Sadhana Bharat Rai & Anr. v. Kotak Mahindra Bank Ltd.

…Appellant

Kotak Mahindra Bank Ltd.

…Respondent

Case No: Appeal on Diary No. 1337/2023

Date of Judgement: 03/10/2023

Judges:

Mr Justice Ashok Menon, Chairperson

For Appellant: Mr Ismail Nasikwala, Advocate.

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Facts:

Arguments by the Parties:

Cases Cited:

Sections and Laws Referred:

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act)

• • Section 13(2) (Demand Notice)
  • Section 13(3) (Contents of Demand Notice)
  • Section 14 (Application to District Magistrate/Chief Metropolitan Magistrate)
  • Section 18(1) (Mandatory Pre-deposit for Entertaining Appeal)

Arbitration Act