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Lenders Beware, the Property is Leased

Lenders Beware, the Property is Leased

10 April 2014 5:02 PM IST

SARFAESI Act; The lawful possession of the secured asset with the lessee under a valid lease and the secured creditor cannot take over possession until the lawful possession of the lessee gets determined; SC

SARFAESI Act; The lawful possession of the secured asset with the lessee under a valid lease and the secured creditor cannot take over possession until the lawful possession of the lessee gets determined; SC

4 April 2014 3:03 PM IST