secured Asset: Rajasthan High Court
In a recent order dated 14/03/2024, Justice Anoop Kumar Dhand of the Rajasthan High Court clarified the powers under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) in response to a writ petition filed by Mr. Jamesh Bedi, Advocate. The case revolved around a dispute concerning an order dated 09.01.2023 issued by the District Magistrate of Jaipur rejecting an…
