Judiciary must collaborate with stakeholders to ensure security and efficacy of banking system: Allahabad High Court

The Court found that no civil court can entertain a suit or proceeding if an aggrieved person has grievance against any measures taken under the SARFAESI Act.
Allahabad High Court
Allahabad High Court

The Allahabad High Court recently remarked that all stakeholders including the judiciary must work in collaboration to ensure the security and efficacy of the banking system [M/S Trilokchand Fabrication Pvt. Ltd].

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