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Borrower need not wait until actual possession of assets; plea can be filed at stage of notice for Possession

November 5, 2018[2018] 99 taxmann.com 76 (SC)/[2018] 150 SCL 566 (SC)
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SARFAESI Act : Borrower/debtor can approach Debts Recovery Tribunal under section 17 of Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 Act at stage of possession notice referred to in rule 8(1) and 8(2) of Security Interest (Enforcement) Rules, 2002 itself

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