Photo of Amey Pathak

Partner in the Projects and Project Finance practice at the Mumbai office of Cyril Amarchand Mangaldas, Amey specialises in infrastructure projects, projects and banking & financing. He routinely advises key Indian financial institutions, multinational banks and multilateral lending agencies with respect to financing of various infrastructure projects in the airport, power, telecom, oil & gas and road sectors in India.

Amey has been recognized as ‘Leading Lawyer’ for Banking and M&A by IFLR1000, 2016. He can be reached at amey.pathak@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?