SARFAESI Section 17 grants financial institutions the authority to liquidate assets in cases of loan default. This process aims to mitigate losses incurred by lenders and ensure timely repayment. The steps for asset seizure under Section 17 is a complex one, involving warnings to the borrower, valuation of assets, and ultimate sale. It's… Read More

Navigating the The DRAT challenge mechanism can feel daunting, but understanding the basic phases is essential. Generally, the primary stage involves submitting a formal request outlining the justification for your disagreement. This filing must be accompanied by relevant evidence. Following receipt of your dispute, a thorough evaluation will be… Read More