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Loan Recovery | Bank Can Invoke Simultaneous Proceedings Under SARFAESI Act And Arbitration Act: Andhra Pradesh High Court
The Andhra Pradesh High Court has held that a Bank can invoke SARFAESI and Arbitration Act proceedings simultaneously to recover outstanding loan amounts. Furthermore, writ courts should be extremely.
Sreedhar valiveti
Justice duppala venkata ramana
Sita ram chaparla
Supreme court
Andhra pradesh high court
Division bench
Md frozen foods exportsp ltd
Hero fincorp ltd
Respondent bank
Observation of the court
Arbitration act
Debt recovery tribunal
Non performing asset
Arbitral award
Financial assets
Security interest act
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