Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002

Article 14 - Applicants claim to be the true tenants of this protected property and their claims are pending consideration before the Tribunal - In the meantime, the Bank has deprived the applicants of the property in question and is praying for restitution. assistance because they are not registered as tenants in respect of the area in question. In addition, the matter had not been referred to the Tribunal as the deadline had been closed and an application for a delay in exemption had not been granted -. Since the appellants are unable to enter into a valid agreement with the land, they are not entitled to restitution in respect of the land in question - However, as the limit on litigation has been imposed by Apex Court RE: Capacity Extension, has dissolved in accordance with the law within one (1) month from the date of the date of this order - the Tribunal finds that the expropriation of the applicants for any of the legal obligations of the applicants, will be returned to them. With this comment, the Written Complaint is dismissed. K. Dharma Lingam v. City Union Bank Ltd., ICL 2021 (7) AP 412.



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