Photo of Abir Dey

Principal Associate in the Projects and Project Finance practice at the Mumbai office of Cyril Amarchand Mangaldas, Abir has a wide range of experience in banking, projects, project financing, structured financing and debt restructuring across various sectors including Solar, Wind, Road, Thermal, Oil & Gas, Transmission, Real Estate, Ports, Hydro, Warehousing, Aviation, Automobile. He can be reached at abir.dey@cyrilshroff.com

Summary of Delhi HC Judgement of 13 3A SARFARESI

 

Can a secured creditor respond to a representation by a borrower, in response to a notice issued to him under section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act), beyond the mandatory period of 15 days (as stipulated under Section 13 (3A) of SARFAESI Act)? Continue Reading Is the Period of 15 Days Stipulated under Section 13 (3A) of SARFAESI Act to Respond to a Representation by a Borrower Mandatory?