Banks

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, [...]

Are Public Sector Banks Successful In Recovering Debts With SARFAESI Act?

– Abul Kalam Azad Sulthan, Advocate, High Court of Judicature at Madras and Madurai Bench of Madras High Court & Partner, Spicy Law Firm. Many of you may wonder about the effectiveness of Public Sector Banks in recovering debts using the SARFAESI Act. This insightful analysis will explore into the challenges faced by public sector banks, the [...]

By |2024-08-04T08:57:38+00:00August 4th, 2024|Business Law, Legal Guides|0 Comments
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