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Measures taken by bank to enforce security interest could be challenged u/s 17 only not before civil court

January 9, 2020[2020] 113 26 (Bombay)

FEMA, BANKING & INSURANCE : Where a borrower company sent an application to lender bank seeking benefit of RBI circular which grant certain relief to micro small and medium enterprises who had borrowed loans from banks, but, lender bank rejected said application, appeal against said rejection was to be made under section 17 of SARFAESI Act and not before Civil Court

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