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Companies Law - Highlights / Catch Notes

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Power of Debts Recovery Appellate Tribunal to condone delay - ...


Debts Recovery Appellate Tribunal can't excuse delays in appeals u/s 18 of SARFAESI Act; Limitation Act inapplicable.

January 8, 2015

Case Laws     Companies Law     HC

Power of Debts Recovery Appellate Tribunal to condone delay - Section 29(2) of the Limitation Act does not apply to an appeal under Section 18 of the SARFAESI Act and therefore Section 5 of the Limitation Act cannot be pressed into service to condone the delay in filing such appeal - HC

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