DRT has no power to condone delay in filing an application under Section 17 of the SARFAESI Act beyond 45 days, and a belated challenge by an auction purchaser to forfeiture of 25% bid amount is not maintainable – A. Jagadesh Kumar Vs. Branch Manager, Union Bank of India – DRT Chennai

(2026) ibclaw.in 405 DRT IN THE DEBT RECOVERY TRIBUNALChennai A. Jagadesh Kumarv.Branch Manager, Union Bank of India IA.No. 447 of [...]