Notice to borrower under rule 8 of the Security Interest (Enforcement) Rules is mandatory: HC

FEMA amp; BANKING : A notice to borrower regarding auction sale under rule 8(6) of Security Interest (Enforcement) Rules, 2002 is a mandatory requirement laid down by statute, and failure to issue such a notice would vitiate auction itselfFEMA amp; BANKING : A notice to borrower regarding auction sale under rule 8(6) of Security Interest (Enforcement) Rules, 2002 is a mandatory requirement laid down by statute, and failure to issue such a notice would vitiate auction itselfwww.taxmann.com Latest Case LawsRead More

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