How Does The SARFAESI Act Empower Banks To Recover Debt?
– Abul Kalam Azad Sulthan, Advocate, High Court of Judicature at Madras and Madurai Bench of Madras High Court & Partner, Spicy Law Firm. There's a powerful tool at the disposal of banks to recover debt efficiently - the SARFAESI Act. This Act gives banks the authority to take possession of collateral properties without involving the court, [...]