Does Debts Recovery Tribunal have power to condone delay under Section 17 of SARFAESI Act? Supreme Court to consider

The plea states that the delay in filing an appeal under section 18(1) of the SARFAESI Act can be condoned under the provisions of Section 20(3) of the RDDB Act.
AM Khanwilkar and Dinesh Maheshwari, Supreme Court
AM Khanwilkar and Dinesh Maheshwari, Supreme Court

The Supreme Court will examine a plea challenging a Kerala High Court judgment which held that the Debts Recovery Tribunal (DRT) has no power to condone the delay under Section 17 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act (SARFAESI) Act, 2002 [KJ George v. Authorised Officer, Indian Bank].

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