No bar on advocates being appointed as ‘receivers’ under Section 14(1A) SARFAESI, Delhi HC

The Court concluded that the District Magistrate/CMM had the discretion to appoint subordinate officers as receivers.
No bar on advocates being appointed as ‘receivers’ under Section 14(1A) SARFAESI, Delhi HC
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The Delhi High Court has held that there was no bar on advocates being appointed as ‘receivers’ under Section 14(1A) of The Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002.

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