ILC-2015-SC-CIVIL-Mar-4
V. Krishnaswamy & Anr. Vs. Karanataka Rajya Kaigarika Sahakari Bank
Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 - Recovery of Loan
Recovery of Loan - Dispute with regard to the amount payable by the appellants pending before the Joint Registrar of the Cooperative Societies -Direction to Additional Registrar to decide the case within six months - Till the aforesaid proceedings are completed, no coercive steps shall be taken under the provisions of the SARFAESI Act, for recovery of the amount.
Topic(s)-SARFAESI - Recovery of Loan