SARFAESI Section 17 grants financial lenders the right to liquidate assets in cases of loan default. This mechanism aims to offset losses incurred by lenders and ensure timely restitution. The steps for asset seizure under Section 17 is a complex one, involving warnings to the borrower, appraisal of assets, and transfer. It's crucial for… Read More

Navigating the DRAT appeal procedure can feel daunting, but understanding the basic phases is crucial. Generally, the initial phase involves submitting a written application outlining the justification for your disagreement. This submission must be accompanied by relevant documentation. Following review of your appeal, a complete investigation w… Read More